Interactive Strength Inc [NASDAQ: TRNR] stock went on a downward path that fall over -34.50% on Wednesday, amounting to a one-week price decrease of less than -34.77%.
Over the last 12 months, TRNR stock dropped by -84.28%. The one-year Interactive Strength Inc stock forecast points to a potential downside of -46566.67. The average equity rating for TRNR stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $4.54 million, with 0.04 million shares outstanding and 10.13 million shares in the current float. Compared to the average trading volume of 2.80M shares, TRNR stock reached a trading volume of 4506260 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Interactive Strength Inc [TRNR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TRNR shares is $6000.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TRNR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Price to Book ratio for the last quarter was 0.26, with the Price to Cash per share for the same quarter was set at 0.22.
TRNR Stock Performance Analysis:
Interactive Strength Inc [TRNR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -34.77. With this latest performance, TRNR shares dropped by -43.29% in over the last four-week period, additionally sinking by -85.50% over the last 6 months – not to mention a drop of -84.28% in the past year of trading.
Insight into Interactive Strength Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Interactive Strength Inc [TRNR] shares currently have an operating margin of -413.51% and a Gross Margin at -64.48%. Interactive Strength Inc’s Net Margin is presently recorded at -472.91%.
Return on Equity for this stock declined to -77.91%, with Return on Assets sitting at -77.91%.
Interactive Strength Inc [TRNR] Institutonal Ownership Details
There are presently around $1.89%, or 1.89% of TRNR stock, in the hands of institutional investors.
