The stock has a 36-month beta value of -0.83. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TRNR is 2.79M, and at present, short sellers hold a 5.13% of that float. On August 06, 2024, the average trading volume of TRNR was 1.37M shares.
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TRNR) stock’s latest price update
The stock price of Interactive Strength Inc (NASDAQ: TRNR) has plunged by -16.67 when compared to previous closing price of 0.54, but the company has seen a -35.81% decline in its stock price over the last five trading sessions. accesswire.com reported 2024-07-30 that German Distributor placed six-figure initial order that is expected to ship in the third quarter of 2024 Germany is the largest fitness market after the United States Germany’s largest fitness company, RSG Group, owns Gold’s Gym and McFIT among other brands AUSTIN, TX / ACCESSWIRE / July 30, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) (“TRNR” or “the Company”), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that it has secured exclusive distribution and a six-figure initial order for CLMBR in Germany, the largest fitness market outside the United States. Trent Ward, Co-Founder and CEO of TRNR, said: “Germany is the largest international fitness market and we are confident of the demand in Germany after the seeing the strong interest in CLMBR at FIBO, the largest fitness show in the world, which was held in Germany this past April.
TRNR’s Market Performance
Interactive Strength Inc (TRNR) has experienced a -35.81% fall in stock performance for the past week, with a -59.28% drop in the past month, and a -93.34% drop in the past quarter. The volatility ratio for the week is 16.34%, and the volatility levels for the past 30 days are at 20.92% for TRNR. The simple moving average for the last 20 days is -44.06% for TRNR stock, with a simple moving average of -97.75% for the last 200 days.
TRNR Trading at -84.87% from the 50-Day Moving Average
After a stumble in the market that brought TRNR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.59% of loss for the given period.
Volatility was left at 20.92%, however, over the last 30 days, the volatility rate increased by 16.34%, as shares sank -64.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -94.08% lower at present.
During the last 5 trading sessions, TRNR fell by -35.81%, which changed the moving average for the period of 200-days by -98.96% in comparison to the 20-day moving average, which settled at $0.7629. In addition, Interactive Strength Inc saw -98.69% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TRNR
Current profitability levels for the company are sitting at:
- -36.57 for the present operating margin
- -4.35 for the gross margin
The net margin for Interactive Strength Inc stands at -40.07. The total capital return value is set at -41.43. Equity return is now at value -11955.56, with -143.30 for asset returns.
Based on Interactive Strength Inc (TRNR), the company’s capital structure generated 1.18 points at debt to capital in total, while cash flow to debt ratio is standing at -0.69. The debt to equity ratio resting at -6.7. The interest coverage ratio of the stock is 209.37.
Currently, EBITDA for the company is -47.87 million with net debt to EBITDA at -0.56. When we switch over and look at the enterprise to sales, we see a ratio of 19.0. The receivables turnover for the company is 1.64for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.23.
Conclusion
To sum up, Interactive Strength Inc (TRNR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
