Interactive Strength Inc (TRNR) Stock: A Closer Look

At the time of writing, Interactive Strength Inc [TRNR] stock is trading at $0.79, up 16.14%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TRNR shares have gain 25.60% over the last week, with a monthly amount drifted -24.76%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

For the past year, the stock price of Interactive Strength Inc fluctuated between $0.56 and $996.00. Interactive Strength Inc [NASDAQ: TRNR] shares were valued at $0.79 at the most recent close of the market.

Analyzing the TRNR fundamentals

According to Interactive Strength Inc [NASDAQ:TRNR], the company’s sales were 5.38M for trailing twelve months, which represents an 1202.19% jump. Gross Profit Margin for this corporation currently stands at -0.52% with Operating Profit Margin at -5.42%, Pretax Profit Margin comes in at -6.49%, and Net Profit Margin reading is -6.49%. To continue investigating profitability, this company’s Return on Assets is posted at -1.02, Equity is -13.46 and Total Capital is -4.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.65.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7068 points at the first support level, and at 0.6235 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8666, and for the 2nd resistance point, it is at 0.9431.

Ratios To Look Out For

It is important to note that Interactive Strength Inc [NASDAQ:TRNR] has a current ratio of 0.31. Further, the Quick Ratio stands at 0.09, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 1.33, the price to book ratio is 0.16.

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