Peloton Interactive Inc (NASDAQ:PTON) shares, rose in value on Thursday, March 27, with the stock price down by -2.59% to the previous day’s close as strong demand from buyers drove the stock to $6.77.
Actively observing the price movement in the last trading, the stock closed the session at $6.95, falling within a range of $6.73 and $7.13. The value of beta (5-year monthly) was 1.949. Referring to stock’s 52-week performance, its high was $10.90, and the low was $2.70. On the whole, PTON has fluctuated by -14.09% over the past month.
With the market capitalization of Peloton Interactive Inc currently standing at about $2.64 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-05.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.46B, with a low estimate of 613.2M and a high estimate of 628.27M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 620.39M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PTON’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of PTON currently trading nearly 1.88% and -12.69% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.09, while the 7-day volatility ratio is showing 6.21% which for the 30-day chart, stands at 7.33%. Furthermore, Peloton Interactive Inc (PTON)’s beta value is 2.20, and its average true range (ATR) is 0.53.
A comparison of Peloton Interactive Inc (PTON) with its peers suggests the former has fared considerably weaker in the market. PTON showed an intraday change of -2.59% in last session, and over the past year, it grew by 62.35%%.
Data on historical trading for Peloton Interactive Inc (NASDAQ:PTON) indicates that the trading volumes over the past 10 days have averaged 15.39 and over the past 3 months, they’ve averaged 14.95 million. According to company’s latest data on outstanding shares, there are 373.79 million shares outstanding.
Nearly 6.51% of Peloton Interactive Inc’s shares belong to company insiders and institutional investors own 87.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 54.71 million shares as on 2025-03-14, resulting in a short ratio of 3.29. According to the data, the short interest in Peloton Interactive Inc (PTON) stood at 1664.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 55.3 million. The stock has fallen by -22.18% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PTON stock heading into the next quarter.
