Peloton Stock Is 9% Up So Far Today

(VIANEWS) – Shares of Peloton (NASDAQ: PTON) jumped 9.25% to $14.11 at 14:30 EST on Friday, after two successive sessions in a row of gains. NASDAQ is rising 1.76% to $11,664.29, following the last session’s upward trend. This seems, at the moment, an all-around up trend exchanging session today.

Peloton’s last close was $12.92, 59.8% below its 52-week high of $32.14.

About Peloton

Peloton Interactive, Inc. operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, and Peloton Tread+ names. It also provides connected fitness subscriptions for various household users, and access to various live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes. As of June 30, 2022, it had approximately 6.9 million members. The company markets and sells its interactive fitness products directly through its retail showrooms and at onepeloton.com. Peloton Interactive, Inc. was founded in 2012 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Peloton has a trailing twelve months EPS of $-2.14.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -229.75%.

Volume

Today’s last reported volume for Peloton is 6639701 which is 49.27% below its average volume of 13090800.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Peloton’s stock is considered to be overbought (>=80).

Revenue Growth

Year-on-year quarterly revenue growth declined by 30.1%, now sitting on 3.05B for the twelve trailing months.

More news about Peloton (PTON).

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