(VIANEWS) – Shares of Peloton (NASDAQ: PTON) dropped by a staggering 29.57% in 21 sessions from $13.63 at 2023-03-08, to $9.60 at 13:31 EST on Tuesday, after five consecutive sessions in a row of gains. NASDAQ is falling 0.8% to $11,674.39, following the last session’s downward trend.
Peloton’s last close was $9.78, 69.57% under its 52-week high of $32.14.
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%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 79.7% and 91.8%, respectively.
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