Peloton Stock Falls 9% So Far On Thursday, Underperforms Market

(VIANEWS) – Shares of Peloton (NASDAQ: PTON) slid 9.36% to $6.82 at 14:39 EST on Thursday, after two consecutive sessions in a row of losses. NASDAQ is rising 0.01% to $12,307.94, following the last session’s upward trend. This seems, as yet, a somewhat positive trend exchanging session today.

Peloton’s last close was $7.53, 57.77% under its 52-week high of $17.83.

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 $-6.8.

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).

Sales Growth

Peloton’s sales growth is negative 9% for the current quarter and 6.8% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Peloton’s EBITDA is 1.48.

Yearly Top and Bottom Value

Peloton’s stock is valued at $6.82 at 14:39 EST, way below its 52-week high of $17.83 and above its 52-week low of $6.66.

More news about Peloton (PTON).

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