Peloton Stock Went Down By Over 27% In The Last 21 Sessions

(VIANEWS) – Shares of Peloton (NASDAQ: PTON) fell by a staggering 27.64% in 21 sessions from $9.77 at 2023-04-17, to $7.07 at 12:24 EST on Tuesday, after two successive sessions in a row of gains. NASDAQ is rising 0.28% to $12,399.44, following the last session’s upward trend.

Peloton’s last close was $7.44, 58.27% below 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 $-6.86.

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 -279.85%.

Yearly Top and Bottom Value

Peloton’s stock is valued at $7.07 at 12:24 EST, way below its 52-week high of $17.83 and above its 52-week low of $6.62.

Volume

Today’s last reported volume for Peloton is 3961560 which is 61.53% below its average volume of 9652260.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 89.1% and 75%, respectively.

More news about Peloton (PTON).

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