(VIANEWS) – Shares of Peloton (NASDAQ Composite: PTON) slid 5.34% to $48.40 at 17:24 EST on Wednesday, following the last session’s downward trend. NASDAQ Composite is jumping 0.45% to $15,993.71, after two consecutive sessions in a row of losses. This seems, so far, a somewhat up trend exchanging session today.
Peloton’s last close was $51.13, 70.12% below its 52-week high of $171.09.
Today’s last reported volume for Peloton is 24911142 which is 99.98% above its average volume of 12456334.
The company’s growth estimates for the ongoing quarter and the next is a negative 630% and a negative 438.9%, respectively.
Year-on-year quarterly revenue growth grew by 54.3%, now sitting on 4.02B for the twelve trailing months.
Peloton’s Stock Yearly Top and Bottom Value
Peloton’s stock is valued at $48.40 at 17:24 EST, way under its 52-week high of $171.09 and higher than its 52-week low of $47.57.
Peloton’s Moving Average
Peloton’s worth is way below its 50-day moving average of $84.77 and way below its 200-day moving average of $102.80.
Previous days news about Peloton (PTON)
- Hagens berman, national trial attorneys, encourages Peloton interactive (pton) investors to contact firm's attorneys, about lead plaintiff in class action. According to Benzinga on Tuesday, 23 November, "We’re focused on recovering investors’ losses and proving Peloton lied about its inventory valuation," said Reed Kathrein, the Hagens Berman partner leading the investigation.", "But, according to the complaint, Defendants’ statements were false and misleading and/or failed to disclose that Peloton (1) was unable to accurately ascertain inventory levels, (2) was unable to match supply and demand for Peloton’s products, and (3) had a massive inventory that exceeded customer demand."
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