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Why Peloton Interactive Inc (PTON) Stock Could See Much Higher Prices Ahead

Peloton Interactive Inc (NASDAQ: PTON) is -49.10% lower on its value in year-to-date trading and has touched a low of $3.27 and a high of $10.13 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PTON stock was last observed hovering at around $3.29 in the last trading session, with the day’s loss setting it -0.19%.

Currently trading at $3.10, the stock is -22.90% and -27.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.2 million and changing -5.78% at the moment leaves the stock -45.88% off its SMA200. PTON registered -67.64% loss for a year compared to 6-month loss of -36.08%.

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The stock witnessed a -28.24% gain in the last 1 month and extending the period to 3 months gives it a -46.64%, and is -21.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.51% over the week and 5.89% over the month.

Peloton Interactive Inc (PTON) has around 6262 employees, a market worth around $1.14B and $2.73B in sales. Profit margin for the company is -31.94%. Distance from 52-week low is -5.20% and -69.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-49.85%).

The EPS is expected to grow by 58.74% this year.

Peloton Interactive Inc (PTON) Top Institutional Holders

The shares outstanding are 338.75M, and float is at 324.58M with Short Float at 15.76%.

Peloton Interactive Inc (PTON) Insider Activity

The most recent transaction is an insider sale by Coddington Elizabeth F,the company’sChief Financial Officer. SEC filings show that Coddington Elizabeth F sold 8,977 shares of the company’s common stock on Mar 14 ’24 at a price of $4.34 per share for a total of $38975.0. Following the sale, the insider now owns 0.1 million shares.

Peloton Interactive Inc disclosed in a document filed with the SEC on Mar 07 ’24 that Cotter Jennifer Cunningham (Chief Content Officer) sold a total of 104,620 shares of the company’s common stock. The trade occurred on Mar 07 ’24 and was made at $4.43 per share for $0.46 million. Following the transaction, the insider now directly holds 32363.0 shares of the PTON stock.

Still, SEC filings show that on Feb 26 ’24, RENDICH ANDREW S (Chief Supply Chain Officer) disposed off 125,840 shares at an average price of $4.49 for $0.56 million. The insider now directly holds 47,690 shares of Peloton Interactive Inc (PTON).

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