Wall Street Zen Upgrades Interactive Strength (NASDAQ:TRNR) to Hold

Interactive Strength (NASDAQ:TRNR) was upgraded by Wall Street Zen to a “hold” rating in a note issued to investors on Saturday.

TRNR has been the topic of a number of other reports. Weiss Ratings restated a “sell (e+)” rating on shares of Interactive Strength in a research note on Monday, December 29th. Maxim Group set a $22.50 target price on shares of Interactive Strength in a research report on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $22.50.

Interactive Strength Stock Down 8.7%

Shares of Interactive Strength stock opened at $1.58 on Friday. The company has a debt-to-equity ratio of 2.29, a current ratio of 0.56 and a quick ratio of 0.40. Interactive Strength has a 1-year low of $1.37 and a 1-year high of $245.00. The business’s fifty day moving average price is $5.78 and its two-hundred day moving average price is $20.21. The company has a market capitalization of $837,400.00, a P/E ratio of -0.01 and a beta of 0.55.

Interactive Strength Company Profile

Interactive Strength Inc, doing business as FORME, operates digital fitness platform that provides connected fitness hardware products and related accessories in the United States. The company offers the Forme Studio, a fitness mirror with touchscreen display; and the Forme Studio Lift, a fitness mirror and cable-based digital resistance. It also provides video on-demand classes, and personal training and expert health coaching services. The company sells its products through retail stores, as well as online.