Interactive Strength (NASDAQ:TRNR) Upgraded at Wall Street Zen

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

Several other research firms have also recently commented on TRNR. Maxim Group set a $22.50 target price on shares of Interactive Strength in a research report on Friday, January 23rd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Interactive Strength in a report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $22.50.

Interactive Strength Trading Down 8.7%

Shares of Interactive Strength stock opened at $1.58 on Friday. The stock has a market capitalization of $837,400.00, a PE ratio of -0.01 and a beta of 0.54. Interactive Strength has a 52 week low of $1.37 and a 52 week high of $245.00. The stock has a 50 day moving average price of $5.78 and a two-hundred day moving average price of $20.48. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.40 and a current ratio of 0.56.

About Interactive Strength

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.