How to Buy Interactive Strength Stock
Interactive Strength Inc
Interactive Strength Inc. , doing business as FORME, operates digital fitness platform that provides connected fitness hardware products and related accessories in the United States.
Interactive Strength stock last closed at $0.83, down 12.42% from the previous day, and has decreased 99.89% in one year. It has underperformed other stocks in the Personal Services industry by 0.34 percentage points. Interactive Strength stock is currently +4% from its 52-week low of $0.80, and -99.92% from its 52-week high of $996.00.
There are currently 7.95M shares of TRNR outstanding. The market value of TRNR is $6.62M. In the last 24 hours, 579,177 TRNR shares were traded.
How to Buy Interactive Strength Stock
Not sure how to invest in Interactive Strength stock? Here's how.
- Decide where to buy Interactive Strength stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Interactive Strength stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your method of payment and add your info.
- Analyze Interactive Strength stock: The Interactive Strength ticker symbol is TRNR. Is Interactive Strength stock a good investment? Should you buy shares of TRNR? How do TRNR's underlying business fundamentals look? Do top analysts think Interactive Strength is a good buy? Why has TRNR's stock price moved recently? (Hint: Our stock analysis website can help you figure out if TRNR is a good stock to buy).
- Make your TRNR buy order: Decide if you will purchase TRNR shares at the current market price or use a limit order to purchase TRNR stock at a particular price.
- Keep an eye on your investment in TRNR: Create a watchlist to keep tabs on your new investment in Interactive Strength shares.
Step 1: Decide where to buy Interactive Strength stock
You need a brokerage account in order to access the NASDAQ market and buy TRNR shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you can buy TRNR stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new trading account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on a good stock buying app, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details depositing money into your new brokerage account.
Step 4: Analyze Interactive Strength stock
After you have selected the best place to buy Interactive Strength stock, it's very important to evaluate their stock prior to investing, so you actually wrap your head around the risk and upside.
Interactive Strength Metrics
TRNR Fundamentals
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on TRNR's stock page.
How is TRNR stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge TRNR's true value.
Using relative valuations ratios:
- TRNR may be undervalued based on its P/B ratio of 0.93x, relative to Personal Services industry P/B ratio of 10.96x
You can do additional valuation research on TRNR's stock here.
A quick look at TRNR Financials
Pros:
- There are more short-term assets than long-term liabilities on the TRNR balance sheet.
Cons:
- TRNR has a relatively high debt to equity ratio of 3.8.
- There are more short-term liabilities than short-term assets on the TRNR balance sheet.
- TRNR profit margin has gone up by 46.91 percentage points in the past year, but the company is still unprofitable.
- TRNR has $138.00k in cash and short term investments. This is not enough to cover its annual cash burn of $15.02M.
- TRNR has cash burn of 15024000. It does not have sufficient cash and short-term investments to cover this.
You can dig deeper into what analysts are saying on the Interactive Strength stock forecast page.
TRNR Technical Indicators
TRNR Performance Metrics
Last year, TRNR revenue was $5.38M. In the last three year, TRNR's revenue has increased by 250.17% per year. This was faster than the Personal Services industry average of 7.48%.
Find out more about TRNR's earnings and revenue performance here.
Latest Insiders Trades at TRNR
Over the last year, executives and large shareholders at TRNR have not bought or sold any shares.
Learn more about who owns TRNR stock here.
Can I get consistent income from TRNR stock?
No, Interactive Strength doesn't provide an income stream by paying out dividends.
What others are saying about TRNR
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your TRNR buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, use a limit order.
Press the Open Trade button and your broker will place your order.
If you require additional info about buying stocks on eToro, click the how to video below:
Step 6: Keep an eye on your investment in TRNR
Now that you own some TRNR stock, you'll want to keep up with your new company.
Create a watchlist to get the latest updates about your TRNR stock.
TRNR Feed
How to Buy Stock in Interactive Strength
To reiterate, here are the 6 steps for buying Interactive Strength stock:
- Decide where to buy Interactive Strength stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Interactive Strength stock
- Make your TRNR buy order
- Keep an eye on your investment in TRNR
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Interactive Strength, hit the button below to create your watchlist.
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