Peloton Interactive Inc’s recent filing unveils that its Officer KAREN BOONE acquired Company’s shares for reported $51675.0 on Aug 01 ’24. In the deal valued at $3.43 per share,15,080 shares were bought.
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Then, CHRISTOPHER LOREN BRUZZO bought 15,113 shares, generating $51,674 in total proceeds.
Before that, Boone Karen sold 15,080 shares. Peloton Interactive Inc shares valued at $51,675 were divested by the Interim Co-CEO and President at a price of $3.43 per share. As a result of the transaction, Boone Karen now holds 141,522 shares, worth roughly $0.45 million.
Wolfe Research initiated its Peloton Interactive Inc [PTON] rating to a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “a Neutral”. Bernstein also remained covering PTON and has decreased its forecast on May 03, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Telsey Advisory Group maintained its rating on April 29, 2024. It rated PTON as “a Market perform”.
Price Performance Review of PTON
On Friday, Peloton Interactive Inc [NASDAQ:PTON] saw its stock fall -3.61% to $3.20. Over the last five days, the stock has lost -11.11%. Peloton Interactive Inc shares have fallen nearly -47.45% since the year began. Nevertheless, the stocks have fallen -64.64% over the past one year. While a 52-week high of $9.50 was reached on 01/05/24, a 52-week low of $2.70 was recorded on 05/02/24. SMA at 50 days reached $3.55, while 200 days put it at $4.47. A total of 8.94 million shares were traded, compared to the trading of 10.6 million shares in the previous session.
Levels Of Support And Resistance For PTON Stock
The 24-hour chart illustrates a support level at 3.11, which if violated will result in even more drops to 3.01. On the upside, there is a resistance level at 3.29. A further resistance level may holdings at 3.37. The Relative Strength Index (RSI) on the 14-day chart is 37.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.36%. Stochastics%K at 14.83% indicates the stock is a buying.
