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Investing in Peloton Interactive Inc (PTON) Is Getting More Attractive

Peloton Interactive Inc’s recently made public that its Officer ELIZABETH F CODDINGTON acquired Company’s shares for reported $0.5 million on Feb 18 ’25. In the deal valued at $9.57 per share,52,137 shares were bought.

Then, JENNIFER COTTER bought 131,617 shares, generating $1,256,508 in total proceeds.

Before that, ELIZABETH CODDINGTON bought 118,682 shares. Peloton Interactive Inc shares valued at $1,159,523 were divested by the Officer at a price of $9.77 per share.

Argus upgraded its Peloton Interactive Inc [PTON] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early December from “a Sell” to “a Neutral”. BofA Securities also remained covering PTON and has increased its forecast on November 04, 2024 with a “Buy” recommendation from previously “an Underperform” rating. Telsey Advisory Group maintained its rating on November 01, 2024. It rated PTON as “a Market perform”.

Price Performance Review of PTON

On Tuesday, Peloton Interactive Inc [NASDAQ:PTON] saw its stock fall -1.43% to $9.63. Over the last five days, the stock has gained 12.37%. Peloton Interactive Inc shares have risen nearly 10.69% since the year began. Nevertheless, the stocks have risen 104.46% over the past one year. While a 52-week high of $10.90 was reached on 02/14/25, a 52-week low of $2.70 was recorded on 02/04/25. SMA at 50 days reached $8.96, while 200 days put it at $5.83.

Levels Of Support And Resistance For PTON Stock

The 24-hour chart illustrates a support level at 9.45, which if violated will result in even more drops to 9.26. On the upside, there is a resistance level at 9.81. A further resistance level may holdings at 9.98. The Relative Strength Index (RSI) on the 14-day chart is 61.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.35, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.26%. Stochastics %K at 82.79% indicates the stock is a selling.

The most recent change occurred on August 23, 2024 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $5.

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