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Where Will Peloton Interactive Inc (PTON) Stock Go Next After It Is Down 14.64% in a Week?

Wednesday, April 21, 2021 02:37 PM | InvestorsObserver Analysts

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Where Will Peloton Interactive Inc (PTON) Stock Go Next After It Is Down 14.64% in a Week?

The market has been down on Peloton Interactive Inc (PTON) stock recently. PTON gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bearish
Peloton Interactive Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PTON!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.

Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.

InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.

The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With PTON Stock Today?

Peloton Interactive Inc (PTON) stock is down -5.59% while the S&P 500 is up 0.68% as of 2:33 PM on Wednesday, Apr 21. PTON has fallen -$5.95 from the previous closing price of $106.50 on volume of 11,087,144 shares. Over the past year the S&P 500 has gained 47.46% while PTON is up 223.62%. PTON earned $0.50 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 200.81.

To screen for more stocks like Peloton Interactive Inc click here.

More About Peloton Interactive Inc

Peloton Interactive Inc operates an interactive fitness platform. It operates its business in three reportable segments: Connected Fitness Products, Subscription, and Other. Connected Fitness Product revenue consists of sales of bike and tread and related accessories, associated fees for delivery and installation, and extended warranty agreements. Subscription revenue consists of revenue generated from monthly Connected Fitness Subscription and Digital Subscription. Other revenue primarily consists of Peloton branded apparel. The company generates the majority of the revenue from the sale of Connected Fitness Products.

Click Here to get the full Stock Score Report on Peloton Interactive Inc (PTON) Stock.

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