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 $0.17, down 4.52% from the previous day, and has decreased 97.34% in one year. It has underperformed other stocks in the Personal Services industry by 0.86 percentage points. Interactive Strength stock is currently +7.64% from its 52-week low of $0.16, and -97.63% from its 52-week high of $7.14.
There are currently 19.54M shares of TRNR outstanding. The market value of TRNR is $3.30M. In the last 24 hours, 284,988 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.
Our recommended brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world markets: From Tech to Real Estate, New York to Tokyo — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro today.
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.
You can access more valuation research on TRNR's stock here.
TRNR Financials at a glance
Pros:
- There are more short-term assets than long-term liabilities on the TRNR balance sheet.
Cons:
- TRNR profit margin has gone up by 32.1 percentage points in the past year, but the company is still unprofitable.
- There are more short-term liabilities than short-term assets on the TRNR balance sheet.
- TRNR has cash burn of 16848000. It does not have sufficient cash and short-term investments to cover this.
- TRNR debt to equity ratio of -4.03 is negative.
- Total TRNR debt is still negative.
- TRNR has $0.00 in cash and short term investments. This is not enough to cover its annual cash burn of $16.85M.
TRNR Technical Indicators
How are TRNR Revenues/Earnings doing?
Last year, TRNR revenue was $962.00k. During the past two year, TRNR's revenue has grown by 72.58% per year. This was faster than the Personal Services industry average of 11.12%.
Find out more about TRNR's earnings and revenue performance here.
Latest Insiders Trades at TRNR
In the last year, executives and large shareholders at TRNR have bought more shares than they have sold.
Bradley James Wickens, 10% Owner of TRNR, was the latest TRNR insider to buy. They bought $26,080.00 worth of TRNR shares on Jun 1, 2023.
Research 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 find out what other investors have to say.
Step 5: Make your TRNR buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open Trade button and eToro will execute your order.
If you require more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in TRNR
Now that you own some TRNR shares, you'll want to stay up-to-date on your shares.
Create a watchlist to get notified of the latest news about your TRNR stock.
TRNR Feed
How to Buy Stock in Interactive Strength
To reiterate, here are the 6 steps to buy stock in Interactive Strength:
- 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 need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Interactive Strength, add TRNR to your watchlist below.
Other Content You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.