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Peloton Interactive (PTON) Looks Good: Stock Adds 12.8% in Session
Peloton Interactive, Inc. (PTON - Free Report) was a big mover last session, as the company saw its shares rise nearly 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $19.51 –$29.19 in the past one-month time frame, witnessed a sharp increase yesterday.
The stock gained due to increased demand for the company's at-home fitness products amid the coronavirus pandemic.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Peloton Interactive currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Peloton Interactive, Inc. Price
Peloton Interactive, Inc. price | Peloton Interactive, Inc. Quote
Investors interested in the Leisure and Recreation Products industry may consider Malibu Boats, Inc. (MBUU - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is PTON going up? Or down? Predict to see what others think:Up or Down
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