Beachbody’s (BODI) “Buy” Rating Reaffirmed at Roth Mkm

Beachbody (NYSE:BODI)‘s stock had its “buy” rating restated by stock analysts at Roth Mkm in a research note issued to investors on Thursday,Benzinga reports. They presently have a $12.00 price target on the stock. Roth Mkm’s price objective would indicate a potential upside of 80.18% from the stock’s previous close.

Beachbody Trading Down 2.2 %

BODI opened at $6.66 on Thursday. Beachbody has a one year low of $5.14 and a one year high of $13.45. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.64 and a quick ratio of 0.54. The business has a 50 day simple moving average of $6.38 and a two-hundred day simple moving average of $7.52. The firm has a market capitalization of $46.09 million, a price-to-earnings ratio of -0.42 and a beta of 1.12.

Institutional Trading of Beachbody

Several large investors have recently added to or reduced their stakes in the stock. Raine Group LLC bought a new position in Beachbody in the 3rd quarter worth $25,000. Mill Creek Capital Advisors LLC bought a new position in Beachbody in the third quarter worth about $186,000. Rockefeller Capital Management L.P. purchased a new stake in Beachbody in the third quarter worth about $625,000. MSA Advisors LLC bought a new stake in Beachbody during the 3rd quarter valued at approximately $668,000. Finally, Whetstone Capital Advisors LLC bought a new stake in Beachbody during the 3rd quarter valued at approximately $1,071,000. Institutional investors own 74.48% of the company’s stock.

Beachbody Company Profile

The Beachbody Company, Inc operates as a subscription health and wellness company that provides fitness, nutrition, and stress-reducing programs in the United States and internationally. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Beachbody on Demand Interactive (BODi) for live fitness and nutrition programs.