A new trading day began on Monday, with Nerdy Inc (NYSE: NRDY) stock price down -4.22% from the previous day of trading, before settling in for the closing price of $1.66. NRDY’s price has ranged from $1.47 to $5.37 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 17.46%. Meanwhile, its annual earnings per share averaged -85.55%. With a float of $55.99 million, this company’s outstanding shares have now reached $106.42 million.
The extent of productivity of a business whose workforce counts for 500 workers is very important to gauge.
Nerdy Inc (NRDY) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Nerdy Inc is 48.63%, while institutional ownership is 50.92%. The most recent insider transaction that took place on Jun 17 ’24, was worth 58,434. In this transaction Chief Financial Officer of this company sold 31,586 shares at a rate of $1.85, taking the stock ownership to the 2,407,103 shares. Before that another transaction happened on Jun 14 ’24, when Company’s Chief Executive Officer bought 347,275 for $1.93, making the entire transaction worth $670,241. This insider now owns 2,117,526 shares in total.
Nerdy Inc (NRDY) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -85.55% per share during the next fiscal year.
Nerdy Inc (NYSE: NRDY) Trading Performance Indicators
Here are Nerdy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.28, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.13 in one year’s time.
Technical Analysis of Nerdy Inc (NRDY)
The latest stats from [Nerdy Inc, NRDY] show that its last 5-days average volume of 0.97 million was inferior to 1.21 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 30.35%. Additionally, its Average True Range was 0.12.
During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 6.63%, which indicates a significant decrease from 28.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.44% in the past 14 days, which was higher than the 58.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6862, while its 200-day Moving Average is $2.5938. Now, the first resistance to watch is $1.6331. This is followed by the second major resistance level at $1.6761. The third major resistance level sits at $1.7523. If the price goes on to break the first support level at $1.5139, it is likely to go to the next support level at $1.4377. Assuming the price breaks the second support level, the third support level stands at $1.3947.
Nerdy Inc (NYSE: NRDY) Key Stats
With a market capitalization of 173.31 million, the company has a total of 175,698K Shares Outstanding. Currently, annual sales are 193,400 K while annual income is -40,170 K. The company’s previous quarter sales were 53,730 K while its latest quarter income was -7,450 K.
