Nerdy Inc (NYSE: NRDY) kicked off on Monday, down -9.18% from the previous trading day, before settling in for the closing price of $0.83. Over the past 52 weeks, NRDY has traded in a range of $0.82-$5.13.
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A company in the Technology sector has jumped its sales by 17.46% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -152.47%. With a float of $55.99 million, this company’s outstanding shares have now reached $106.42 million.
In an organization with 500 employees, it is important to assess its efficiency.
Nerdy Inc (NRDY) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Nerdy Inc is 48.63%, while institutional ownership is 50.23%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -152.47% per share during the next fiscal year.
Nerdy Inc (NYSE: NRDY) Trading Performance Indicators
Take a look at Nerdy Inc’s (NRDY) current performance indicators. Last quarter, stock had a quick ratio of 3.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach 0.00 in one year’s time.
Technical Analysis of Nerdy Inc (NRDY)
Let’s dig in a bit further. During the last 5-days, its volume was 7.04 million. That was better than the volume of 1.4 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 11.71%. Additionally, its Average True Range was 0.16.
During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 0.90%, which indicates a significant decrease from 2.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 268.69% in the past 14 days, which was higher than the 118.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6345, while its 200-day Moving Average is $2.5433. However, in the short run, Nerdy Inc’s stock first resistance to watch stands at $0.8376. Second resistance stands at $0.9253. The third major resistance level sits at $0.9806. If the price goes on to break the first support level at $0.6946, it is likely to go to the next support level at $0.6393. The third support level lies at $0.5516 if the price breaches the second support level.
Nerdy Inc (NYSE: NRDY) Key Stats
The company with the Market Capitalisation of 81.75 million has total of 175,698K Shares Outstanding. Its annual sales at the moment are 193,400 K in contrast with the sum of -40,170 K annual income. Company’s last quarter sales were recorded 53,730 K and last quarter income was -7,450 K.
