Nerdy Inc (NYSE: NRDY) kicked off on Monday, up 13.09% from the previous trading day, before settling in for the closing price of $0.95. Over the past 52 weeks, NRDY has traded in a range of $0.73-$5.13.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 17.46%. While this was happening, its average annual earnings per share was recorded -168.18%. With a float of $55.99 million, this company’s outstanding shares have now reached $106.42 million.
Considering the fact that the conglomerate employs 500 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 68.64%, operating margin of -31.89%, and the pretax margin is -28.08%.
Nerdy Inc (NRDY) Insider Activity
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 52.15%. The most recent insider transaction that took place on Aug 16 ’24, was worth 43,268. In this transaction Chief Financial Officer of this company sold 50,903 shares at a rate of $0.85, taking the stock ownership to the 2,356,200 shares. Before that another transaction happened on Jun 17 ’24, when Company’s Chief Financial Officer sold 31,586 for $1.85, making the entire transaction worth $58,434. This insider now owns 2,407,103 shares in total.
Nerdy Inc (NRDY) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.13 earnings per share (EPS), higher than consensus estimate (set at -0.21) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -168.18% 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 0.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of Nerdy Inc (NRDY)
Compared to the last year’s volume of 1.55 million, its volume of 6.15 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 26.87%. Additionally, its Average True Range was 0.16.
During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 15.27%, which indicates a significant decrease from 32.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 293.40% in the past 14 days, which was higher than the 123.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5677, while its 200-day Moving Average is $2.4896. Nevertheless, the first resistance level for the watch stands at $1.1520 in the near term. At $1.2240, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3575. If the price goes on to break the first support level at $0.9465, it is likely to go to the next support level at $0.8130. Should the price break the second support level, the third support level stands at $0.7410.
Nerdy Inc (NYSE: NRDY) Key Stats
The company with the Market Capitalisation of 117.72 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 50,980 K and last quarter income was -9,090 K.
