Nerdy Inc (NYSE: NRDY) On Tuesday, plunged -9.16% from the previous trading day, before settling in for the closing price of $1.08. Within the past 52 weeks, NRDY’s price has moved between $0.73 and $4.91.
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Annual sales at Technology sector company grew by 17.46% over the past five years. The company achieved an average annual earnings per share of -168.18%. With a float of $46.48 million, this company’s outstanding shares have now reached $106.42 million.
Let’s look at the performance matrix of the company that is accounted for 500 employees. 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 Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Nerdy Inc is 58.72%, while institutional ownership is 50.30%. The most recent insider transaction that took place on Aug 19 ’24, was worth 2,235,400. In this transaction Chief Executive Officer of this company bought 2,170,291 shares at a rate of $1.03, taking the stock ownership to the 13,025,870 shares. Before that another transaction happened on Aug 16 ’24, when Company’s Chief Executive Officer bought 10,993,192 for $0.89, making the entire transaction worth $9,733,805. This insider now owns 13,110,718 shares in total.
Nerdy Inc (NRDY) Performance Highlights and Predictions
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
Nerdy Inc (NRDY) is currently performing well based on its current performance indicators. A quick ratio of 3.21 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.55.
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)
Nerdy Inc (NYSE: NRDY) saw its 5-day average volume 1.54 million, a negative change from its year-to-date volume of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 28.82%. Additionally, its Average True Range was 0.12.
During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 12.06%, which indicates a significant decrease from 42.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.47% in the past 14 days, which was lower than the 126.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4335, while its 200-day Moving Average is $2.4018. Nevertheless, the first resistance level for the watch stands at $1.0551 in the near term. At $1.1290, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.1681. If the price goes on to break the first support level at $0.9421, it is likely to go to the next support level at $0.9030. Assuming the price breaks the second support level, the third support level stands at $0.8291.
Nerdy Inc (NYSE: NRDY) Key Stats
Market capitalization of the company is 110.48 million based on 175,698K outstanding shares. Right now, sales total 193,400 K and income totals -40,170 K. The company made 50,980 K in profit during its latest quarter, and -9,090 K in sales during its previous quarter.
