Recent developments with Nerdwallet Inc (NRDS) have led to the company’s beta value being reach 1.43 cents.

On Friday, Nerdwallet Inc (NASDAQ: NRDS) opened lower -3.33% from the last session, before settling in for the closing price of $12.60. Price fluctuations for NRDS have ranged from $6.38 to $17.30 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 28.85%. Company’s average yearly earnings per share was noted 106.67% at the time writing. With a float of $37.84 million, this company’s outstanding shares have now reached $45.25 million.

The extent of productivity of a business whose workforce counts for 730 workers is very important to gauge. In terms of profitability, gross margin is 90.62%, operating margin of 0.67%, and the pretax margin is 1.09%.

Nerdwallet Inc (NRDS) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Nerdwallet Inc is 51.93%, while institutional ownership is 36.86%. The most recent insider transaction that took place on Aug 19 ’24, was worth 60,050. In this transaction VP, General Manager of this company sold 5,000 shares at a rate of $12.01, taking the stock ownership to the 2,329,471 shares. Before that another transaction happened on Jul 03 ’24, when Company’s VP, General Manager sold 7,500 for $15.04, making the entire transaction worth $112,800. This insider now owns 2,334,471 shares in total.

Nerdwallet Inc (NRDS) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 106.67% per share during the next fiscal year.

Nerdwallet Inc (NASDAQ: NRDS) Trading Performance Indicators

Check out the current performance indicators for Nerdwallet Inc (NRDS). In the past quarter, the stock posted a quick ratio of 4.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.60. Likewise, its price to free cash flow for the trailing twelve months is 13.08.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.32 in one year’s time.

Technical Analysis of Nerdwallet Inc (NRDS)

The latest stats from [Nerdwallet Inc, NRDS] show that its last 5-days average volume of 0.53 million was superior to 0.37 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 60.01%. Additionally, its Average True Range was 0.48.

During the past 100 days, Nerdwallet Inc’s (NRDS) raw stochastic average was set at 33.60%, which indicates a significant decrease from 33.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.37% in the past 14 days, which was lower than the 53.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.45, while its 200-day Moving Average is $14.08. Now, the first resistance to watch is $12.52. This is followed by the second major resistance level at $12.86. The third major resistance level sits at $13.03. If the price goes on to break the first support level at $12.01, it is likely to go to the next support level at $11.84. The third support level lies at $11.50 if the price breaches the second support level.

Nerdwallet Inc (NASDAQ: NRDS) Key Stats

There are currently 77,738K shares outstanding in the company with a market cap of 958.69 million. Presently, the company’s annual sales total 599,400 K according to its annual income of -11,800 K. Last quarter, the company’s sales amounted to 150,600 K and its income totaled -9,400 K.