Nerdy Inc (NYSE: NRDY) kicked off on Friday, down -1.90% from the previous trading day, before settling in for the closing price of $1.05. Over the past 52 weeks, NRDY has traded in a range of $0.73-$3.60.
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Annual sales at Technology sector company grew by 17.46% over the past five years. While this was happening, its average annual earnings per share was recorded -168.18%. With a float of $47.52 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
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 57.80%, while institutional ownership is 50.17%. The most recent insider transaction that took place on Sep 16 ’24, was worth 29,979. In this transaction Chief Financial Officer of this company sold 30,282 shares at a rate of $0.99, taking the stock ownership to the 2,325,918 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Director bought 51,000 for $0.91, making the entire transaction worth $46,410. This insider now owns 101,045 shares in total.
Nerdy Inc (NRDY) Performance Highlights and Predictions
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 -0.1 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 0.58.
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 0.7 million, a negative change from its year-to-date volume of 1.61 million. As of the previous 9 days, the stock’s Stochastic %D was 78.79%. Additionally, its Average True Range was 0.06.
During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 23.08%, which indicates a significant decrease from 72.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.08% in the past 14 days, which was lower than the 127.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9915, while its 200-day Moving Average is $2.0814. Nevertheless, the first resistance level for the watch stands at $1.0467 in the near term. At $1.0633, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.0767. If the price goes on to break the first support level at $1.0167, it is likely to go to the next support level at $1.0033. Assuming the price breaks the second support level, the third support level stands at $0.9867.
Nerdy Inc (NYSE: NRDY) Key Stats
The company with the Market Capitalisation of 115.99 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.
