Let’s look at the key reasons that are pushing Nerdy Inc (NRDY) to new highs

On Tuesday, Nerdy Inc (NYSE: NRDY) was -0.94% drop from the session before settling in for the closing price of $0.94. A 52-week range for NRDY has been $0.73 – $3.60.

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Technology Sector giant saw their annual sales surged by 17.46% over the last five years. When this article was written, the company’s average yearly earnings per share was at -168.18%. With a float of $47.52 million, this company’s outstanding shares have now reached $106.42 million.

The firm has a total of 500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 68.64%, operating margin of -31.89%, and the pretax margin is -28.08%.

Nerdy Inc (NRDY) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Nerdy Inc stocks. 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) Recent Fiscal highlights

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

You can see what Nerdy Inc (NRDY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52.

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)

Analysing the last 5-days average volume posted by the [Nerdy Inc, NRDY], we can find that recorded value of 1.04 million was lower than the volume posted last year of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 11.88%. Additionally, its Average True Range was 0.06.

During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 15.47%, which indicates a significant increase from 4.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.18% in the past 14 days, which was lower than the 126.77% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.0022, while its 200-day Moving Average is $2.0038. Now, the first resistance to watch is $0.9472. This is followed by the second major resistance level at $0.9645. The third major resistance level sits at $0.9763. If the price goes on to break the first support level at $0.9181, it is likely to go to the next support level at $0.9063. Now, if the price goes above the second support level, the third support stands at $0.8890.

Nerdy Inc (NYSE: NRDY) Key Stats

There are 178,046K outstanding shares of the company, which has a market capitalization of 104.73 million. As of now, sales total 193,400 K while income totals -40,170 K. Its latest quarter income was 50,980 K while its last quarter net income were -9,090 K.