On Friday, Nerdy Inc (NYSE: NRDY) opened lower -7.19% from the last session, before settling in for the closing price of $0.90. Price fluctuations for NRDY have ranged from $0.73 to $3.60 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 17.46% annually for the last half of the decade. Company’s average yearly earnings per share was noted -168.18% at the time writing. With a float of $47.52 million, this company’s outstanding shares have now reached $106.42 million.
In an organization with 500 employees, it is important to assess its efficiency. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Nerdy Inc is 57.80%, while institutional ownership is 50.21%. 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) Latest Financial update
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
Check out the current performance indicators for Nerdy Inc (NRDY). In the past 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 0.69.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.2 million. That was inferior than the volume of 1.59 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 14.45%. Additionally, its Average True Range was 0.06.
During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 8.54%, which indicates a significant decrease from 16.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.68% in the past 14 days, which was lower than the 125.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9929, while its 200-day Moving Average is $1.9700. However, in the short run, Nerdy Inc’s stock first resistance to watch stands at $0.9185. Second resistance stands at $0.9981. The third major resistance level sits at $1.0603. If the price goes on to break the first support level at $0.7767, it is likely to go to the next support level at $0.7145. The third support level lies at $0.6349 if the price breaches the second support level.
Nerdy Inc (NYSE: NRDY) Key Stats
There are currently 178,046K shares outstanding in the company with a market cap of 138.64 million. Presently, the company’s annual sales total 193,400 K according to its annual income of -40,170 K. Last quarter, the company’s sales amounted to 50,980 K and its income totaled -9,090 K.
