Nerdy Inc (NYSE: NRDY) kicked off on Friday, up 6.06% from the previous trading day, before settling in for the closing price of $1.32. 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 -201.16%. With a float of $39.69 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 68.22%, operating margin of -32.42%, and the pretax margin is -30.66%.
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 63.64%, while institutional ownership is 27.54%. The most recent insider transaction that took place on Nov 20 ’24, was worth 917,992. In this transaction Chief Executive Officer of this company bought 746,335 shares at a rate of $1.23, taking the stock ownership to the 24,223,884 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Chief Legal Officer sold 35,000 for $1.24, making the entire transaction worth $43,400. This insider now owns 1,768,248 shares in total.
Nerdy Inc (NRDY) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.02 earnings per share (EPS), higher than consensus estimate (set at -0.01) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -201.16% 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 2.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.35, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.14 in one year’s time.
Technical Analysis of Nerdy Inc (NRDY)
Nerdy Inc (NYSE: NRDY) saw its 5-day average volume 3.35 million, a positive change from its year-to-date volume of 1.66 million. As of the previous 9 days, the stock’s Stochastic %D was 93.36%. Additionally, its Average True Range was 0.11.
During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 59.40%, which indicates a significant decrease from 91.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 123.69% in the past 14 days, which was lower than the 134.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9944, while its 200-day Moving Average is $1.8063. Nevertheless, the first resistance level for the watch stands at $1.4667 in the near term. At $1.5333, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.6067. If the price goes on to break the first support level at $1.3267, it is likely to go to the next support level at $1.2533. Assuming the price breaks the second support level, the third support level stands at $1.1867.
Nerdy Inc (NYSE: NRDY) Key Stats
The company with the Market Capitalisation of 267.82 million has total of 180,378K 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 37,530 K and last quarter income was -15,900 K.
