Nerdy Inc (NYSE: NRDY) kicked off on Tuesday, up 3.66% from the previous trading day, before settling in for the closing price of $1.64. Over the past 52 weeks, NRDY has traded in a range of $0.73-$3.60.
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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. While this was happening, its average annual earnings per share was recorded -201.16%. With a float of $29.27 million, this company’s outstanding shares have now reached $114.97 million.
In an organization with 500 employees, it is important to assess its efficiency. 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 74.64%, while institutional ownership is 27.56%. The most recent insider transaction that took place on Dec 06 ’24, was worth 266,010. In this transaction Chief Executive Officer of this company bought 168,361 shares at a rate of $1.58, taking the stock ownership to the 13,194,231 shares. Before that another transaction happened on Dec 05 ’24, when Company’s Chief Executive Officer bought 426,758 for $1.54, making the entire transaction worth $657,207. This insider now owns 25,509,191 shares in total.
Nerdy Inc (NRDY) Performance Highlights and Predictions
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 1.55.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 3.45 million. That was better than the volume of 1.72 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.48%. Additionally, its Average True Range was 0.17.
During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 76.44%, which indicates a significant increase from 65.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.77% in the past 14 days, which was lower than the 135.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1116, while its 200-day Moving Average is $1.7144. However, in the short run, Nerdy Inc’s stock first resistance to watch stands at $1.9117. Second resistance stands at $2.1233. The third major resistance level sits at $2.2467. If the price goes on to break the first support level at $1.5767, it is likely to go to the next support level at $1.4533. Assuming the price breaks the second support level, the third support level stands at $1.2417.
Nerdy Inc (NYSE: NRDY) Key Stats
The company with the Market Capitalisation of 306.63 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.
