A new trading day began on Friday, with Nerdy Inc (NYSE: NRDY) stock price up 8.75% from the previous day of trading, before settling in for the closing price of $1.60. NRDY’s price has ranged from $0.73 to $3.60 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 17.46%. Meanwhile, its annual earnings per share averaged -201.16%. With a float of $30.45 million, this company’s outstanding shares have now reached $114.97 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Nerdy Inc is 73.36%, while institutional ownership is 27.56%. The most recent insider transaction that took place on Dec 13 ’24, was worth 37,298. Before that another transaction happened on Dec 09 ’24, when Company’s Chief Executive Officer bought 300,000 for $1.78, making the entire transaction worth $534,000. This insider now owns 700,333 shares in total.
Nerdy Inc (NRDY) Earnings and Forecasts
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
Here are Nerdy Inc’s current performance indicators. According to the last quarter’s results, the 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 1.73.
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)
Looking closely at Nerdy Inc (NYSE: NRDY), its last 5-days average volume was 4.73 million, which is a jump from its year-to-date volume of 1.76 million. As of the previous 9 days, the stock’s Stochastic %D was 42.08%. Additionally, its Average True Range was 0.19.
During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 79.58%, which indicates a significant increase from 60.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.67% in the past 14 days, which was lower than the 135.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1499, while its 200-day Moving Average is $1.6969. However, in the short run, Nerdy Inc’s stock first resistance to watch stands at $1.8750. Second resistance stands at $2.0100. The third major resistance level sits at $2.2200. If the price goes on to break the first support level at $1.5300, it is likely to go to the next support level at $1.3200. Should the price break the second support level, the third support level stands at $1.1850.
Nerdy Inc (NYSE: NRDY) Key Stats
With a market capitalization of 341.31 million, the company has a total of 180,378K Shares Outstanding. Currently, annual sales are 193,400 K while annual income is -40,170 K. The company’s previous quarter sales were 37,530 K while its latest quarter income was -15,900 K.
