Nerdy Inc (NYSE: NRDY) on Friday, plunged -4.00% from the previous trading day, before settling in for the closing price of $1.75. Within the past 52 weeks, NRDY’s price has moved between $0.73 and $3.60.
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Annual sales at Technology sector company grew by 17.46% over the past five years. The company achieved an average annual earnings per share of -201.16%. With a float of $24.00 million, this company’s outstanding shares have now reached $114.97 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 and Institutional Ownership
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Nerdy Inc is 79.21%, while institutional ownership is 27.55%. The most recent insider transaction that took place on Dec 16 ’24, was worth 55,645. In this transaction Chief Financial Officer of this company sold 30,242 shares at a rate of $1.84, taking the stock ownership to the 2,225,186 shares. Before that another transaction happened on Dec 13 ’24, when Company’s Chief Executive Officer bought 3,000,000 for $1.70, making the entire transaction worth $5,100,000. This insider now owns 28,509,191 shares in total.
Nerdy Inc (NRDY) Latest Financial update
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
Nerdy Inc (NRDY) is currently performing well based on its current performance indicators. A quick ratio of 2.18 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.47.
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 1.21 million, a negative change from its year-to-date volume of 1.78 million. As of the previous 9 days, the stock’s Stochastic %D was 32.06%. Additionally, its Average True Range was 0.20.
During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 65.59%, which indicates a significant increase from 31.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.46% in the past 14 days, which was lower than the 137.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2787, while its 200-day Moving Average is $1.6478. Nevertheless, the first resistance level for the watch stands at $1.7733 in the near term. At $1.8667, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.9383. If the price goes on to break the first support level at $1.6083, it is likely to go to the next support level at $1.5367. The third support level lies at $1.4433 if the price breaches the second support level.
Nerdy Inc (NYSE: NRDY) Key Stats
Market capitalization of the company is 290.91 million based on 180,378K outstanding shares. Right now, sales total 193,400 K and income totals -40,170 K. The company made 37,530 K in profit during its latest quarter, and -15,900 K in sales during its previous quarter.
