Nerdy Inc (NYSE: NRDY) on Monday, soared 19.02% from the previous trading day, before settling in for the closing price of $1.63. Within the past 52 weeks, NRDY’s price has moved between $0.73 and $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. 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.
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
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 27.56%. 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) 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
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 1.77.
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 1.59 million. That was inferior than the volume of 1.94 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.62%. Additionally, its Average True Range was 0.19.
During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 83.18%, which indicates a significant increase from 63.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.96% in the past 14 days, which was higher than the 87.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3461, while its 200-day Moving Average is $1.6142. However, in the short run, Nerdy Inc’s stock first resistance to watch stands at $2.0429. Second resistance stands at $2.1457. The third major resistance level sits at $2.3215. If the price goes on to break the first support level at $1.7643, it is likely to go to the next support level at $1.5885. Assuming the price breaks the second support level, the third support level stands at $1.4857.
Nerdy Inc (NYSE: NRDY) Key Stats
Market capitalization of the company is 349.93 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.
