A new trading day began on Tuesday, with Nerdy Inc (NYSE: NRDY) stock price up 6.82% from the previous day of trading, before settling in for the closing price of $1.76. NRDY’s price has ranged from $0.73 to $3.60 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 17.46%. Meanwhile, its annual earnings per share averaged -201.16%. With a float of $24.00 million, this company’s outstanding shares have now reached $114.97 million.
Considering the fact that the conglomerate employs 500 people, you should pay attention to its efficiency factor. 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 79.21%, while institutional ownership is 27.19%. 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) Earnings and Forecasts
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
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 1.72.
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)
Compared to the last year’s volume of 1.41 million, its volume of 1.33 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 76.87%. Additionally, its Average True Range was 0.16.
During the past 100 days, Nerdy Inc’s (NRDY) raw stochastic average was set at 78.98%, which indicates a significant decrease from 87.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.78% in the past 14 days, which was lower than the 84.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5645, while its 200-day Moving Average is $1.5287. Nevertheless, the first resistance level for the watch stands at $1.9700 in the near term. At $2.0600, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.2000. If the price goes on to break the first support level at $1.7400, it is likely to go to the next support level at $1.6000. Should the price break the second support level, the third support level stands at $1.5100.
Nerdy Inc (NYSE: NRDY) Key Stats
With a market capitalization of 339.11 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.
