Nerdy Inc (NYSE:NRDY) currently has a daily average trading volume of 1.38M but it saw 1888275 shares traded in last market. With a market cap of 173.31M USD, the company’s current market price of $1.59 came rising about 8.16 while comparing to the previous closing price of $1.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.25 and as low as $1.47. In the recent trading on the day, stock has struck highest price mark of $1.47 while lowest mark touched by it was $1.6.
Taking a look at 20-day trading activity of Nerdy Inc (NRDY) gives us an average price of $1.6945, while its current price level is -69.71% below from 52-week high level whereas it is 8.16% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.6710 while that of 200 days or SMA-200 reads an average of $2.5671. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.66% during that period while stretching the period over a month that decreases to 7.28%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.49 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which resumed the stock as “Overweight” in its note to investors issued on March 11, 2024, recommending a price target of $5 for it. Raymond James also issued its recommendations for the stock as it resumed the price target for the stock is $5.50.
Over the week, NRDY’s stock price is moving -4.79% down while it is 2.58% when we observe its performance for the past one month. Year-to-date it is -53.64% down and over the past year, the stock is showing a downside performance of -68.95%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.13 beat the consensus estimate of -0.21 for the same. In next quarter, company is expected to be making quarterly sales of $83.23M as analysts are expecting the sales for current fiscal year at $237.57M and seeing the company making $290.65M in sales next year. Moreover, analysts are in estimates of $49.36M for current-quarter revenue.
Currently, Nerdy Inc’s total number of outstanding shares is 106.42M with 21.36% of that held by the insiders while 64.19% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -54.32% and return on equity (ROE) at -65.05%. It has a 11.91 of forward P/E ratio. Stock’s beta reads 1.76. Stock has a price to book (P/B) ratio of 3.28 while price to sale or P/S ratio amounts to 0.88. Its return on asset (ROA) is -22.69% on average.
