Nerdy Inc (NRDY) Down -82.84% From Its 52-Week High, But Growth Potential Is Changing Over Time

Nerdy Inc (NYSE:NRDY) currently has a daily average trading volume of 1.98M but it saw 4321498 shares traded in last market. With a market cap of 95.93M USD, the company’s current market price of $0.88 came rising about 3.16 while comparing to the previous closing price of $0.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.13 and as low as $0.73. In the recent trading on the day, stock has struck highest price mark of $0.83 while lowest mark touched by it was $0.9211.

Taking a look at 20-day trading activity of Nerdy Inc (NRDY) gives us an average price of $1.4690, while its current price level is -82.84% below from 52-week high level whereas it is 21.08% 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 $1.5896 while that of 200 days or SMA-200 reads an average of $2.5103. A closer look into the stock’s movement over the week reveals that its volatility is standing at 21.42% during that period while stretching the period over a month that decreases to 10.69%. 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 28.85 which implies that the stock is in oversold territory.

Over the week, NRDY’s stock price is moving -44.65% down while it is -51.91% when we observe its performance for the past one month. Year-to-date it is -74.34% down and over the past year, the stock is showing a downside performance of -80.04%.

Currently, Nerdy Inc’s total number of outstanding shares is 106.42M. Company’s return on investment (ROI) stands at -66.10% and return on equity (ROE) at -75.83%. Stock’s beta reads 1.86. Stock has a price to book (P/B) ratio of 1.89 while price to sale or P/S ratio amounts to 0.48. Its return on asset (ROA) is -29.28% on average.