Spotting A Winner: Nerdy Inc (NYSE: NRDY) Retreats -5.56 And It Still Have Room To Run

Nerdy Inc (NYSE:NRDY) currently has a daily average trading volume of 2.21M but it saw 2179014 shares traded in last market. With a market cap of 114.86M USD, the company’s current market price of $1.02 came falling about -5.56 while comparing to the previous closing price of $1.08. 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 $1.01 while lowest mark touched by it was $1.1.

Taking a look at 20-day trading activity of Nerdy Inc (NRDY) gives us an average price of $1.3002, while its current price level is -80.12% below from 52-week high level whereas it is 40.32% 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 $1.5345 while that of 200 days or SMA-200 reads an average of $2.4590. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.51% during that period while stretching the period over a month that decreases to 12.48%. 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 37.77 which implies that the stock is in neutral territory.

Over the week, NRDY’s stock price is moving 15.90% up while it is -39.29% when we observe its performance for the past one month. Year-to-date it is -70.26% down and over the past year, the stock is showing a downside performance of -76.33%.

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. The company is expected to be releasing its next quarterly report on 2024-Nov-05, for which analysts forecasted an EPS of -0.23 while estimate for next year EPS is -0.46. In next quarter, company is expected to be making quarterly sales of $56.97M as analysts are expecting the sales for current fiscal year at $198.25M and seeing the company making $227.75M in sales next year. Moreover, analysts are in estimates of $36.67M for current-quarter revenue.

Currently, Nerdy Inc’s total number of outstanding shares is 106.42M with 20.60% of that held by the insiders while 62.34% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -66.10% and return on equity (ROE) at -75.83%. Stock’s beta reads 1.73. Stock has a price to book (P/B) ratio of 2.19 while price to sale or P/S ratio amounts to 0.57. Its return on asset (ROA) is -29.28% on average.