Nerdy Inc (NYSE:NRDY) currently has a daily average trading volume of 720.79K but it saw 809424 shares traded in last market. With a market cap of 325.97M USD, the company’s current market price of $1.77 came rising about 5.99 while comparing to the previous closing price of $1.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.18 and as low as $0.73.
Cantor Fitzgerald also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $6 and $1.
Over the week, NRDY’s stock price is moving 14.19% up while it is 8.59% when we observe its performance for the past one month. Year-to-date it is 9.26% up and over the past year, the stock is showing a downside performance of -2.21%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.05 while estimate for next year EPS is -0.17. In next quarter, company is expected to be making quarterly sales of $43.45M as analysts are expecting the sales for current fiscal year at $195.04M and seeing the company making $215.4M in sales next year. Moreover, analysts are in estimates of $46.59M for current-quarter revenue.
Currently, Nerdy Inc’s total number of outstanding shares is 119.36M with 47.76% of that held by the insiders while 23.41% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -132.79% and return on equity (ROE) at -104.69%. It has a 70.77 of forward P/E ratio. Stock’s beta reads 1.93. Stock has a price to book (P/B) ratio of 6.15 while price to sale or P/S ratio amounts to 1.77. Its return on asset (ROA) is -44.66% on average.
