Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Nerdy Inc’s stock clocked out at $1.56, up 2.63% from its previous closing price of $1.52. In other words, the price has increased by $2.63 from its previous closing price. On the day, 1.81 million shares were traded.
Ratios:
To gain a deeper understanding of NRDY’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.28 and its Current Ratio is at 2.28. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.06.
Cantor Fitzgerald Downgraded its Overweight to Neutral on November 08, 2024, whereas the target price for the stock was revised from $6 to $1.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 18 ’25 when Pello Jason H. sold 81,381 shares for $1.80 per share. The transaction valued at 146,486 led to the insider holds 2,143,805 shares of the business.
Swenson Christopher C. sold 58,220 shares of NRDY for $104,796 on Feb 18 ’25. The Chief Legal Officer now owns 1,685,028 shares after completing the transaction at $1.80 per share. On Dec 16 ’24, another insider, Pello Jason H., who serves as the Chief Financial Officer of the company, sold 30,242 shares for $1.84 each. As a result, the insider received 55,645 and left with 2,225,186 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 4.65.
Stock Price History:
Over the past 52 weeks, NRDY has reached a high of $3.28, while it has fallen to a 52-week low of $0.73. The 50-Day Moving Average of the stock is -10.19%, while the 200-Day Moving Average is calculated to be 8.40%.
Shares Statistics:
A total of 117.70M shares are outstanding, with a floating share count of 32.20M. Insiders hold about 72.10% of the company’s shares, while institutions hold 21.25% stake in the company.
