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After finishing at $15.85 in the prior trading day, Nerdwallet Inc (NASDAQ: NRDS) closed at $14.63, down -7.70%. In other words, the price has decreased by -$7.70 from its previous closing price. On the day, 1.17 million shares were traded. NRDS stock price reached its highest trading level at $15.6 during the session, while it also had its lowest trading level at $13.965.
Ratios:
Our goal is to gain a better understanding of NRDS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.26. For the most recent quarter (mrq), Quick Ratio is recorded 4.17 and its Current Ratio is at 4.17. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on May 03, 2023, Downgraded its rating to Neutral and sets its target price to $14 from $15 previously.
On November 29, 2021, Truist started tracking the stock assigning a Buy rating and target price of $30.Truist initiated its Buy rating on November 29, 2021, with a $30 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 03 ’24 when YOUNT SAMUEL sold 7,500 shares for $15.04 per share. The transaction valued at 112,800 led to the insider holds 2,334,471 shares of the business.
YOUNT SAMUEL sold 5,000 shares of NRDS for $73,300 on Jul 02 ’24. The VP, General Manager now owns 2,341,971 shares after completing the transaction at $14.66 per share. On May 24 ’24, another insider, Ceran Jennifer, who serves as the Director of the company, sold 5,897 shares for $13.70 each. As a result, the insider received 80,789 and left with 36,099 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NRDS now has a Market Capitalization of 1145198336 and an Enterprise Value of 1129845760. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 4.23. Its current Enterprise Value per Revenue stands at 1.909 whereas that against EBITDA is 40.789.
Stock Price History:
Over the past 52 weeks, NRDS has reached a high of $17.30, while it has fallen to a 52-week low of $6.38. The 50-Day Moving Average of the stock is 1.93%, while the 200-Day Moving Average is calculated to be 6.33%.
Shares Statistics:
The stock has traded on average 275.14K shares per day over the past 3-months and 396430 shares per day over the last 10 days, according to various share statistics. A total of 45.25M shares are outstanding, with a floating share count of 37.05M. Insiders hold about 52.34% of the company’s shares, while institutions hold 33.14% stake in the company. Shares short for NRDS as of 1721001600 were 1820126 with a Short Ratio of 6.62, compared to 1718323200 on 1924808. Therefore, it implies a Short% of Shares Outstanding of 1820126 and a Short% of Float of 4.77.
