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The price of Nerdy Inc (NYSE: NRDY) closed at $1.49 in the last session, down -2.61% from day before closing price of $1.53. In other words, the price has decreased by -$2.61 from its previous closing price. On the day, 1.6 million shares were traded. NRDY stock price reached its highest trading level at $1.58 during the session, while it also had its lowest trading level at $1.44.
Ratios:
We take a closer look at NRDY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 2.18. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 29 ’24 when Cohn Charles K. bought 39,629 shares for $1.51 per share. The transaction valued at 59,840 led to the insider holds 550,333 shares of the business.
Cohn Charles K. bought 300,000 shares of NRDY for $432,000 on Nov 25 ’24. The Chief Executive Officer now owns 25,082,433 shares after completing the transaction at $1.44 per share. On Nov 22 ’24, another insider, Cohn Charles K., who serves as the Chief Executive Officer of the company, bought 421,796 shares for $1.40 each. As a result, the insider paid 590,514 and bolstered with 24,782,433 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, NRDY now has a Market Capitalization of 225173280 and an Enterprise Value of 131469168. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.36 while its Price-to-Book (P/B) ratio in mrq is 3.95. Its current Enterprise Value per Revenue stands at 0.666 whereas that against EBITDA is -2.04.
Stock Price History:
Over the past 52 weeks, NRDY has reached a high of $3.60, while it has fallen to a 52-week low of $0.73. The 50-Day Moving Average of the stock is 42.23%, while the 200-Day Moving Average is calculated to be -14.85%.
Shares Statistics:
According to the various share statistics, NRDY traded on average about 1.91M shares per day over the past 3-months and 2931100 shares per day over the past 10 days. A total of 114.97M shares are outstanding, with a floating share count of 39.80M. Insiders hold about 65.52% of the company’s shares, while institutions hold 27.56% stake in the company. Shares short for NRDY as of 1731628800 were 4753579 with a Short Ratio of 2.49, compared to 1728950400 on 6181375. Therefore, it implies a Short% of Shares Outstanding of 4753579 and a Short% of Float of 5.74.