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The price of Nerdwallet Inc (NASDAQ: NRDS) closed at $11.02 in the last session, down -9.08% from day before closing price of $12.12. In other words, the price has decreased by -$9.08 from its previous closing price. On the day, 1.09 million shares were traded. NRDS stock price reached its highest trading level at $12.16 during the session, while it also had its lowest trading level at $10.98.
Ratios:
We take a closer look at NRDS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.83. For the most recent quarter (mrq), Quick Ratio is recorded 4.27 and its Current Ratio is at 4.27. 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:
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 Aug 19 ’24 when YOUNT SAMUEL sold 5,000 shares for $12.01 per share. The transaction valued at 60,050 led to the insider holds 2,329,471 shares of the business.
YOUNT SAMUEL sold 7,500 shares of NRDS for $112,800 on Jul 03 ’24. The VP, General Manager now owns 2,334,471 shares after completing the transaction at $15.04 per share. On Jul 02 ’24, another insider, YOUNT SAMUEL, who serves as the VP, General Manager of the company, sold 5,000 shares for $14.66 each. As a result, the insider received 73,300 and left with 2,341,971 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 867353408 and an Enterprise Value of 847931584. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 1.416 whereas that against EBITDA is 40.378.
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 -10.94%, while the 200-Day Moving Average is calculated to be -21.09%.
Shares Statistics:
According to the various share statistics, NRDS traded on average about 571.57K shares per day over the past 3-months and 453230 shares per day over the past 10 days. A total of 45.25M shares are outstanding, with a floating share count of 38.06M. Insiders hold about 51.65% of the company’s shares, while institutions hold 36.69% stake in the company. Shares short for NRDS as of 1727654400 were 3556185 with a Short Ratio of 6.22, compared to 1724976000 on 1677572. Therefore, it implies a Short% of Shares Outstanding of 3556185 and a Short% of Float of 9.1000006.
