Market Insights: Nerdy Inc (NRDY)’s Notable Drop of -2.63, Closing at 1.85

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As of close of business last night, Nerdy Inc’s stock clocked out at $1.85, down -2.63% from its previous closing price of $1.90. In other words, the price has decreased by -$2.63 from its previous closing price. On the day, 2.37 million shares were traded. NRDY stock price reached its highest trading level at $2.18 during the session, while it also had its lowest trading level at $1.8216.

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 2.18 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:

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 Dec 13 ’24 when Cohn Charles K. bought 3,000,000 shares for $1.70 per share. The transaction valued at 5,100,000 led to the insider holds 28,509,191 shares of the business.

Cohn Charles K. bought 2,000,000 shares of NRDY for $3,980,000 on Dec 16 ’24. The Chief Executive Officer now owns 30,509,191 shares after completing the transaction at $1.99 per share. On Dec 13 ’24, another insider, Swenson Christopher C., who serves as the Chief Legal Officer of the company, sold 25,000 shares for $1.49 each. As a result, the insider received 37,250 and left with 1,743,248 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 279577568 and an Enterprise Value of 173024560. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 4.91. Its current Enterprise Value per Revenue stands at 0.877 whereas that against EBITDA is -2.685.

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 56.34%, while the 200-Day Moving Average is calculated to be 9.67%.

Shares Statistics:

It appears that NRDY traded 2.14M shares on average per day over the past three months and 4153590 shares per day over the past ten days. A total of 114.97M shares are outstanding, with a floating share count of 30.45M. Insiders hold about 73.62% of the company’s shares, while institutions hold 27.56% stake in the company. Shares short for NRDY as of 1732838400 were 5670336 with a Short Ratio of 2.65, compared to 1730332800 on 5373899. Therefore, it implies a Short% of Shares Outstanding of 5670336 and a Short% of Float of 6.8500000000000005.

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