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The price of Nerdy Inc (NYSE: NRDY) closed at $1.70 in the last session, up 3.66% from day before closing price of $1.64. In other words, the price has increased by $3.66 from its previous closing price. On the day, 5.28 million shares were traded. NRDY stock price reached its highest trading level at $2.0 during the session, while it also had its lowest trading level at $1.665.
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 Dec 06 ’24 when Cohn Charles K. bought 168,361 shares for $1.58 per share. The transaction valued at 266,010 led to the insider holds 13,194,231 shares of the business.
Cohn Charles K. bought 426,758 shares of NRDY for $657,207 on Dec 05 ’24. The Chief Executive Officer now owns 25,509,191 shares after completing the transaction at $1.54 per share. On Dec 05 ’24, another insider, Blunt Abigail, who serves as the Director of the company, bought 33,055 shares for $1.47 each. As a result, the insider paid 48,591 and bolstered with 174,100 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 247841296 and an Enterprise Value of 155709808. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 4.51. Its current Enterprise Value per Revenue stands at 0.789 whereas that against EBITDA is -2.417.
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 52.94%, while the 200-Day Moving Average is calculated to be -0.84%.
Shares Statistics:
According to the various share statistics, NRDY traded on average about 1.98M shares per day over the past 3-months and 2617250 shares per day over the past 10 days. A total of 114.97M shares are outstanding, with a floating share count of 29.27M. Insiders hold about 74.64% 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 2.40, compared to 1730332800 on 5373899. Therefore, it implies a Short% of Shares Outstanding of 5670336 and a Short% of Float of 6.8500000000000005.
