In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of Nerdy Inc (NYSE: NRDY) closed at $2.63 in the last session, up 2.33% from day before closing price of $2.57. In other words, the price has increased by $2.33 from its previous closing price. On the day, 0.82 million shares were traded. NRDY stock price reached its highest trading level at $2.65 during the session, while it also had its lowest trading level at $2.565.
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 2.67 and its Current Ratio is at 2.67. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.06.
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 Apr 22 ’24 when Swenson Christopher C. sold 30,000 shares for $2.53 per share. The transaction valued at 75,900 led to the insider holds 1,203,248 shares of the business.
Pello Jason H. sold 29,195 shares of NRDY for $89,337 on Mar 25 ’24. The Chief Financial Officer now owns 1,476,049 shares after completing the transaction at $3.06 per share. On Mar 18 ’24, another insider, Swenson Christopher C., who serves as the Chief Legal Officer of the company, sold 25,000 shares for $2.96 each. As a result, the insider received 74,000 and left with 1,233,248 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 456870496 and an Enterprise Value of 244524112. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 5.33. Its current Enterprise Value per Revenue stands at 1.264 whereas that against EBITDA is -4.53.
Stock Price History:
Over the past 52 weeks, NRDY has reached a high of $5.37, while it has fallen to a 52-week low of $2.31. The 50-Day Moving Average of the stock is -9.30%, while the 200-Day Moving Average is calculated to be -23.12%.
Shares Statistics:
According to the various share statistics, NRDY traded on average about 1.15M shares per day over the past 3-months and 760120 shares per day over the past 10 days. A total of 106.42M shares are outstanding, with a floating share count of 59.61M. Insiders hold about 44.32% of the company’s shares, while institutions hold 50.00% stake in the company. Shares short for NRDY as of 1711584000 were 3381495 with a Short Ratio of 2.93, compared to 1709164800 on 3844335. Therefore, it implies a Short% of Shares Outstanding of 3381495 and a Short% of Float of 4.54.
