Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Nerdy Inc (NYSE: NRDY) closed the day trading at $1.85 down -2.12% from the previous closing price of $1.89. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 1.13 million shares were traded. NRDY stock price reached its highest trading level at $1.87 during the session, while it also had its lowest trading level at $1.81.
Ratios:
For a better understanding of NRDY, let’s look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when Pello Jason H. sold 30,242 shares for $1.84 per share. The transaction valued at 55,645 led to the insider holds 2,225,186 shares of the business.
Cohn Charles K. bought 3,000,000 shares of NRDY for $5,100,000 on Dec 13 ’24. The Chief Executive Officer now owns 28,509,191 shares after completing the transaction at $1.70 per share. On Dec 16 ’24, another insider, Cohn Charles K., who serves as the Chief Executive Officer of the company, bought 2,000,000 shares for $1.99 each. As a result, the insider paid 3,980,000 and bolstered with 30,509,191 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:
The Beta on a monthly basis for NRDY is 1.99, which has changed by -0.42201835 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. 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 8.58%, while the 200-Day Moving Average is calculated to be 24.07%.
Shares Statistics:
Over the past 3-months, NRDY traded about 2.16M shares per day on average, while over the past 10 days, NRDY traded about 996460 shares per day. A total of 114.97M shares are outstanding, with a floating share count of 24.00M. Insiders hold about 79.21% of the company’s shares, while institutions hold 26.54% stake in the company. Shares short for NRDY as of 1738281600 were 7442610 with a Short Ratio of 3.49, compared to 1735603200 on 7089968. Therefore, it implies a Short% of Shares Outstanding of 7442610 and a Short% of Float of 8.9899994.
