The price of Nerdy Inc (NYSE: NRDY) closed at $2.52 in the last session, up 2.44% from day before closing price of $2.46. In other words, the price has increased by $+0.0600 from its previous closing price. On the day, 735475 shares were traded. NRDY stock price reached its highest trading level at $2.5500 during the session, while it also had its lowest trading level at $2.4200.
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 2.46 and its Current Ratio is at 2.46. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 Sep 25 when Swenson Christopher C. sold 30,000 shares for $3.24 per share. The transaction valued at 97,200 led to the insider holds 1,287,176 shares of the business.
Pello Jason H. sold 31,735 shares of NRDY for $116,785 on Sep 18. The Chief Financial Officer now owns 1,602,460 shares after completing the transaction at $3.68 per share. On Sep 05, another insider, Cohn Charles K., who serves as the Chief Executive Officer of the company, bought 10,327 shares for $4.85 each. As a result, the insider paid 50,086 and bolstered with 10,787,588 shares of the company.
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 263.13M and an Enterprise Value of 173.94M. 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 5.23. Its current Enterprise Value per Revenue stands at 0.97 whereas that against EBITDA is -2.85.
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 $1.86. The 50-Day Moving Average of the stock is 3.3208, while the 200-Day Moving Average is calculated to be 3.6747.
According to the various share statistics, NRDY traded on average about 817.85K shares per day over the past 3-months and 1.65M shares per day over the past 10 days. A total of 95.30M shares are outstanding, with a floating share count of 65.02M. Insiders hold about 37.96% of the company’s shares, while institutions hold 49.72% stake in the company. Shares short for NRDY as of Oct 30, 2023 were 4.02M with a Short Ratio of 4.02M, compared to 2.62M on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.85% and a Short% of Float of 5.60%.
The company has Tidal ETF Trust II YieldMax NVD analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $2.52, with high estimates of $11.08 and low estimates of $66.88.