Nerdy Inc (NRDY) Moving Averages: Key Indicators for Technical Analysis.

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.

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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 2.46 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.

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 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.

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 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.

Shares Statistics:

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%.

Earnings Estimates

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.

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