For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Nerdy Inc (NYSE: NRDY) was $1.56 for the day, up 1.96% from the previous closing price of $1.53. In other words, the price has increased by $1.96 from its previous closing price. On the day, 0.75 million shares were traded. NRDY stock price reached its highest trading level at $1.6 during the session, while it also had its lowest trading level at $1.52.
Ratios:
Our analysis of NRDY’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 235751888 and an Enterprise Value of 139549376. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 4.14. Its current Enterprise Value per Revenue stands at 0.707 whereas that against EBITDA is -2.166.
Stock Price History:
The Beta on a monthly basis for NRDY is 1.98, which has changed by -0.51118207 over the last 52 weeks, in comparison to a change of 0.23147523 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 10.27%, while the 200-Day Moving Average is calculated to be -1.27%.
Shares Statistics:
NRDY traded an average of 2.21M shares per day over the past three months and 1462180 shares per day over the past ten days. 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 27.56% stake in the company. Shares short for NRDY as of 1735603200 were 7089968 with a Short Ratio of 3.21, compared to 1732838400 on 5670336. Therefore, it implies a Short% of Shares Outstanding of 7089968 and a Short% of Float of 8.559999999999999.
