Nerdy Inc. (NYSE: NRDY)’s stock price has gone rise by 3.53 in comparison to its previous close of 3.12, however, the company has experienced a -6.38% decrease in its stock price over the last five trading days.
Is It Worth Investing in Nerdy Inc. (NYSE: NRDY) Right Now?
There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for NRDY is $5.14, which is $1.55 above than the current price. The public float for NRDY is 71.14M, and at present, short sellers hold a 5.85% of that float. The average trading volume of NRDY on May 25, 2023 was 899.75K shares.
NRDY’s Market Performance
NRDY stock saw a decrease of -6.38% in the past week, with a monthly decline of -14.32% and a quarterly a decrease of 24.23%. The volatility ratio for the week is 6.31%, and the volatility levels for the last 30 days are 9.05% for Nerdy Inc. (NRDY). The simple moving average for the past 20 days is -2.75% for NRDY’s stock, with a 13.75% simple moving average for the past 200 days.
NRDY Trading at -11.54% from the 50-Day Moving Average
After a stumble in the market that brought NRDY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.25% of loss for the given period.
Volatility was left at 9.05%, however, over the last 30 days, the volatility rate increased by 6.31%, as shares sank -17.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.87% lower at present.
During the last 5 trading sessions, NRDY fell by -6.38%, which changed the moving average for the period of 200-days by +10.24% in comparison to the 20-day moving average, which settled at $3.29. In addition, Nerdy Inc. saw 43.56% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at NRDY starting from Pello Jason H., who sale 34,250 shares at the price of $3.31 back on May 16. After this action, Pello Jason H. now owns 859,934 shares of Nerdy Inc., valued at $113,368 using the latest closing price.
Pello Jason H., the Chief Financial Officer of Nerdy Inc., sale 75,000 shares at $3.15 during a trade that took place back on Mar 13, which means that Pello Jason H. is holding 894,184 shares at $236,250 based on the most recent closing price.
Stock Fundamentals for NRDY
Equity return is now at value -79.10, with -26.90 for asset returns.
In summary, Nerdy Inc. (NRDY) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.