The stock of Nerdy Inc (NRDY) has seen a 7.19% increase in the past week, with a 84.27% gain in the past month, and a 78.71% flourish in the past quarter. The volatility ratio for the week is 12.99%, and the volatility levels for the past 30 days are at 13.65% for NRDY. The simple moving average for the past 20 days is 27.10% for NRDY’s stock, with a -4.71% simple moving average for the past 200 days.
Is It Worth Investing in Nerdy Inc (NYSE: NRDY) Right Now?
Company’s 36-month beta value is 2.02.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 7 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for NRDY is 29.27M, and currently, short sellers hold a 16.24% ratio of that floaft. The average trading volume of NRDY on December 10, 2024 was 1.97M shares.
NRDY) stock’s latest price update
Nerdy Inc (NYSE: NRDY) has experienced a rise in its stock price by 1.86 compared to its previous closing price of 1.61. However, the company has seen a gain of 7.19% in its stock price over the last five trading days. businesswire.com reported 2024-12-03 that ST. LOUIS–(BUSINESS WIRE)–Nerdy Inc. (NYSE: NRDY) today announced that it has regained compliance with the New York Stock Exchange (“NYSE”) continued listing criteria for minimum share price under Section 802.01C of the NYSE Listed Company Manual. On December 2, 2024, the NYSE provided Nerdy with a notification letter of compliance based on Nerdy’s closing share price on November 29, 2024, as well as a calculation of Nerdy’s average closing share price for the 30 trading days ended November 2.
Analysts’ Opinion of NRDY
Cantor Fitzgerald gave a rating of “Neutral” to NRDY, setting the target price at $1 in the report published on November 08th of the current year.
NRDY Trading at 49.47% 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 -54.44% of loss for the given period.
Volatility was left at 13.65%, however, over the last 30 days, the volatility rate increased by 12.99%, as shares surge +98.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +67.65% upper at present.
During the last 5 trading sessions, NRDY rose by +7.19%, which changed the moving average for the period of 200-days by -44.78% in comparison to the 20-day moving average, which settled at $1.2903. In addition, Nerdy Inc saw -52.19% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NRDY starting from Cohn Charles K., who purchase 426,758 shares at the price of $1.54 back on Dec 05 ’24. After this action, Cohn Charles K. now owns 25,509,191 shares of Nerdy Inc, valued at $657,207 using the latest closing price.
Blunt Abigail, the Director of Nerdy Inc, purchase 33,055 shares at $1.47 during a trade that took place back on Dec 05 ’24, which means that Blunt Abigail is holding 174,100 shares at $48,591 based on the most recent closing price.
Stock Fundamentals for NRDY
Current profitability levels for the company are sitting at:
- -0.32 for the present operating margin
- 0.68 for the gross margin
The net margin for Nerdy Inc stands at -0.19. The total capital return value is set at -0.9. Equity return is now at value -81.39, with -33.06 for asset returns.
Currently, EBITDA for the company is -50.8 million with net debt to EBITDA at 1.19. When we switch over and look at the enterprise to sales, we see a ratio of 1.17. The receivables turnover for the company is 26.58for trailing twelve months and the total asset turnover is 1.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.18.
Conclusion
In a nutshell, Nerdy Inc (NRDY) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
