Nerdy Inc (NRDY) Stock Observes -3.58% 200-Day Moving Average

In the past week, NRDY stock has gone down by -7.10%, with a monthly gain of 2.61% and a quarterly surge of 53.92%. The volatility ratio for the week is 8.21%, and the volatility levels for the last 30 days are 13.51% for Nerdy Inc The simple moving average for the past 20 days is -5.96% for NRDY’s stock, with a -3.58% simple moving average for the past 200 days.

Is It Worth Investing in Nerdy Inc (NYSE: NRDY) Right Now?

Additionally, the 36-month beta value for NRDY is 1.98. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it 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 24.00M and currently, short sellers hold a 28.43% ratio of that float. The average trading volume of NRDY on January 03, 2025 was 2.12M shares.

NRDY) stock’s latest price update

Nerdy Inc (NYSE: NRDY) has seen a decline in its stock price by -3.09 in relation to its previous close of 1.62. However, the company has experienced a -7.10% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-12-18 that MANASSAS, Va.–(BUSINESS WIRE)–Manassas City Public Schools today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform. The partnership ensures all students, educators and parents have a rich set of academic resources for the school years to come. The comprehensive platform integrates interactive study tools, colla.

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 previous year.

NRDY Trading at 19.49% 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 -56.39% of loss for the given period.

Volatility was left at 13.51%, however, over the last 30 days, the volatility rate increased by 8.21%, as shares surge +5.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +57.00% upper at present.

During the last 5 trading sessions, NRDY fell by -7.10%, which changed the moving average for the period of 200-days by -46.42% in comparison to the 20-day moving average, which settled at $1.6695. In addition, Nerdy Inc saw -3.09% 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 Pello Jason H., who sale 30,242 shares at the price of $1.84 back on Dec 16 ’24. After this action, Pello Jason H. now owns 2,225,186 shares of Nerdy Inc, valued at $55,645 using the latest closing price.

Cohn Charles K., the Chief Executive Officer of Nerdy Inc, purchase 3,000,000 shares at $1.70 during a trade that took place back on Dec 13 ’24, which means that Cohn Charles K. is holding 28,509,191 shares at $5,100,000 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 1.11. 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 conclusion, Nerdy Inc (NRDY) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.

Most Popular

Related Posts