Nerdy Inc [NYSE: NRDY] closed the trading session at $1.55.
The stocks have a year to date performance of -54.81 percent and weekly performance of 12.32 percent. The stock has been moved at 0.65 percent over the last six months. The stock has performed 69.55 percent around the most recent 30 days and changed 65.51 percent over the most recent 3-months.
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If compared to the average trading volume of 1.91M shares, NRDY reached to a volume of 3253885 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Nerdy Inc [NRDY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NRDY shares is $1.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NRDY stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Nerdy Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on November 11, 2024. The new note on the price target was released on November 08, 2024, representing the official price target for Nerdy Inc stock. Previously, the target price had yet another drop from $6 to $1, while Cantor Fitzgerald kept a Neutral rating on NRDY stock.
The Average True Range (ATR) for Nerdy Inc is set at 0.14, with the Price to Sales ratio for NRDY stock in the period of the last 12 months amounting to 1.42. The Price to Book ratio for the last quarter was 4.11, with the Price to Cash per share for the same quarter was set at 0.36.
NRDY stock trade performance evaluation
Nerdy Inc [NRDY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.32. With this latest performance, NRDY shares gained by 69.55% in over the last four-week period, additionally plugging by 0.65% over the last 6 months – not to mention a drop of -47.10% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NRDY stock in for the last two-week period is set at 70.31, with the RSI for the last a single of trading hit 71.67, and the three-weeks RSI is set at 67.63 for Nerdy Inc [NRDY]. The present Moving Average for the last 50 days of trading for this stock 1.0709, while it was recorded at 1.5360 for the last single week of trading, and 1.7347 for the last 200 days.
Nerdy Inc [NRDY]: An insightful look at the core fundamentals
Nerdy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.18 and a Current Ratio set at 2.18.
Earnings per share (EPS) analysis for Nerdy Inc [NRDY] stock
With the latest financial reports released by the company, Nerdy Inc posted 0.02/share EPS, while the average EPS was predicted by analysts to be reported at -0.01/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.03. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NRDY.
Nerdy Inc [NRDY]: Institutional Ownership
There are presently around $37.75%, or 64.31%% of NRDY stock, in the hands of institutional investors. The top three institutional holders of NRDY stocks are: TPG GP A, LLC with ownership of 10.6 million shares, which is approximately 9.8151%. GREENVALE CAPITAL LLP, holding 9.0 million shares of the stock with an approximate value of $$15.03 million in NRDY stocks shares; and GREENVALE CAPITAL LLP, currently with $$12.04 million in NRDY stock with ownership which is approximately 6.6811%.
