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Nerdy Inc (NRDY) Review – Making Smarter Decisions

Nerdy Inc (NYSE: NRDY) is -32.36% lower on its value in year-to-date trading and has touched a low of $1.92 and a high of $5.37 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NRDY stock was last observed hovering at around $2.42 in the last trading session, with the day’s loss setting it -0.1%.

Currently trading at $2.32, the stock is -11.60% and -16.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing -4.13% at the moment leaves the stock -30.25% off its SMA200. NRDY registered -25.16% loss for a year compared to 6-month loss of -25.16%.

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The stock witnessed a -14.39% gain in the last 1 month and extending the period to 3 months gives it a -30.75%, and is -12.12% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.06% over the week and 6.40% over the month.

Nerdy Inc (NRDY) has around 500 employees, a market worth around $248.38M and $197.95M in sales. Fwd P/E is 17.19. Profit margin for the company is -14.49%. Distance from 52-week low is 20.83% and -56.80% from its 52-week high. The company has generated returns on investments over the last 12 months (-54.32%).

The EPS is expected to shrink by -85.55% this year

The shares outstanding are 106.42M, and float is at 72.24M with Short Float at 5.19%.

Nerdy Inc (NRDY) Insider Activity

The most recent transaction is an insider sale by Swenson Christopher C., the company’s Chief Legal Officer. SEC filings show that Swenson Christopher C. sold 30,000 shares of the company’s common stock on Apr 22 ’24 at a price of $2.53 per share for a total of $75900.0. Following the sale, the insider now owns 1.2 million shares.

Nerdy Inc disclosed in a document filed with the SEC on Mar 25 ’24 that Pello Jason H. (Chief Financial Officer) sold a total of 29,195 shares of the company’s common stock. The trade occurred on Mar 25 ’24 and was made at $3.06 per share for $89337.0. Following the transaction, the insider now directly holds 1.48 million shares of the NRDY stock.

Still, SEC filings show that on Mar 18 ’24, Swenson Christopher C. (Chief Legal Officer) disposed off 25,000 shares at an average price of $2.96 for $74000.0. The insider now directly holds 1,233,248 shares of Nerdy Inc (NRDY).

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