Nerdy Inc (NRDY): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Software – Application industry segment, falling under the Technology sector. The current market capitalization of Nerdy Inc is $205.14M. A total of 2.57 million shares were traded on the day, compared to an average of 1.93M shares.

In the most recent transaction, Cohn Charles K. bought 208,726 shares of NRDY for 0.87 per share on Nov 14 ’24. After the transaction, the Chief Executive Officer now owns 21,157,650 company shares. In a previous transaction on Nov 12 ’24, Cohn Charles K. bought 8,338,206 shares at 0.90 per share. NRDY shares that Chief Executive Officer owns now total 20,948,924.

Among the insiders who sold shares, Pello Jason H. disposed of 30,282 shares on Sep 16 ’24 at a per-share price of $0.99. This resulted in the Chief Financial Officer holding 2,325,918 shares of NRDY after the transaction. In another insider transaction, Blunt Abigail bought 51,000 shares at $0.91 per share on Sep 12 ’24. Company shares held by the Director now total 101,045.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, NRDY has a high of $3.60 and a low of $0.73.

As of this writing, NRDY has an earnings estimate of -$0.09 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of -$0.07 per share and a lower estimate of -$0.1. The company reported an EPS of $0.02 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. NRDY’s latest balance sheet shows that the firm has $143.96M in Cash & Short Term Investments as of fiscal 2021. There were $0.00 in debt and $41.91M in liabilities at the time. Its Book Value Per Share was $0.38, while its Total Shareholder’s Equity was $95.81M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NRDY is Buy with a score of 2.89.

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