Is Nerdy Inc (NYSE: NRDY) The Best Stock To Invest In?

After Hours

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. The stock was recently discussed on Yahoo Finance as it revealed that Nerdy to Participate in Needham Growth Conference.

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Stocks Info

The company is listed on the NYSE and operates within the Software – Application industry segment. At the end of the last regular session, the stock closed at $3.13 and fluctuated between $3.1950 as its day high and $3.0500 as its day low. The current market capitalization of Nerdy Inc is $326.83M. A total of 0.74 million shares were traded on the day, compared to an average of 966.49K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, NRDY has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 37,351 shares. Over the last 12 months, there were 29 BUYs and 18 SELLs from insiders. Insiders purchased 3,034,002 shares during that period but sold 3,226,519.

In the most recent transaction, Pello Jason H. sold 31,098 shares of NRDY for 3.05 per share on Dec 18. After the transaction, the Chief Financial Officer now owns 1,547,140 company shares. In a previous transaction on Nov 16, Pello Jason H. sold 37,351 shares at 2.51 per share. NRDY shares that Chief Financial Officer owns now total 1,578,238.

Among the insiders who sold shares, Swenson Christopher C. disposed of 30,000 shares on Sep 25 at a per-share price of $3.24. This resulted in the Chief Legal Officer holding 1,287,176 shares of NRDY after the transaction. In another insider transaction, Pello Jason H. sold 31,735 shares at $3.68 per share on Sep 18. Company shares held by the Chief Financial Officer now total 1,602,460.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, NRDY has a high of $5.37 and a low of $2.33.

As of this writing, NRDY has an earnings estimate of -$0.12 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of -$0.08 per share and a lower estimate of -$0.13. The company reported an EPS of -$0.03 in the last quarter, which was -200.00% lower than expectations of -$0.01.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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 $0.48, while its Total Shareholder’s Equity was $95.81M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 4.33.

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