The stock of Nerdy Inc (NYSE:NRDY) last traded at $1.69, unchanged from the previous session.
NRDY stock price is now 35.02% away from the 50-day moving average and 1.94% away from the 200-day moving average. The market capitalization of the company currently stands at $306.63M.
, while ‘Cantor Fitzgerald’ rates the stock as ‘Neutral’
In other news, Pello Jason H., Chief Financial Officer sold 30,242 shares of the company’s stock on Dec 16 ’24. The stock was sold for $55,645 at an average price of $1.84. Upon completion of the transaction, the Chief Financial Officer now directly owns 2,225,186 shares in the company, valued at $3.76 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 13 ’24, Chief Executive Officer Cohn Charles K. bought 3,000,000 shares of the business’s stock. A total of $5,100,000 was incurred on buying the stock at an average price of $1.70. This leaves the insider owning 28,509,191 shares of the company worth $48.18 million. A total of 79.21% of the company’s stock is owned by insiders.
During the past 12 months, Nerdy Inc has had a low of $0.73 and a high of $3.60. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.18, and a quick ratio of 2.18. The fifty day moving average price for NRDY is $1.23826 and a two-hundred day moving average price translates $1.66359 for the stock.
The latest earnings results from Nerdy Inc (NYSE: NRDY) was released for 2024-09-30. The net profit margin was -19.31% and return on equity was -81.39% for NRDY. The company reported revenue of $37.53 million for the quarter, compared to $40.3 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.86 percent.
