Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -14.47%.However, over the last six months, we can see a stronger performance of -5.13%. Over the last 30 days, the price of NRDS has leaped by -20.73%. And in the last five days, it has fallen by -16.11%.
Nerdwallet Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $17.30 on 02/27/24, while the lowest price for the same period was registered at $10.10 on 08/05/24.
52-week price history of NRDS Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Nerdwallet Inc’s current trading price is -34.25% away from its 52-week high, while its distance from the 52-week low is 12.62%. The stock’s price range during this period has varied between$10.10 and $17.30. The Nerdwallet Inc’s shares, which operate in the Communication Services, saw a trading volume of around 4.25 million for the day, a figure considerably higher than their average daily volume of 0.42 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nerdwallet Inc (NRDS) has experienced a quarterly decline of -18.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 835.37M and boasts a workforce of 730 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.55, with a change in price of -1.52. Similarly, Nerdwallet Inc recorded 597,696 in trading volume during the last 100 days, posting a change of -11.75%.
NRDS’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NRDS stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
NRDS Stock Stochastic Average
Nerdwallet Inc’s raw stochastic average for the past 50 days is presently 14.77%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 14.77%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 29.12% and 32.92%, respectively.
