Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Nerdy Inc’s current trading price is -56.86% away from its 52-week high, while its distance from the 52-week low is 94.66%. The stock’s price range over this period has fluctuated between $0.73 and $3.28. The company, operating within the financial sector, had a trading volume of approximately 1.34 million for the day, which was noticeably lower than the average daily share volume of 1.85 million over the last 3 months.
In terms of market performance, Nerdy Inc had a fairly uneven. The highest value for the stock in the past year was $3.28 on 03/20/24, and the lowest value was recorded at $0.73 on 08/12/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nerdy Inc (NRDY) has experienced a quarterly rise of 1.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 255.23M and boasts a workforce of 500 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4458, with a change in price of +0.4050. Similarly, Nerdy Inc recorded 1,818,316 in trading volume during the last 100 days, posting a change of +40.10%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NRDY stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
NRDY Stock Stochastic Average
Today’s raw stochastic average for Nerdy Inc over the last 50 days is 17.73%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 21.42%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 15.47% and 14.85%, respectively.
NRDY Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -12.65%. However, over the past six months, we’ve seen a weaker performance of 32.24%. The price of NRDY leaped by -21.82% over the last 30 days. And in the last five days, it has fallen by -14.76%.
