Nerdy Inc (NYSE:NRDY) At $2.66: What To Do?

In last trading session, Nerdy Inc (NYSE:NRDY) saw 0.69 million shares changing hands with its beta currently measuring 1.92. Company’s recent per share price level of $2.66 trading at $0.02 or 0.76% at ring of the bell on the day assigns it a market valuation of $284.78M. That closing price of NRDY’s stock is at a discount of -101.88% from its 52-week high price of $5.37 and is indicating a premium of 13.16% from its 52-week low price of $2.31. Taking a look at company’s average trading volume volume of 1.21 million if we extend that period to 3-months.

Nerdy Inc (NYSE:NRDY) trade information

Upright in the green during last session for gaining 0.76%, in the last five days NRDY remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $2.66 price level, adding 5.67% to its value on the day. Nerdy Inc’s shares saw a change of -22.45% in year-to-date performance and have moved -3.62% in past 5-day. Nerdy Inc (NYSE:NRDY) showed a performance of -6.34% in past 30-days.

Nerdy Inc (NRDY) estimates and forecasts

Statistics highlight that Nerdy Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -11.63% of value to its shares in past 6 months, showing an annual growth rate of 19.51% while that of industry is 20.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 23.00% from the last financial year’s standing.

9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 52.2M for the same. And 8 analysts are in estimates of company making revenue of 57.35M in the next quarter. Company posted 49.18M and 48.84M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -509.31% during past 5 years.

NRDY Dividends

Nerdy Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.