NRDY Stock Summary and Trading Ideas (Nerdy Class A | NYSE:NRDY)

Nerdy Inc is a curated direct-to-consumer platform for live online learning. Its purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Its comprehensive learning destination provides learning experiences across various subjects and multiple formats including one-on-one instruction, small group classes, large format group classes, and adaptive self-study.

Nerdy Class A trades on the NYSE stock market under the symbol NRDY.

As of December 13, 2024, NRDY stock price climbed to $1.74 with 9,319,732 million shares trading.

NRDY has a beta of 2.01, meaning it tends to be more sensitive to market movements. NRDY has a correlation of 0.06 to the broad based SPY ETF.

NRDY has a market cap of $200.85 million. This is considered a Small Cap stock.

Last quarter Nerdy Class A reported $38 million in Revenue and -$.14 earnings per share. This beat revenue expectation by $860,000 and exceeded earnings estimates by $.10.

In the last 3 years, NRDY traded as high as $5.70 and as low as $.73.

The top ETF exchange traded funds that NRDY belongs to (by Net Assets): IWM, VTI, IWO, VXF, VTWO.

NRDY has underperformed the market in the last year with a return of -41.2%, while SPY returned +29.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in NRDY shares. However, NRDY has outperformed the market in the last 3 month and 2 week periods, returning +79.6% and +10.1%, while SPY returned +7.8% and +0.3%, respectively. This indicates NRDY has been having a stronger performance recently.

NRDY support price is $1.47 and resistance is $1.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NRDY shares will trade within this expected range on the day.