With 1.11 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.93 million shares. The 52-week range on NRDY shows that it touched its highest point at $3.28 and its lowest point at $0.73 during that stretch. It currently has a 1-year price target of $1.92. Beta for the stock currently stands at 2.00.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NRDY was down-trending over the past week, with a drop of -15.74%, but this was up by 3.11% over a month. Three-month performance surged to 66.00% while six-month performance rose 59.62%. The stock lost -45.75% in the past year, while it has gained 2.47% so far this year. A look at the trailing 12-month EPS for NRDY yields -0.35 with Next year EPS estimates of -0.14. For the next quarter, that number is -0.09. This implies an EPS growth rate of -201.16% for this year and 40.34% for next year.
Float and Shares Shorts:
At present, 114.97 million NRDY shares are outstanding with a float of 32.04 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NRDY since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.21163 being high and -$0.24866 being low. For NRDY, this leads to a yearly average estimate of -$0.2275. Based on analyst estimates, the high estimate for the next quarter is -$0.03 and the low estimate is -$0.07. The average estimate for the next quarter is thus -$0.05.
