With 3.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.48 million shares. The 52-week range on NRDS shows that it touched its highest point at $17.30 and its lowest point at $10.10 during that stretch. It currently has a 1-year price target of $17.40. Beta for the stock currently stands at 1.32.
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 NRDS was down-trending over the past week, with a drop of -24.98%, but this was down by -27.10% over a month. Three-month performance dropped to -23.03% while six-month performance fell -13.41%. The stock lost -34.99% in the past year, while it has lost -22.33% so far this year. A look at the trailing 12-month EPS for NRDS yields -0.14 with Next year EPS estimates of 0.65. For the next quarter, that number is -0.11. This implies an EPS growth rate of -20.00% for this year and 114.47% for next year.
Float and Shares Shorts:
At present, 42.34 million NRDS shares are outstanding with a float of 34.01 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 NRDS since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 -$0.06151536 being high and -$0.15818 being low. For NRDS, this leads to a yearly average estimate of -$0.096667. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.14. The average estimate for the next quarter is thus $0.14.
