With 0.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.64 million shares. The 52-week range on NRDY shows that it touched its highest point at $2.18 and its lowest point at $0.73 during that stretch. It currently has a 1-year price target of $2.12. Beta for the stock currently stands at 1.94.
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 -8.43%, but this was down by -7.39% over a month. Three-month performance surged to 2.52% while six-month performance rose 1.87%. The stock lost -6.32% in the past year, while it has gained 0.62% so far this year. A look at the trailing 12-month EPS for NRDY yields -0.40 with Next year EPS estimates of 0.03. For the next quarter, that number is -0.07. This implies an EPS growth rate of 38.85% for this year and 117.78% for next year. EPS is expected to grow by 9.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -317.67%.
Float and Shares Shorts:
At present, 119.36 million NRDY shares are outstanding with a float of 33.69 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 -$0.04 and the low estimate is -$0.06. The average estimate for the next quarter is thus -$0.05.
