How to Buy Nerdy Stock
Nerdy Inc
TPG Pace Tech Opportunities Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Nerdy stock last closed at $2.53, down 3.44% from the previous day, and has decreased 37.06% in one year. It has underperformed other stocks in the Software - Application industry by 0.55 percentage points. Nerdy stock is currently +9.76% from its 52-week low of $2.31, and -52.89% from its 52-week high of $5.37.
As of Apr 19, 2024, there are 173.71M shares of NRDY outstanding. The market cap of NRDY is $439.50M. In the past 24 hours, 981,987 NRDY shares were traded.
How to Buy Nerdy Stock
Wondering how to invest in Nerdy stock? Here's how.
- Figure out where to buy Nerdy stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Nerdy stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your payment method and add your information.
- Research Nerdy stock: The Nerdy ticker symbol is NRDY. Is Nerdy stock a good investment? Should you buy shares of NRDY? How do NRDY's underlying business fundamentals look? Do top analysts think Nerdy is a good buy? Why has NRDY's stock price moved recently? (Hint: Our stock market research website can help you decide if NRDY is a good stock to buy).
- Make your NRDY buy order: Decide if you will purchase NRDY shares at the current market price or use a limit order to buy NRDY stock at a particular price.
- Get notifications regarding your NRDY investment: Create a watchlist to important notifications about your position in Nerdy shares.
Step 1: Figure out where to buy Nerdy stock
You will need an online brokerage account in order to access the NYSE market and buy NRDY stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. Here's why:
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- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal info so you can invest in NRDY stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open your new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on the best free stock trading app, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of transferring money into your new brokerage account.
Step 4: Research Nerdy stock
After you have figured out the best place to buy Nerdy stock, it's crucial to evaluate their stock prior to buying, so you actually understand the risk as well as the upside.
Nerdy shares at a glance
NRDY Due Diligence Checks
WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.
You can view all of the due diligence checks on NRDY's stock page.
Is NRDY stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge NRDY's intrinsic value.
Using relative valuations metrics:
- NRDY may be overvalued based on its P/B ratio of 8.38x, relative to Software - Application industry P/B ratio of 6.31x
You can access additional valuation analysis on NRDY's stock here.
NRDY Financials at a glance
Pros:
- There are more short-term assets than long-term liabilities on the NRDY balance sheet.
- There are more short-term assets than short-term liabilities on the NRDY balance sheet.
- NRDY has cash burn of 14447000. It has sufficient cash and short-term investments to cover this for at least one year.
- NRDY has $74.82M in cash and short term investments. This is enough to cover its annual cash burn of $14.45M.
- NRDY profit margin has gone up from -21.8% to -20.8% in the past year.
Cons:
- NRDY has a relatively high debt to equity ratio of 0.75.
Is NRDY stock a Buy, Hold, or Sell, according to analysts?
Out of 5 Equities analysts who track NRDY, the consensus analyst rating on NRDY is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Nerdy stock forecast page.
NRDY Technical Indicators
How are NRDY Revenues/Earnings doing?
Last year, NRDY revenue was $193.40M. In the last five year, NRDY's revenue has grown by 21.84% per year. This was slower than the Software - Application industry average of 27.59%.
Learn more about NRDY's earnings and revenue performance here.
What are NRDY insiders up to?
Over the last year, insiders at NRDY have bought more shares than they have sold.
Jason H. Pello, Chief Financial Officer of NRDY, was the latest NRDY insider to sell. They sold $89,336.70 worth of NRDY shares on Mar 25, 2024.
Learn more about who owns NRDY shares here.
Can I get consistent income from NRDY stock?
No, Nerdy doesn't provide an income stream by paying out dividends.
NRDY Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your NRDY buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, place a limit order.
Press the Open Trade button and your broker will place the order.
If you require more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your NRDY investment
Now that you own some NRDY stock, you'll want to stay up-to-date on your new investment.
Put NRDY on a watchlist to get the latest updates about your NRDY stock.
NRDY Feed
How to Buy Stock in Nerdy
To summarize, here are the 6 steps you need to take to buy Nerdy stock right now:
- Figure out where to buy Nerdy stock
- Create your brokerage account
- Deposit money your investment account
- Research Nerdy stock
- Make your NRDY buy order
- Get notifications regarding your NRDY investment
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your investment in Nerdy, add NRDY to your watchlist below.
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