Grid Dynamics Holdings Inc (GDYN)’s Market Momentum: Closing Strong at 20.41, Up 5.70

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As of close of business last night, Grid Dynamics Holdings Inc’s stock clocked out at $20.41, up 5.70% from its previous closing price of $19.31. In other words, the price has increased by $5.70 from its previous closing price. On the day, 0.95 million shares were traded. GDYN stock price reached its highest trading level at $20.43 during the session, while it also had its lowest trading level at $19.4.

Ratios:

To gain a deeper understanding of GDYN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 87.41. For the most recent quarter (mrq), Quick Ratio is recorded 5.96 and its Current Ratio is at 5.96. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on August 02, 2024, Upgraded its rating to Buy and sets its target price to $16 from $12 previously.

On May 24, 2024, Wedbush started tracking the stock assigning a Outperform rating and target price of $13.

Needham reiterated its Buy rating for the stock on March 04, 2022, while the target price for the stock was revised from $45 to $22.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 17 ’24 when Livschitz Leonard sold 25,000 shares for $19.62 per share. The transaction valued at 490,578 led to the insider holds 3,335,901 shares of the business.

LEONARD LIVSCHITZ bought 25,000 shares of GDYN for $490,577 on Dec 17 ’24. On Dec 10 ’24, another insider, Doradla Anil, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 18,039 shares for $20.00 each. As a result, the insider received 360,780 and left with 355,243 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GDYN now has a Market Capitalization of 1702806272 and an Enterprise Value of 1349279360. As of this moment, Grid’s Price-to-Earnings (P/E) ratio for their current fiscal year is 703.79, and their Forward P/E ratio for the next fiscal year is 47.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 46.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.13 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 4.109 whereas that against EBITDA is 112.722.

Stock Price History:

Over the past 52 weeks, GDYN has reached a high of $20.34, while it has fallen to a 52-week low of $9.07. The 50-Day Moving Average of the stock is 17.62%, while the 200-Day Moving Average is calculated to be 54.39%.

Shares Statistics:

It appears that GDYN traded 527.77K shares on average per day over the past three months and 586510 shares per day over the past ten days. A total of 76.74M shares are outstanding, with a floating share count of 62.67M. Insiders hold about 24.10% of the company’s shares, while institutions hold 68.56% stake in the company. Shares short for GDYN as of 1732838400 were 1619885 with a Short Ratio of 3.07, compared to 1730332800 on 2079252. Therefore, it implies a Short% of Shares Outstanding of 1619885 and a Short% of Float of 2.54.

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