Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Grid Dynamics Holdings Inc (NASDAQ: GDYN) closed at $21.58 down -2.71% from its previous closing price of $22.18. In other words, the price has decreased by -$2.71 from its previous closing price. On the day, 0.99 million shares were traded. GDYN stock price reached its highest trading level at $22.465 during the session, while it also had its lowest trading level at $21.26.
Ratios:
For a deeper understanding of Grid Dynamics Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 92.42. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 07 ’25 when LEONARD LIVSCHITZ bought 50,000 shares for $21.60 per share.
ANIL KUMAR DORADLA bought 3,000 shares of GDYN for $66,361 on Jan 07 ’25. On Dec 26 ’24, another insider, Livschitz Leonard, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 10,000 shares for $21.00 each. As a result, the insider received 210,000 and left with 3,285,901 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 1800419456 and an Enterprise Value of 1439148288. As of this moment, Grid’s Price-to-Earnings (P/E) ratio for their current fiscal year is 744.14, and their Forward P/E ratio for the next fiscal year is 49.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 49.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.43 while its Price-to-Book (P/B) ratio in mrq is 4.14. Its current Enterprise Value per Revenue stands at 4.383 whereas that against EBITDA is 120.23.
Stock Price History:
Over the past 52 weeks, GDYN has reached a high of $24.16, while it has fallen to a 52-week low of $9.07. The 50-Day Moving Average of the stock is 15.14%, while the 200-Day Moving Average is calculated to be 57.37%.
Shares Statistics:
For the past three months, GDYN has traded an average of 887.50K shares per day and 2425220 over the past ten days. A total of 76.74M shares are outstanding, with a floating share count of 62.69M. Insiders hold about 24.08% of the company’s shares, while institutions hold 68.59% stake in the company. Shares short for GDYN as of 1734048000 were 1865432 with a Short Ratio of 2.10, compared to 1731628800 on 1740703. Therefore, it implies a Short% of Shares Outstanding of 1865432 and a Short% of Float of 2.8800000999999997.
