Grid Dynamics Holdings Inc (NASDAQ: GDYN) has seen a rise in its stock price by 0.36 in relation to its previous close of 22.50. However, the company has experienced a 10.58% gain in its stock price over the last five trading sessions. fxempire.com reported 2024-12-31 that Grid Dynamics Holdings, Inc. (GDYN) is joining the small-cap index on the back of AI, hyperscaler gains.
Is It Worth Investing in Grid Dynamics Holdings Inc (NASDAQ: GDYN) Right Now?
The price-to-earnings ratio for Grid Dynamics Holdings Inc (NASDAQ: GDYN) is 778.62x, which is above its average ratio. Moreover, the 36-month beta value for GDYN is 1.01. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GDYN is 62.68M and currently, short sellers hold a 2.98% of that float. On December 31, 2024, GDYN’s average trading volume was 655.01K shares.
GDYN’s Market Performance
GDYN stock saw an increase of 10.58% in the past week, with a monthly gain of 23.39% and a quarterly increase of 61.75%. The volatility ratio for the week is 3.88%, and the volatility levels for the last 30 days are 3.99% for Grid Dynamics Holdings Inc (GDYN). The simple moving average for the last 20 days is 12.57% for GDYN stock, with a simple moving average of 66.84% for the last 200 days.
Analysts’ Opinion of GDYN
Many brokerage firms have already submitted their reports for GDYN stocks, with TD Cowen repeating the rating for GDYN by listing it as a “Buy.” The predicted price for GDYN in the upcoming period, according to TD Cowen is $16 based on the research report published on August 02, 2024 of the current year 2024.
Wedbush, on the other hand, stated in their research note that they expect to see GDYN reach a price target of $13. The rating they have provided for GDYN stocks is “Outperform” according to the report published on May 24th, 2024.
Needham gave a rating of “Buy” to GDYN, setting the target price at $22 in the report published on March 04th of the previous year.
GDYN Trading at 23.81% from the 50-Day Moving Average
After a stumble in the market that brought GDYN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.54% of loss for the given period.
Volatility was left at 3.99%, however, over the last 30 days, the volatility rate increased by 3.88%, as shares surge +23.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +46.76% upper at present.
During the last 5 trading sessions, GDYN rose by +12.05%, which changed the moving average for the period of 200-days by +82.02% in comparison to the 20-day moving average, which settled at $20.07. In addition, Grid Dynamics Holdings Inc saw 69.39% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GDYN starting from Livschitz Leonard, who sale 10,000 shares at the price of $21.00 back on Dec 26 ’24. After this action, Livschitz Leonard now owns 3,285,901 shares of Grid Dynamics Holdings Inc, valued at $210,000 using the latest closing price.
Livschitz Leonard, the CHIEF EXECUTIVE OFFICER of Grid Dynamics Holdings Inc, sale 40,000 shares at $20.53 during a trade that took place back on Dec 24 ’24, which means that Livschitz Leonard is holding 3,295,901 shares at $821,200 based on the most recent closing price.
Stock Fundamentals for GDYN
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.36 for the gross margin
The net margin for Grid Dynamics Holdings Inc stands at 0.01. The total capital return value is set at -0.01. Equity return is now at value 0.63, with 0.53 for asset returns.
Based on Grid Dynamics Holdings Inc (GDYN), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 5.93. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -2.08.
Currently, EBITDA for the company is 7.69 million with net debt to EBITDA at -16.6. When we switch over and look at the enterprise to sales, we see a ratio of 5.02. The receivables turnover for the company is 4.69for trailing twelve months and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.96.
Conclusion
To wrap up, the performance of Grid Dynamics Holdings Inc (GDYN) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
