The stock of Grid Dynamics Holdings Inc (NASDAQ: GDYN) has decreased by -1.73 when compared to last closing price of 21.49. Despite this, the company has experienced a -0.90% fall in its stock price over the last five trading sessions. businesswire.com reported 2025-01-21 that SAN RAMON, Calif.–(BUSINESS WIRE)–Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a leader in enterprise-level digital transformation services and solutions, today announced that it will host a video conference call at 4:30 p.m. ET on Thursday, February 20, 2025 to discuss its fourth quarter and full year 2024 financial results. A press release containing these results will be available on our website prior to the call. A webcast of the video conference call, as well as a repla.
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 above average at 728.23x, Company’s 36-month beta value is 1.00.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GDYN is 76.84M, and currently, short sellers hold a 4.71% ratio of that floaft. The average trading volume of GDYN on January 29, 2025 was 993.73K shares.
GDYN’s Market Performance
The stock of Grid Dynamics Holdings Inc (GDYN) has seen a -0.90% decrease in the past week, with a 0.23% rise in the past month, and a 35.03% gain in the past quarter. The volatility ratio for the week is 3.84%, and the volatility levels for the past 30 days are at 3.79% for GDYN. The simple moving average for the last 20 days is -1.13% for GDYN stock, with a simple moving average of 47.12% 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 previous 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 6.04% 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 -12.59% of loss for the given period.
Volatility was left at 3.79%, however, over the last 30 days, the volatility rate increased by 3.84%, as shares sank -7.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.32% upper at present.
During the last 5 trading sessions, GDYN fell by -1.31%, which changed the moving average for the period of 200-days by +88.61% in comparison to the 20-day moving average, which settled at $21.35. In addition, Grid Dynamics Holdings Inc saw -5.04% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GDYN starting from Livschitz Leonard, who sale 50,000 shares at the price of $20.88 back on Jan 21 ’25. After this action, Livschitz Leonard now owns 3,041,906 shares of Grid Dynamics Holdings Inc, valued at $1,044,000 using the latest closing price.
LEONARD LIVSCHITZ, the Officer of Grid Dynamics Holdings Inc, proposed sale 50,000 shares at $20.89 during a trade that took place back on Jan 21 ’25, which means that LEONARD LIVSCHITZ is holding shares at $1,044,404 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 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 2.39. The debt to equity ratio resting at 0.03. 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 4.68. 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
In a nutshell, Grid Dynamics Holdings Inc (GDYN) has experienced a mixed performance in recent times. The stock has received mixed “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.
