Grid Dynamics Holdings Inc (GDYN) concluded trading on Tuesday at a closing price of $22.24, with 12.13 million shares of worth about $269.73 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 110.41% during that period and on December 31, 2024 the price saw a loss of about -1.16%. Currently the company’s common shares owned by public are about 76.74M shares, out of which, 62.68M shares are available for trading.
Stock saw a price change of 8.91% in past 5 days and over the past one month there was a price change of 21.53%. Year-to-date (YTD), GDYN shares are showing a performance of 66.84% which increased to 66.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.07 but also hit the highest price of $24.16 during that period. The average intraday trading volume for Grid Dynamics Holdings Inc shares is 655.01K. The stock is currently trading 10.97% above its 20-day simple moving average (SMA20), while that difference is up 21.99% for SMA50 and it goes to 64.35% higher than SMA200.
Grid Dynamics Holdings Inc (NASDAQ: GDYN) currently have 76.74M outstanding shares and institutions hold larger chunk of about 68.56% of that.
The stock has a current market capitalization of $1.82B and its 3Y-monthly beta is at 1.01. PE ratio of stock for trailing 12 months is 766.90, while it has posted earnings per share of $0.03 in the same period. Its PEG reads 51.13 and has Quick Ratio of 5.96 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GDYN, volatility over the week remained 4.26% while standing at 3.98% over the month.
Stock’s fiscal year EPS is expected to rise by 7.50% while it is estimated to increase by 25.58% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on August 02, 2024 offering a Buy rating for the stock and assigned a target price range of between $12 and $16 to it. Coverage by Wedbush stated Grid Dynamics Holdings Inc (GDYN) stock as an Outperform in their note to investors on May 24, 2024, suggesting a price target of $13 for the stock. On March 04, 2022, Needham Reiterated their recommendations, while on November 01, 2021, Citigroup Initiated their ratings for the stock with a price target of $35. Stock get an Overweight rating from JP Morgan on July 30, 2021.
