Grid Dynamics Holdings Inc [GDYN] stock prices are up 1.87% to $14.20 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GDYN shares have gain 8.56% over the last week, with a monthly amount drifted -10.18%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Grid Dynamics Holdings Inc [NASDAQ: GDYN] stock has seen the most recent analyst activity on August 02, 2024, when TD Cowen upgraded its rating to a Buy and also boosted its price target to $16 from $12. Previously, Wedbush started tracking the stock with Outperform rating on May 24, 2024, and set its price target to $13. On March 04, 2022, Needham reiterated its Buy rating and revised its price target to $22 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $35 on November 01, 2021. JP Morgan initiated its recommendation with a Overweight and recommended $25 as its price target on July 30, 2021. In a note dated October 15, 2020, Cowen initiated an Outperform rating and provided a target price of $11 on this stock.
The stock price of Grid Dynamics Holdings Inc [GDYN] has been fluctuating between $9.07 and $25.50 over the past year. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Grid Dynamics Holdings Inc [NASDAQ: GDYN] shares were valued at $14.20 at the most recent close of the market. An investor can expect a potential return of 40.85% based on the average GDYN price forecast.
Analyzing the GDYN fundamentals
The Grid Dynamics Holdings Inc [NASDAQ:GDYN] reported sales of 350.57M for trailing twelve months, representing a surge of 28.45%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.90 points at the first support level, and at 13.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.37, and for the 2nd resistance point, it is at 14.53.
Ratios To Look Out For
It’s worth pointing out that Grid Dynamics Holdings Inc [NASDAQ:GDYN]’s Current Ratio is 7.62. As well, the Quick Ratio is 7.62, while the Cash Ratio is 6.03. Considering the valuation of this stock, the price to sales ratio is 3.40, the price to book ratio is 2.29 and price to earnings (TTM) ratio is 310.04.
Transactions by insiders
Recent insider trading involved LEONARD LIVSCHITZ, Officer, that happened on Apr 29 ’25 when 20000.0 shares were purchased. CHIEF EXECUTIVE OFFICER, Livschitz Leonard completed a deal on Apr 15 ’25 to sell 20000.0 shares. Meanwhile, Officer LEONARD LIVSCHITZ bought 20000.0 shares on Apr 15 ’25.
