At the time of writing, Grid Dynamics Holdings Inc [GDYN] stock is trading at $15.23, up 9.18%. An important factor to consider is whether the stock is rising or falling in short-term value. The GDYN shares have gain 13.07% over the last week, with a monthly amount glided 12.65%, and 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.
For the past year, the stock price of Grid Dynamics Holdings Inc fluctuated between $9.07 and $25.50. Currently, Wall Street analysts expect the stock to reach $16.5 within the next 12 months. Grid Dynamics Holdings Inc [NASDAQ: GDYN] shares were valued at $15.23 at the most recent close of the market. An investor can expect a potential return of 8.34% based on the average GDYN price forecast.
Analyzing the GDYN fundamentals
According to Grid Dynamics Holdings Inc [NASDAQ:GDYN], the company’s sales were 371.17M for trailing twelve months, which represents an 25.81% jump. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.02 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 14.65 points at the first support level, and at 14.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.54, and for the 2nd resistance point, it is at 15.86.
Ratios To Look Out For
It is important to note that Grid Dynamics Holdings Inc [NASDAQ:GDYN] has a current ratio of 7.25. On the other hand, the Quick Ratio is 7.25, and the Cash Ratio is 5.59. Considering the valuation of this stock, the price to sales ratio is 3.47, the price to book ratio is 2.49 and price to earnings (TTM) ratio is 116.44.
Transactions by insiders
Recent insider trading involved LEONARD LIVSCHITZ, Officer, that happened on May 12 ’25 when 10000.0 shares were purchased. CHIEF OPERATING OFFICER, Gryzlov Yury completed a deal on May 06 ’25 to sell 2000.0 shares. Meanwhile, CHIEF FINANCIAL OFFICER Doradla Anil sold 2000.0 shares on May 07 ’25.
