On Tuesday, Grid Dynamics Holdings Inc (NASDAQ: GDYN) was 4.53% up from the session before settling in for the closing price of $15.88. A 52-week range for GDYN has been $9.07 – $19.86.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Technology sector company grew by 32.09% over the past five years. When this article was written, the company’s average yearly earnings per share was at 8.38%. With a float of $61.06 million, this company’s outstanding shares have now reached $75.89 million.
Let’s look at the performance matrix of the company that is accounted for 3920 employees. In terms of profitability, gross margin is 35.96%, operating margin of -1.07%, and the pretax margin is 2.07%.
Grid Dynamics Holdings Inc (GDYN) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Grid Dynamics Holdings Inc stocks. The insider ownership of Grid Dynamics Holdings Inc is 26.04%, while institutional ownership is 68.83%. The most recent insider transaction that took place on Nov 19 ’24, was worth 317,542. Before that another transaction happened on Nov 19 ’24, when Company’s Officer proposed sale 20,000 for $16.01, making the entire transaction worth $320,126.
Grid Dynamics Holdings Inc (GDYN) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.07 earnings per share (EPS) during the time that was less than consensus figure (set at 0.08) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.38% per share during the next fiscal year.
Grid Dynamics Holdings Inc (NASDAQ: GDYN) Trading Performance Indicators
You can see what Grid Dynamics Holdings Inc (GDYN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.17. Likewise, its price to free cash flow for the trailing twelve months is 71.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.03, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.44 in one year’s time.
Technical Analysis of Grid Dynamics Holdings Inc (GDYN)
Grid Dynamics Holdings Inc (NASDAQ: GDYN) saw its 5-day average volume 1.46 million, a positive change from its year-to-date volume of 0.37 million. As of the previous 9 days, the stock’s Stochastic %D was 13.60%. Additionally, its Average True Range was 0.85.
During the past 100 days, Grid Dynamics Holdings Inc’s (GDYN) raw stochastic average was set at 66.43%, which indicates a significant increase from 29.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.62% in the past 14 days, which was higher than the 45.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.26, while its 200-day Moving Average is $12.66. Nevertheless, the first resistance level for the watch stands at $17.06 in the near term. At $17.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.23. If the price goes on to break the first support level at $15.89, it is likely to go to the next support level at $15.17. The third support level lies at $14.72 if the price breaches the second support level.
Grid Dynamics Holdings Inc (NASDAQ: GDYN) Key Stats
There are 76,811K outstanding shares of the company, which has a market capitalization of 1.37 billion. As of now, sales total 312,910 K while income totals -1,770 K. Its latest quarter income was 87,440 K while its last quarter net income were 4,280 K.
