Grid Dynamics Holdings Inc (NASDAQ: GDYN) on Tuesday, soared 0.54% from the previous trading day, before settling in for the closing price of $20.42. Within the past 52 weeks, GDYN’s price has moved between $9.07 and $20.92.
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Annual sales at Technology sector company grew by 32.09% over the past five years. The company achieved an average annual earnings per share of 7.50%. With a float of $62.70 million, this company’s outstanding shares have now reached $76.74 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
Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of Grid Dynamics Holdings Inc is 24.07%, while institutional ownership is 68.56%. The most recent insider transaction that took place on Dec 17 ’24, was worth 490,578. In this transaction CHIEF EXECUTIVE OFFICER of this company sold 25,000 shares at a rate of $19.62, taking the stock ownership to the 3,335,901 shares. Before that another transaction happened on Dec 17 ’24, when Company’s Officer proposed sale 25,000 for $19.62, making the entire transaction worth $490,577.
Grid Dynamics Holdings Inc (GDYN) Latest Financial update
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 7.50% per share during the next fiscal year.
Grid Dynamics Holdings Inc (NASDAQ: GDYN) Trading Performance Indicators
Grid Dynamics Holdings Inc (GDYN) is currently performing well based on its current performance indicators. A quick ratio of 5.96 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.16. Likewise, its price to free cash flow for the trailing twelve months is 87.92.
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 0.43 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 0.84 million, a positive change from its year-to-date volume of 0.4 million. As of the previous 9 days, the stock’s Stochastic %D was 79.21%. Additionally, its Average True Range was 0.78.
During the past 100 days, Grid Dynamics Holdings Inc’s (GDYN) raw stochastic average was set at 95.26%, which indicates a significant increase from 84.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.95% in the past 14 days, which was lower than the 42.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.70, while its 200-day Moving Average is $13.34. Nevertheless, the first resistance level for the watch stands at $20.79 in the near term. At $21.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.31. If the price goes on to break the first support level at $20.27, it is likely to go to the next support level at $20.01. The third support level lies at $19.75 if the price breaches the second support level.
Grid Dynamics Holdings Inc (NASDAQ: GDYN) Key Stats
Market capitalization of the company is 1.70 billion based on 82,493K outstanding shares. Right now, sales total 312,910 K and income totals -1,770 K. The company made 87,440 K in profit during its latest quarter, and 4,280 K in sales during its previous quarter.
