Grid Dynamics Holdings Inc (NASDAQ:GDYN) shares, rose in value, with the stock price up by 0.69% to the previous day’s close as strong demand from buyers drove the stock to $13.06.
Actively observing the price movement in the last trading, the stock closed the session at $12.97, falling within a range of $12.73 and $13.21. The value of beta (5-year monthly) was 0.987 whereas the PE ratio was 285.15 over 12-month period. Referring to stock’s 52-week performance, its high was $25.50, and the low was $9.07. On the whole, GDYN has fluctuated by -23.40% over the past month.
With the market capitalization of Grid Dynamics Holdings Inc currently standing at about $1.09 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-19.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 413.46M, with a low estimate of 98M and a high estimate of 99M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 98.36M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GDYN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 19.02, with the price of GDYN currently trading nearly -11.50% and -26.30% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.92, while the 7-day volatility ratio is showing 4.72% which for the 30-day chart, stands at 5.86%. Furthermore, Grid Dynamics Holdings Inc (GDYN)’s beta value is 1.17, and its average true range (ATR) is 0.95.
A comparison of Grid Dynamics Holdings Inc (GDYN) with its peers suggests the former has fared considerably weaker in the market. GDYN showed an intraday change of 0.69% in last session, and over the past year, it grew by 24.03%%.
Data on historical trading for Grid Dynamics Holdings Inc (NASDAQ:GDYN) indicates that the trading volumes over the past 10 days have averaged 0.76 and over the past 3 months, they’ve averaged 786.13K. According to company’s latest data on outstanding shares, there are 83.61 million shares outstanding.
Nearly 7.12% of Grid Dynamics Holdings Inc’s shares belong to company insiders and institutional investors own 85.31% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.46 million shares as on 2025-03-31, resulting in a short ratio of 4.39. According to the data, the short interest in Grid Dynamics Holdings Inc (GDYN) stood at 531.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 3.08 million. The stock has fallen by -41.28% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GDYN stock heading into the next quarter.
