The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Grid Dynamics Holdings Inc’s current trading price is -68.90% away from its 52-week high, while its distance from the 52-week low is -15.28%. The stock’s price range for this period has been between $9.36 and $25.50 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 5.18 million for the day, a number notably higher than the average daily volume of 0.73 million over the last three months.
Grid Dynamics Holdings Inc (GDYN) stock is currently valued at $7.93. During the last session, the stock experienced a remarkable rise, reaching $18.0 after opening at $7.93. The stock briefly dropped to $13.0 before ultimately closing at $9.49.
Grid Dynamics Holdings Inc experienced a somewhat shaky performance in the stock market.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Grid Dynamics Holdings Inc (GDYN) has experienced a quarterly decline of -43.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 671.43M and boasts a workforce of 4730 employees.
Grid Dynamics Holdings Inc: What Analysts Are Saying
As of right now, 3 analysts are rating Grid Dynamics Holdings Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.12, with a change in price of -8.84. Similarly, Grid Dynamics Holdings Inc recorded 762,432 in trading volume during the last 100 days, posting a change of -52.73%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GDYN stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.
GDYN Stock Stochastic Average
Grid Dynamics Holdings Inc’s raw stochastic average for the past 50 days is presently 6.33%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 7.50%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 4.56% and 2.81%, respectively.
GDYN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Until today this year the stock’s price performance recorded a decrease of -39.37%. However, over the last six months, the performance has been stronger by -64.86%. The price of GDYN decreased -33.70% over the last 30 days. And in the last five days, it has fallen by -24.19%.
