Grid Dynamics Holdings Stock Price on December 11, 2024

GDYN Stock  USD 20.53  0.11  0.54%   
Below is the normalized historical share price chart for Grid Dynamics Holdings extending back to October 30, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Grid Dynamics stands at 20.53, as last reported on the 25th of December, with the highest price reaching 20.79 and the lowest price hitting 20.27 during the day.
IPO Date
30th of October 2018
200 Day MA
13.2985
50 Day MA
17.5856
Beta
0.927
 
Covid
If you're considering investing in Grid Stock, it is important to understand the factors that can impact its price. Grid Dynamics appears to be not too volatile, given 3 months investment horizon. Grid Dynamics Holdings holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. By evaluating Grid Dynamics' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please utilize Grid Dynamics' Risk Adjusted Performance of 0.1988, market risk adjusted performance of 0.4735, and Downside Deviation of 2.48 to validate if our risk estimates are consistent with your expectations.
  
As of the 25th of December 2024, Total Stockholder Equity is likely to drop to about 194.3 M. In addition to that, Common Stock Shares Outstanding is likely to drop to about 58.2 M. At this time, Grid Dynamics' Price To Sales Ratio is very stable compared to the past year. As of the 25th of December 2024, Price Earnings To Growth Ratio is likely to grow to 6.32, though Price Earnings Ratio is likely to grow to (539.49). Grid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2295

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Estimated Market Risk

 2.82
  actual daily
25
75% of assets are more volatile

Expected Return

 0.65
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average Grid Dynamics is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Grid Dynamics by adding it to a well-diversified portfolio.
Price Book
4.2565
Enterprise Value Ebitda
123.5922
Price Sales
5.2163
Shares Float
57.8 M
Wall Street Target Price
21

Grid Dynamics Main Headline on 11th of December 2024

Grid Dynamics Holdings, Inc. CFO Anil Doradla sold 3,000 shares of Grid Dynamics stock in a transaction on Monday, December 9th. The shares were sold at an average price of 19.08, for a total transaction of 57,240.00. Following the completion of the sale, the chief financial officer now directly owns

Grid Dynamics Valuation on December 11, 2024

It is possible to determine the worth of Grid Dynamics on a given historical date. On December 11, 2024 Grid was worth 19.96 at the beginning of the trading date compared to the closed value of 19.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grid Dynamics stock. Still, in general, we apply an absolute valuation method to find Grid Dynamics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Grid Dynamics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grid Dynamics' related companies.
 Open High Low Close Volume
  19.28    20.34    19.07    20.00    888,943  
12/11/2024
  19.96    20.02    19.61    19.63    489,885  
  19.97    19.97    19.27    19.46    598,884  
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Open Value
19.96
19.63
Closing Value
28.42
Upside

Grid Dynamics Trading Date Momentum on December 11, 2024

On December 12 2024 Grid Dynamics Holdings was traded for  19.46  at the closing time. The top price for the day was 19.97  and the lowest listed price was  19.27 . The trading volume for the day was 598.9 K. The trading history from December 12, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.87% . The overall trading delta against the current closing price is 4.08% .

Grid Dynamics Holdings Fundamentals Correlations and Trends

By evaluating Grid Dynamics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Grid Dynamics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grid financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Grid Dynamics Stock history

Grid Dynamics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Grid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grid Dynamics Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Grid Dynamics stock prices may prove useful in developing a viable investing in Grid Dynamics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding75.2 M58.2 M
Net Loss-26.3 M-25 M

Grid Dynamics Quarterly Net Working Capital

268.76 Million

Grid Dynamics Stock Technical Analysis

Grid Dynamics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Grid Dynamics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grid Dynamics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Grid Dynamics Period Price Range

Low
December 25, 2024
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High

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Grid Dynamics December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Grid Dynamics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grid Dynamics shares will generate the highest return on investment. By undertsting and applying Grid Dynamics stock market strength indicators, traders can identify Grid Dynamics Holdings entry and exit signals to maximize returns

Grid Dynamics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Grid Dynamics' price direction in advance. Along with the technical and fundamental analysis of Grid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grid to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Grid Dynamics Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grid Dynamics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grid Dynamics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Grid Dynamics Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grid Dynamics. If investors know Grid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grid Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.582
Earnings Share
0.03
Revenue Per Share
4.304
Quarterly Revenue Growth
0.129
Return On Assets
(0.0004)
The market value of Grid Dynamics Holdings is measured differently than its book value, which is the value of Grid that is recorded on the company's balance sheet. Investors also form their own opinion of Grid Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Grid Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grid Dynamics' market value can be influenced by many factors that don't directly affect Grid Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grid Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Grid Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grid Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.