Grid Dynamics Holdings Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $11.74
- Today's High:
- $12.18
- Open Price:
- $11.74
- 52W Low:
- $8
- 52W High:
- $20.12
- Prev. Close:
- $11.86
- Volume:
- 274478
Company Statistics
- Market Cap.:
- $888.22 million
- Book Value:
- 4.866
- Revenue TTM:
- $319.16 million
- Operating Margin TTM:
- -1.25%
- Gross Profit TTM:
- $120.59 million
- Profit Margin:
- -5.86%
- Return on Assets TTM:
- -0.7%
- Return on Equity TTM:
- -6.24%
Company Profile
Grid Dynamics Holdings Inc had its IPO on 2018-10-30 under the ticker symbol GDYN.
The company operates in the Technology sector and Information Technology Services industry. Grid Dynamics Holdings Inc has a staff strength of 3,862 employees.
Stock update
Shares of Grid Dynamics Holdings Inc opened at $11.74 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $11.74 - $12.18, and closed at $11.97.
This is a +0.93% increase from the previous day's closing price.
A total volume of 274,478 shares were traded at the close of the day’s session.
In the last one week, shares of Grid Dynamics Holdings Inc have increased by +1.53%.
Grid Dynamics Holdings Inc's Key Ratios
Grid Dynamics Holdings Inc has a market cap of $888.22 million, indicating a price to book ratio of 2.3897 and a price to sales ratio of 2.7908.
In the last 12-months Grid Dynamics Holdings Inc’s revenue was $319.16 million with a gross profit of $120.59 million and an EBITDA of $3.13 million. The EBITDA ratio measures Grid Dynamics Holdings Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Grid Dynamics Holdings Inc’s operating margin was -1.25% while its return on assets stood at -0.7% with a return of equity of -6.24%.
In Q2, Grid Dynamics Holdings Inc’s quarterly earnings growth was a positive 94.1% while revenue growth was a positive 0%.
Grid Dynamics Holdings Inc’s PE and PEG Ratio
- Forward PE
- 131.5789
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-0.25 per share while it has a forward price to earnings multiple of 131.5789 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Grid Dynamics Holdings Inc’s profitability.
Grid Dynamics Holdings Inc stock is trading at a EV to sales ratio of 1.9861 and a EV to EBITDA ratio of -71.209. Its price to sales ratio in the trailing 12-months stood at 2.7908.
Grid Dynamics Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $431.24 million
- Total Liabilities
- $53.47 million
- Operating Cash Flow
- $-19994000.00
- Capital Expenditure
- $2.16 million
- Dividend Payout Ratio
- 0%
Grid Dynamics Holdings Inc ended 2024 with $431.24 million in total assets and $0 in total liabilities. Its intangible assets were valued at $431.24 million while shareholder equity stood at $366.56 million.
Grid Dynamics Holdings Inc ended 2024 with $0 in deferred long-term liabilities, $53.47 million in other current liabilities, 7000.00 in common stock, $-19464000.00 in retained earnings and $54.63 million in goodwill. Its cash balance stood at $246.18 million and cash and short-term investments were $246.18 million. The company’s total short-term debt was $4,154,000 while long-term debt stood at $0.
Grid Dynamics Holdings Inc’s total current assets stands at $321.47 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $58.90 million compared to accounts payable of $5.30 million and inventory worth $16.08 million.
In 2024, Grid Dynamics Holdings Inc's operating cash flow was $-19994000.00 while its capital expenditure stood at $2.16 million.
Comparatively, Grid Dynamics Holdings Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $11.97
- 52-Week High
- $20.12
- 52-Week Low
- $8
- Analyst Target Price
- $13.4
Grid Dynamics Holdings Inc stock is currently trading at $11.97 per share. It touched a 52-week high of $20.12 and a 52-week low of $20.12. Analysts tracking the stock have a 12-month average target price of $13.4.
Its 50-day moving average was $10.88 and 200-day moving average was $10.96 The short ratio stood at 6.2 indicating a short percent outstanding of 0%.
Around 2527.2% of the company’s stock are held by insiders while 7227.5% are held by institutions.
Frequently Asked Questions About Grid Dynamics Holdings Inc
Similar Industry Stocks (Information Technology Services)
Most Active
Top Gainers
Top Losers
About
Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise-level digital transformation services in the areas of search, analytics, and release automation for Fortune 1000 corporations in North America, Europe, and internationally. It works in collaboration with its clients on digital transformation initiatives that cover strategy consulting, early prototypes, and enterprise-scale delivery of new digital platforms. The company offers technical consulting, software design, development, testing, and internet service operations services. It serves customers that operate in the retail, technology and telecommunications, media, consumer packaged goods/manufacturing, financial services, and other sectors. The company was formerly known as ChaSerg Technology Acquisition Corp. and changed its name to Grid Dynamics Holdings, Inc. Grid Dynamics Holdings, Inc. was founded in 2006 and is headquartered in San Ramon, California.