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GDEV Inc.
Buy, Hold or Sell?

Let's analyse Gdev together

PenkeI guess you are interested in GDEV Inc.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of GDEV Inc.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Gdev (30 sec.)










What can you expect buying and holding a share of Gdev? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
60.0%

What is your share worth?

Current worth
$-0.56
Expected worth in 1 year
$-0.76
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
$-0.19
Return On Investment
-8.5%

For what price can you sell your share?

Current Price per Share
$2.28
Expected price per share
$2.2 - $2.3
How sure are you?
50%

1. Valuation of Gdev (5 min.)




Live pricePrice per Share (EOD)

$2.28

Intrinsic Value Per Share

$-1.64 - $-2.21

Total Value Per Share

$-2.20 - $-2.78

2. Growth of Gdev (5 min.)




Is Gdev growing?

Current yearPrevious yearGrowGrow %
How rich?-$111.5m-$125.2m-$10.9m-8.1%

How much money is Gdev making?

Current yearPrevious yearGrowGrow %
Making money-$39.3m$27m-$66.4m-168.7%
Net Profit Margin-39.6%21.7%--

How much money comes from the company's main activities?

3. Financial Health of Gdev (5 min.)




4. Comparing to competitors in the Electronic Gaming & Multimedia industry (5 min.)




  Industry Rankings (Electronic Gaming & Multimedia)  


Richest
#130 / 131

Most Revenue
#40 / 131

Most Profit
#121 / 131

Most Efficient
#103 / 131

What can you expect buying and holding a share of Gdev? (5 min.)

Welcome investor! Gdev's management wants to use your money to grow the business. In return you get a share of Gdev.

What can you expect buying and holding a share of Gdev?

First you should know what it really means to hold a share of Gdev. And how you can make/lose money.

Speculation

The Price per Share of Gdev is $2.28. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Gdev.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Gdev, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $-0.56. Based on the TTM, the Book Value Change Per Share is $-0.05 per quarter. Based on the YOY, the Book Value Change Per Share is $0.13 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Gdev.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.125.3%-0.05-2.3%0.135.7%-0.02-1.1%-0.02-1.1%
Usd Book Value Change Per Share0.125.4%-0.05-2.1%0.135.8%-0.04-1.7%-0.04-1.7%
Usd Dividend Per Share0.000.0%0.000.0%0.010.5%0.083.6%0.083.6%
Usd Total Gains Per Share0.125.4%-0.05-2.1%0.156.4%0.041.9%0.041.9%
Usd Price Per Share2.82-5.58-6.80-5.74-5.74-
Price to Earnings Ratio5.88-29.02-14.07-12.88-12.88-
Price-to-Total Gains Ratio22.95-855.64-100.75-318.87-318.87-
Price to Book Ratio-4.99--7.92--11.72--9.01--9.01-
Price-to-Total Gains Ratio22.95-855.64-100.75-318.87-318.87-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.28
Number of shares438
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.08
Usd Book Value Change Per Share-0.05-0.04
Usd Total Gains Per Share-0.050.04
Gains per Quarter (438 shares)-21.1319.25
Gains per Year (438 shares)-84.5377.01
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-85-95143-6667
20-169-180286-132144
30-254-265429-198221
40-338-350572-264298
50-423-435715-330375
60-507-520858-396452
70-592-6051001-462529
80-676-6901144-528606
90-761-7751287-594683
100-845-8601430-660760

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%8.04.00.066.7%10.05.00.066.7%10.05.00.066.7%10.05.00.066.7%
Book Value Change Per Share3.01.00.075.0%7.03.02.058.3%7.03.05.046.7%7.03.05.046.7%7.03.05.046.7%
Dividend per Share0.00.04.00.0%6.00.06.050.0%9.00.06.060.0%9.00.06.060.0%9.00.06.060.0%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%12.03.00.080.0%12.03.00.080.0%12.03.00.080.0%

Fundamentals of Gdev

About GDEV Inc.

GDEV Inc. operates as a gaming and entertainment company in the United States, Europe, Asia, and internationally. It develops desktop, mobile, web, and social games. The company was formerly known as Nexters Inc. and changed its name to GDEV Inc. in June 2023. GDEV Inc. was founded in 2010 and is headquartered in Limassol, Cyprus.

Fundamental data was last updated by Penke on 2024-03-09 18:26:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is unable to pay all its debts by selling its assets.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of GDEV Inc..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Gdev earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Gdev to the Electronic Gaming & Multimedia industry mean.
  • A Net Profit Margin of 19.5% means that $0.20 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of GDEV Inc.:

  • The MRQ is 19.5%. The company is making a huge profit. +2
  • The TTM is -39.6%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ19.5%TTM-39.6%+59.1%
TTM-39.6%YOY21.7%-61.3%
TTM-39.6%5Y-13.1%-26.5%
5Y-13.1%10Y-13.1%0.0%
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ19.5%-4.0%+23.5%
TTM-39.6%1.1%-40.7%
YOY21.7%3.0%+18.7%
5Y-13.1%0.9%-14.0%
10Y-13.1%1.9%-15.0%
1.1.2. Return on Assets

Shows how efficient Gdev is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Gdev to the Electronic Gaming & Multimedia industry mean.
  • 7.7% Return on Assets means that Gdev generated $0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of GDEV Inc.:

  • The MRQ is 7.7%. Using its assets, the company is efficient in making profit. +1
  • The TTM is -12.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ7.7%TTM-12.0%+19.7%
TTM-12.0%YOY7.7%-19.7%
TTM-12.0%5Y-4.5%-7.6%
5Y-4.5%10Y-4.5%0.0%
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ7.7%-0.6%+8.3%
TTM-12.0%0.1%-12.1%
YOY7.7%0.7%+7.0%
5Y-4.5%0.3%-4.8%
10Y-4.5%0.9%-5.4%
1.1.3. Return on Equity

Shows how efficient Gdev is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Gdev to the Electronic Gaming & Multimedia industry mean.
  • 0.0% Return on Equity means Gdev generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of GDEV Inc.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ--0.4%+0.4%
TTM-0.2%-0.2%
YOY-1.2%-1.2%
5Y-0.6%-0.6%
10Y-1.5%-1.5%

1.2. Operating Efficiency of GDEV Inc..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Gdev is operating .

  • Measures how much profit Gdev makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Gdev to the Electronic Gaming & Multimedia industry mean.
  • An Operating Margin of 25.7% means the company generated $0.26  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of GDEV Inc.:

  • The MRQ is 25.7%. The company is operating very efficient. +2
  • The TTM is 9.3%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ25.7%TTM9.3%+16.4%
TTM9.3%YOY27.5%-18.2%
TTM9.3%5Y15.4%-6.0%
5Y15.4%10Y15.4%0.0%
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ25.7%-3.5%+29.2%
TTM9.3%1.6%+7.7%
YOY27.5%5.8%+21.7%
5Y15.4%3.7%+11.7%
10Y15.4%3.9%+11.5%
1.2.2. Operating Ratio

Measures how efficient Gdev is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electronic Gaming & Multimedia industry mean).
  • An Operation Ratio of 0.75 means that the operating costs are $0.75 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of GDEV Inc.:

  • The MRQ is 0.751. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.903. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.751TTM0.903-0.152
TTM0.903YOY0.725+0.178
TTM0.9035Y0.918-0.015
5Y0.91810Y0.9180.000
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7511.230-0.479
TTM0.9031.171-0.268
YOY0.7251.050-0.325
5Y0.9181.083-0.165
10Y0.9181.005-0.087

1.3. Liquidity of GDEV Inc..

1.3. Liquidity
1.3.1. Current Ratio

Measures if Gdev is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electronic Gaming & Multimedia industry mean).
  • A Current Ratio of 0.66 means the company has $0.66 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of GDEV Inc.:

  • The MRQ is 0.659. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.590. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.659TTM0.590+0.069
TTM0.590YOY0.558+0.032
TTM0.5905Y0.398+0.192
5Y0.39810Y0.3980.000
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6592.274-1.615
TTM0.5902.300-1.710
YOY0.5582.717-2.159
5Y0.3982.717-2.319
10Y0.3982.644-2.246
1.3.2. Quick Ratio

Measures if Gdev is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Gdev to the Electronic Gaming & Multimedia industry mean.
  • A Quick Ratio of 0.91 means the company can pay off $0.91 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of GDEV Inc.:

  • The MRQ is 0.907. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.761. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.907TTM0.761+0.146
TTM0.761YOY0.527+0.235
TTM0.7615Y0.432+0.329
5Y0.43210Y0.4320.000
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9071.329-0.422
TTM0.7611.703-0.942
YOY0.5271.722-1.195
5Y0.4321.940-1.508
10Y0.4321.864-1.432

1.4. Solvency of GDEV Inc..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Gdev assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Gdev to Electronic Gaming & Multimedia industry mean.
  • A Debt to Asset Ratio of 1.36 means that Gdev assets are financed with 136.3% credit (debt) and the remaining percentage (100% - 136.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of GDEV Inc.:

  • The MRQ is 1.363. The company is unable to pay all its debts by selling its assets. -2
  • The TTM is 1.434. The company is unable to pay all its debts by selling its assets. -2
Trends
Current periodCompared to+/- 
MRQ1.363TTM1.434-0.071
TTM1.434YOY1.376+0.058
TTM1.4345Y1.180+0.254
5Y1.18010Y1.1800.000
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3630.280+1.083
TTM1.4340.312+1.122
YOY1.3760.281+1.095
5Y1.1800.306+0.874
10Y1.1800.333+0.847
1.4.2. Debt to Equity Ratio

Measures if Gdev is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Gdev to the Electronic Gaming & Multimedia industry mean.
  • A Debt to Equity ratio of 0.0% means that company has $0.00 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of GDEV Inc.:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.371-0.371
TTM-0.397-0.397
YOY-0.367-0.367
5Y-0.434-0.434
10Y-0.412-0.412

2. Market Valuation of GDEV Inc.

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Gdev generates.

  • Above 15 is considered overpriced but always compare Gdev to the Electronic Gaming & Multimedia industry mean.
  • A PE ratio of 5.88 means the investor is paying $5.88 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of GDEV Inc.:

  • The EOD is 4.752. Based on the earnings, the company is cheap. +2
  • The MRQ is 5.877. Based on the earnings, the company is cheap. +2
  • The TTM is 29.021. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD4.752MRQ5.877-1.125
MRQ5.877TTM29.021-23.144
TTM29.021YOY14.067+14.954
TTM29.0215Y12.875+16.146
5Y12.87510Y12.8750.000
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
EOD4.752-0.373+5.125
MRQ5.877-0.712+6.589
TTM29.0211.605+27.416
YOY14.06713.046+1.021
5Y12.87515.401-2.526
10Y12.87514.081-1.206
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of GDEV Inc.:

  • The EOD is 13.973. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 17.282. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 20.588. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD13.973MRQ17.282-3.309
MRQ17.282TTM20.588-3.306
TTM20.588YOY9.225+11.363
TTM20.5885Y6.949+13.639
5Y6.94910Y6.9490.000
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
EOD13.973-0.348+14.321
MRQ17.282-0.536+17.818
TTM20.588-0.800+21.388
YOY9.2250.176+9.049
5Y6.9493.620+3.329
10Y6.9493.745+3.204
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Gdev is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Electronic Gaming & Multimedia industry mean).
  • A PB ratio of -4.99 means the investor is paying $-4.99 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of GDEV Inc.:

  • The EOD is -4.037. Based on the equity, the company is expensive. -2
  • The MRQ is -4.993. Based on the equity, the company is expensive. -2
  • The TTM is -7.923. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.037MRQ-4.993+0.956
MRQ-4.993TTM-7.923+2.930
TTM-7.923YOY-11.717+3.794
TTM-7.9235Y-9.014+1.090
5Y-9.01410Y-9.0140.000
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
EOD-4.0371.882-5.919
MRQ-4.9932.274-7.267
TTM-7.9232.251-10.174
YOY-11.7172.824-14.541
5Y-9.0143.418-12.432
10Y-9.0143.574-12.588
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of GDEV Inc..

3.1. Institutions holding GDEV Inc.

Institutions are holding 0.088% of the shares of GDEV Inc..

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30Deutsche Bank AG0.04150.000282000-15000-15.4639
2023-09-30Morgan Stanley - Brokerage Accounts0.003607152-29599-80.5393
2023-09-30UBS Group AG0.000304964960
2023-09-30Bank of America Corp0.00010200100100
2023-09-30IFP Advisors, LLC0079790
2023-09-30JPMorgan Chase & Co0015150
2023-09-30Goldman Sachs Group Inc000-12258-100
2023-09-30Barclays PLC000-262-100
Total 0.04550.000289942-56429-62.7%

3.2. Funds holding GDEV Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31DWS Russia LC EUR Acc0.04151.76197500000
2023-06-15Deutsche DWS Russia Equity Mother Fund0.00460.00018300-92-1.0963
Total 0.04611.76283300-92-0.1%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of GDEV Inc. compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.123-0.048+139%0.133-8%-0.038+131%-0.038+131%
Book Value Per Share---0.565-0.689+22%-0.634+12%-0.545-4%-0.545-4%
Current Ratio--0.6590.590+12%0.558+18%0.398+66%0.398+66%
Debt To Asset Ratio--1.3631.434-5%1.376-1%1.180+15%1.180+15%
Debt To Equity Ratio----0%-0%-0%-0%
Dividend Per Share----0%0.012-100%0.082-100%0.082-100%
Eps--0.120-0.053+144%0.129-7%-0.024+120%-0.024+120%
Free Cash Flow Per Share--0.0410.068-40%0.211-81%0.135-70%0.135-70%
Free Cash Flow To Equity Per Share--0.0350.065-47%0.196-82%0.099-65%0.099-65%
Gross Profit Margin---0.729-0.085-88%-0.789+8%1.094-167%1.094-167%
Intrinsic Value_10Y_max---2.211--------
Intrinsic Value_10Y_min---1.636--------
Intrinsic Value_1Y_max--0.433--------
Intrinsic Value_1Y_min--0.426--------
Intrinsic Value_3Y_max--0.803--------
Intrinsic Value_3Y_min--0.777--------
Intrinsic Value_5Y_max--0.571--------
Intrinsic Value_5Y_min--0.573--------
Market Cap450149520.000-24%556763880.0001102346443.059-49%1344265413.490-59%1133510675.080-51%1133510675.080-51%
Net Profit Margin--0.195-0.396+303%0.217-10%-0.131+167%-0.131+167%
Operating Margin--0.2570.093+175%0.275-6%0.154+67%0.154+67%
Operating Ratio--0.7510.903-17%0.725+4%0.918-18%0.918-18%
Pb Ratio-4.037+19%-4.993-7.923+59%-11.717+135%-9.014+81%-9.014+81%
Pe Ratio4.752-24%5.87729.021-80%14.067-58%12.875-54%12.875-54%
Price Per Share2.280-24%2.8205.579-49%6.800-59%5.738-51%5.738-51%
Price To Free Cash Flow Ratio13.973-24%17.28220.588-16%9.225+87%6.949+149%6.949+149%
Price To Total Gains Ratio18.558-24%22.953855.642-97%100.746-77%318.870-93%318.870-93%
Quick Ratio--0.9070.761+19%0.527+72%0.432+110%0.432+110%
Return On Assets--0.077-0.120+256%0.077+1%-0.045+158%-0.045+158%
Return On Equity----0%-0%-0%-0%
Total Gains Per Share--0.123-0.048+139%0.145-15%0.044+179%0.044+179%
Usd Book Value---111512000.000-136208250.000+22%-125225750.000+12%-107568466.667-4%-107568466.667-4%
Usd Book Value Change Per Share--0.123-0.048+139%0.133-8%-0.038+131%-0.038+131%
Usd Book Value Per Share---0.565-0.689+22%-0.634+12%-0.545-4%-0.545-4%
Usd Dividend Per Share----0%0.012-100%0.082-100%0.082-100%
Usd Eps--0.120-0.053+144%0.129-7%-0.024+120%-0.024+120%
Usd Free Cash Flow--8054000.00013349856.000-40%41651500.000-81%26744361.600-70%26744361.600-70%
Usd Free Cash Flow Per Share--0.0410.068-40%0.211-81%0.135-70%0.135-70%
Usd Free Cash Flow To Equity Per Share--0.0350.065-47%0.196-82%0.099-65%0.099-65%
Usd Market Cap450149520.000-24%556763880.0001102346443.059-49%1344265413.490-59%1133510675.080-51%1133510675.080-51%
Usd Price Per Share2.280-24%2.8205.579-49%6.800-59%5.738-51%5.738-51%
Usd Profit--23683000.000-39382000.000+266%27042000.000-12%-12373733.333+152%-12373733.333+152%
Usd Revenue--121295000.000110564750.000+10%123933750.000-2%100693066.667+20%100693066.667+20%
Usd Total Gains Per Share--0.123-0.048+139%0.145-15%0.044+179%0.044+179%
 EOD+3 -5MRQTTM+21 -11YOY+10 -245Y+16 -1810Y+16 -18

4.2. Fundamental Score

Let's check the fundamental score of GDEV Inc. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-154.752
Price to Book Ratio (EOD)Between0-1-4.037
Net Profit Margin (MRQ)Greater than00.195
Operating Margin (MRQ)Greater than00.257
Quick Ratio (MRQ)Greater than10.907
Current Ratio (MRQ)Greater than10.659
Debt to Asset Ratio (MRQ)Less than11.363
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.050.077
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of GDEV Inc. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.916
Ma 20Greater thanMa 502.281
Ma 50Greater thanMa 1002.287
Ma 100Greater thanMa 2002.341
OpenGreater thanClose2.300
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets307,516
Total Liabilities419,028
Total Stockholder Equity-111,512
 As reported
Total Liabilities 419,028
Total Stockholder Equity+ -111,512
Total Assets = 307,516

Assets

Total Assets307,516
Total Current Assets198,619
Long-term Assets108,897
Total Current Assets
Cash And Cash Equivalents 61,003
Short-term Investments 83,930
Net Receivables 44,562
Inventory 6,689
Other Current Assets 2,435
Total Current Assets  (as reported)198,619
Total Current Assets  (calculated)198,619
+/-0
Long-term Assets
Property Plant Equipment 4,157
Goodwill 1,836
Long Term Investments 16,211
Intangible Assets 9,611
Long-term Assets Other 76,979
Long-term Assets  (as reported)108,897
Long-term Assets  (calculated)108,794
+/- 103

Liabilities & Shareholders' Equity

Total Current Liabilities301,331
Long-term Liabilities117,697
Total Stockholder Equity-111,512
Total Current Liabilities
Short-term Debt 1,242
Accounts payable 13,960
Other Current Liabilities 47,139
Total Current Liabilities  (as reported)301,331
Total Current Liabilities  (calculated)62,341
+/- 238,990
Long-term Liabilities
Capital Lease Obligations 2,208
Long-term Liabilities  (as reported)117,697
Long-term Liabilities  (calculated)2,208
+/- 115,489
Total Stockholder Equity
Retained Earnings -285,168
Accumulated Other Comprehensive Income 4,890
Other Stockholders Equity 168,766
Total Stockholder Equity (as reported)-111,512
Total Stockholder Equity (calculated)-111,512
+/-0
Other
Cash and Short Term Investments 144,933
Common Stock Shares Outstanding 197,390
Current Deferred Revenue238,990
Liabilities and Stockholders Equity 307,516
Net Debt -58,795
Net Invested Capital -111,512
Net Working Capital -102,712
Property Plant and Equipment Gross 4,157
Short Long Term Debt Total 2,208



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-31
> Total Assets 
0
0
0
211,554
0
218,857
273,673
312,983
312,983
373,254
382,958
322,044
322,044
302,156
307,516
307,516302,156322,044322,044382,958373,254312,983312,983273,673218,8570211,554000
   > Total Current Assets 
18,475
0
0
120,676
86,602
109,145
156,335
191,149
191,149
158,450
175,321
188,866
188,866
185,309
198,619
198,619185,309188,866188,866175,321158,450191,149191,149156,335109,14586,602120,6760018,475
       Cash And Cash Equivalents 
-18,475
0
0
84,557
-86,602
40,898
105,453
142,802
142,802
91,378
131,526
86,774
86,774
68,581
61,003
61,00368,58186,77486,774131,52691,378142,802142,802105,45340,898-86,60284,55700-18,475
       Short-term Investments 
36,950
0
0
0
173,204
0
0
0
0
0
3,121
50,365
50,365
69,308
83,930
83,93069,30850,36550,3653,12100000173,20400036,950
       Net Receivables 
0
0
0
30,937
0
65,164
44,850
42,750
42,750
44,679
33,986
42,902
42,902
39,565
44,562
44,56239,56542,90242,90233,98644,67942,75042,75044,85065,164030,937000
       Other Current Assets 
0
0
0
0
0
3,083
6,032
0
3,267
3,267
3,267
2,512
2,512
2,512
2,435
2,4352,5122,5122,5123,2673,2673,26706,0323,08300000
   > Long-term Assets 
0
0
0
90,878
0
109,712
117,338
121,834
121,834
214,804
207,637
133,178
133,178
116,847
108,897
108,897116,847133,178133,178207,637214,804121,834121,834117,338109,712090,878000
       Property Plant Equipment 
0
0
0
1,215
0
2,867
2,528
3,402
3,402
2,249
2,350
2,248
2,248
2,352
4,157
4,1572,3522,2482,2482,3502,2493,4023,4022,5282,86701,215000
       Goodwill 
0
0
0
0
0
1,473
1,473
1,501
1,501
48,900
49,241
1,836
1,836
1,836
1,836
1,8361,8361,8361,83649,24148,9001,5011,5011,4731,47300000
       Long Term Investments 
0
0
0
0
0
0
0
0
26,806
22,051
17,719
17,903
0
18,533
16,211
16,21118,533017,90317,71922,05126,80600000000
       Intangible Assets 
0
0
0
76
0
128
145
266
266
15,553
14,297
12,977
12,977
10,763
9,611
9,61110,76312,97712,97714,29715,553266266145128076000
       Other Assets 
0
0
0
0
0
105,244
113,192
116,665
135,671
126,051
124,030
98,214
83,363
83,363
0
083,36383,36398,214124,030126,051135,671116,665113,192105,24400000
> Total Liabilities 
0
0
0
313,462
0
404,218
452,287
474,031
474,031
478,452
456,567
470,820
470,820
437,925
419,028
419,028437,925470,820470,820456,567478,452474,031474,031452,287404,2180313,462000
   > Total Current Liabilities 
0
0
0
233,424
0
298,053
313,876
322,825
322,825
326,832
311,817
332,402
332,402
328,081
301,331
301,331328,081332,402332,402311,817326,832322,825322,825313,876298,0530233,424000
       Short-term Debt 
0
0
0
342
0
1,274
860
831
831
886
715
743
743
771
1,242
1,2427717437437158868318318601,2740342000
       Accounts payable 
0
0
0
9,793
0
36,424
19,353
16,191
16,191
5,591
8,274
22,295
22,295
14,961
13,960
13,96014,96122,29522,2958,2745,59116,19116,19119,35336,42409,793000
       Other Current Liabilities 
0
0
0
7,727
0
534
11,566
11,196
11,196
22,029
16,860
13,812
13,812
40,825
47,139
47,13940,82513,81213,81216,86022,02911,19611,19611,56653407,727000
   > Long-term Liabilities 
0
0
0
80,038
0
106,165
138,411
151,206
151,206
151,620
144,750
138,418
138,418
109,844
117,697
117,697109,844138,418138,418144,750151,620151,206151,206138,411106,165080,038000
       Other Liabilities 
0
0
0
0
0
105,597
137,870
150,103
166,897
151,203
144,148
137,974
109,734
109,734
0
0109,734109,734137,974144,148151,203166,897150,103137,870105,59700000
       Deferred Long Term Liability 
0
0
0
0
0
105,227
113,185
116,533
113,902
105,440
96,421
94,682
83,197
83,197
0
083,19783,19794,68296,421105,440113,902116,533113,185105,22700000
> Total Stockholder Equity
-48,569
0
0
-101,908
-101,908
-185,361
-178,614
-161,092
-161,092
-104,917
-73,609
-148,776
-148,776
-135,769
-111,512
-111,512-135,769-148,776-148,776-73,609-104,917-161,092-161,092-178,614-185,361-101,908-101,90800-48,569
   Common Stock
0
0
0
27
0
27
0
0
0
0
0
0
0
0
0
00000000027027000
   Retained Earnings Total Equity000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
12,084
0
8,112
163,882
166,405
166,405
169,517
169,625
3,493
3,493
4,474
4,890
4,8904,4743,4933,493169,625169,517166,405166,405163,8828,112012,084000
   Capital Surplus 000000000000000
   Treasury Stock000000000000000
   Other Stockholders Equity 
0
0
0
0
0
8,112
163,882
166,405
165,095
169,517
169,625
167,925
167,925
168,608
168,766
168,766168,608167,925167,925169,625169,517165,095166,405163,8828,11200000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue454,327
Cost of Revenue-161,310
Gross Profit293,017293,017
 
Operating Income (+$)
Gross Profit293,017
Operating Expense-406,460
Operating Income47,867-113,443
 
Operating Expense (+$)
Research Development-
Selling General Administrative238,245
Selling And Marketing Expenses-
Operating Expense406,460238,245
 
Net Interest Income (+$)
Interest Income3,878
Interest Expense-2,123
Other Finance Cost-222
Net Interest Income1,533
 
Pretax Income (+$)
Operating Income47,867
Net Interest Income1,533
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-39,926137,193
EBIT - interestExpense = -2,123
-41,934
-39,811
Interest Expense2,123
Earnings Before Interest and Taxes (EBIT)--37,803
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-39,926
Tax Provision-2,008
Net Income From Continuing Ops-41,934-41,934
Net Income-41,934
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-89,326-1,533
 

Technical Analysis of Gdev
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Gdev. The general trend of Gdev is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Gdev's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of GDEV Inc..

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 2.3 < 2.3 < 2.3.

The bearish price targets are: 2.227 > 2.2 > 2.2.

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GDEV Inc. Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of GDEV Inc.. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

GDEV Inc. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of GDEV Inc.. The current macd is 0.00548898.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Gdev price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Gdev. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Gdev price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
GDEV Inc. Daily Moving Average Convergence/Divergence (MACD) ChartGDEV Inc. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of GDEV Inc.. The current adx is 17.22.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Gdev shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
GDEV Inc. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of GDEV Inc.. The current sar is 2.22463581.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
GDEV Inc. Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of GDEV Inc.. The current rsi is 49.92. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
GDEV Inc. Daily Relative Strength Index (RSI) ChartGDEV Inc. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of GDEV Inc.. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Gdev price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
GDEV Inc. Daily Stochastic Oscillator ChartGDEV Inc. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of GDEV Inc.. The current cci is 32.22.

GDEV Inc. Daily Commodity Channel Index (CCI) ChartGDEV Inc. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of GDEV Inc.. The current cmo is -2.05651438.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
GDEV Inc. Daily Chande Momentum Oscillator (CMO) ChartGDEV Inc. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of GDEV Inc.. The current willr is -27.39726027.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Gdev is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
GDEV Inc. Daily Williams %R ChartGDEV Inc. Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of GDEV Inc..

GDEV Inc. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of GDEV Inc.. The current atr is 0.047775.

GDEV Inc. Daily Average True Range (ATR) ChartGDEV Inc. Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of GDEV Inc.. The current obv is 1,036,230.

GDEV Inc. Daily On-Balance Volume (OBV) ChartGDEV Inc. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of GDEV Inc.. The current mfi is 71.65.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
GDEV Inc. Daily Money Flow Index (MFI) ChartGDEV Inc. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for GDEV Inc..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-01BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-02MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

GDEV Inc. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of GDEV Inc. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.916
Ma 20Greater thanMa 502.281
Ma 50Greater thanMa 1002.287
Ma 100Greater thanMa 2002.341
OpenGreater thanClose2.300
Total1/5 (20.0%)
Penke

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