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Grid Dynamics Holdings Inc
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Let's analyse Grid Dynamics Holdings Inc together

PenkeI guess you are interested in Grid Dynamics Holdings 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 Grid Dynamics Holdings 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 Grid Dynamics Holdings Inc (30 sec.)










What can you expect buying and holding a share of Grid Dynamics Holdings Inc? (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?
9.1%

What is your share worth?

Current worth
$5.00
Expected worth in 1 year
$5.26
How sure are you?
81.8%

+ What do you gain per year?

Total Gains per Share
$0.26
Return On Investment
2.7%

For what price can you sell your share?

Current Price per Share
$9.45
Expected price per share
$8.53 - $10.89
How sure are you?
50%

1. Valuation of Grid Dynamics Holdings Inc (5 min.)




Live pricePrice per Share (EOD)

$9.45

Intrinsic Value Per Share

$0.98 - $1.05

Total Value Per Share

$5.99 - $6.05

2. Growth of Grid Dynamics Holdings Inc (5 min.)




Is Grid Dynamics Holdings Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$382.8m$327.4m$48.8m13.0%

How much money is Grid Dynamics Holdings Inc making?

Current yearPrevious yearGrowGrow %
Making money$564.2k-$8.3m$8.8m1,573.2%
Net Profit Margin0.8%-10.5%--

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

3. Financial Health of Grid Dynamics Holdings Inc (5 min.)




4. Comparing to competitors in the Information Technology Services industry (5 min.)




  Industry Rankings (Information Technology Services)  


Richest
#104 / 393

Most Revenue
#181 / 393

Most Profit
#237 / 393

Most Efficient
#252 / 393

What can you expect buying and holding a share of Grid Dynamics Holdings Inc? (5 min.)

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

What can you expect buying and holding a share of Grid Dynamics Holdings Inc?

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

Speculation

The Price per Share of Grid Dynamics Holdings Inc is $9.45. 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 Grid Dynamics Holdings Inc.
  • 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 Grid Dynamics Holdings Inc, 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 $5.00. Based on the TTM, the Book Value Change Per Share is $0.06 per quarter. Based on the YOY, the Book Value Change Per Share is $0.43 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 Grid Dynamics Holdings Inc.

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 Eps-0.05-0.5%0.010.1%-0.11-1.2%-0.03-0.3%-0.03-0.3%
Usd Book Value Change Per Share0.101.0%0.060.7%0.434.6%0.111.2%0.232.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.101.0%0.060.7%0.434.6%0.111.2%0.232.4%
Usd Price Per Share12.29-11.76-14.56-14.19-13.79-
Price to Earnings Ratio-59.55-111.52--34.44--37.35--12.67-
Price-to-Total Gains Ratio128.43-220.50-283.94-352.58-320.26-
Price to Book Ratio2.46-2.41-3.60-5.35-6.03-
Price-to-Total Gains Ratio128.43-220.50-283.94-352.58-320.26-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share9.45
Number of shares105
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.060.11
Usd Total Gains Per Share0.060.11
Gains per Quarter (105 shares)6.7811.70
Gains per Year (105 shares)27.1246.82
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10271714637
20544419384
3081712139131
40108982185178
501361253231225
601631523278272
701901794324319
802172064370366
902442335416413
1002712605463460

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%3.09.00.025.0%6.014.00.030.0%8.014.00.036.4%8.014.00.036.4%
Book Value Change Per Share4.00.00.0100.0%10.01.01.083.3%16.03.01.080.0%18.03.01.081.8%18.03.01.081.8%
Dividend per Share0.00.04.00.0%0.00.012.00.0%1.00.019.05.0%2.00.020.09.1%2.00.020.09.1%
Total Gains per Share4.00.00.0100.0%10.01.01.083.3%16.03.01.080.0%18.03.01.081.8%18.03.01.081.8%

Fundamentals of Grid Dynamics Holdings Inc

About Grid Dynamics Holdings Inc

Grid Dynamics Holdings, Inc., together with its subsidiaries, provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally. It offers cloud platform and product engineering services, such as architecting, designing, and building scalable and secure cloud-based platforms and business applications; and AI/machine learning and data platform engineering services that build platforms to facilitate batch and streaming data ingestion, quality governance, orchestration, semantic modeling, observability, and analysis at scale. The company provides digital engagement services, including digital ecosystem design and implementation; and supply chain, Internet of Thing, and advanced manufacturing, which focuses on transforming traditional operations into smart and connected ecosystems. It serves customers that operate in the tech, media, telecommunications, retail, consumer packaged goods, manufacturing, and finance industries. 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.

Fundamental data was last updated by Penke on 2024-05-27 16:10:03.

Financial Health

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

Valuation

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

1.1. Profitability of Grid Dynamics Holdings Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Grid Dynamics Holdings Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare¬†Grid Dynamics Holdings Inc to the¬†Information Technology Services industry mean.
  • A Net Profit Margin of -4.9%¬†means that¬†$-0.05 for each $1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Grid Dynamics Holdings Inc:

  • The MRQ is -4.9%. The company is making a loss. -1
  • The TTM is 0.8%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ-4.9%TTM0.8%-5.7%
TTM0.8%YOY-10.5%+11.2%
TTM0.8%5Y-3.4%+4.2%
5Y-3.4%10Y-2.8%-0.6%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.9%4.0%-8.9%
TTM0.8%3.3%-2.5%
YOY-10.5%3.8%-14.3%
5Y-3.4%3.5%-6.9%
10Y-2.8%3.5%-6.3%
1.1.2. Return on Assets

Shows how efficient Grid Dynamics Holdings Inc is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Grid Dynamics Holdings Inc to the¬†Information Technology Services industry mean.
  • -0.9% Return on Assets means that¬†Grid Dynamics Holdings Inc generated¬†$-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Grid Dynamics Holdings Inc:

  • The MRQ is -0.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-0.9%TTM0.1%-1.0%
TTM0.1%YOY-2.4%+2.6%
TTM0.1%5Y-0.8%+0.9%
5Y-0.8%10Y-0.6%-0.2%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.9%1.2%-2.1%
TTM0.1%1.3%-1.2%
YOY-2.4%1.3%-3.7%
5Y-0.8%1.3%-2.1%
10Y-0.6%1.3%-1.9%
1.1.3. Return on Equity

Shows how efficient Grid Dynamics Holdings Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Grid Dynamics Holdings Inc to the¬†Information Technology Services industry mean.
  • -1.0% Return on Equity means Grid Dynamics Holdings Inc generated $-0.01¬†for each¬†$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Grid Dynamics Holdings Inc:

  • The MRQ is -1.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 0.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-1.0%TTM0.2%-1.2%
TTM0.2%YOY-2.8%+3.0%
TTM0.2%5Y7.0%-6.8%
5Y7.0%10Y7.1%-0.1%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.0%2.8%-3.8%
TTM0.2%2.8%-2.6%
YOY-2.8%3.0%-5.8%
5Y7.0%3.1%+3.9%
10Y7.1%3.0%+4.1%

1.2. Operating Efficiency of Grid Dynamics Holdings Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Grid Dynamics Holdings Inc is operating .

  • Measures how much profit Grid Dynamics Holdings Inc 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¬†Grid Dynamics Holdings Inc to the¬†Information Technology Services industry mean.
  • An Operating Margin of -6.2%¬†means the company generated $-0.06 ¬†for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Grid Dynamics Holdings Inc:

  • The MRQ is -6.2%. The company is operating very inefficient. -2
  • The TTM is 1.3%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ-6.2%TTM1.3%-7.5%
TTM1.3%YOY-9.2%+10.6%
TTM1.3%5Y-2.2%+3.5%
5Y-2.2%10Y-1.3%-0.9%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.2%7.3%-13.5%
TTM1.3%3.5%-2.2%
YOY-9.2%5.1%-14.3%
5Y-2.2%5.0%-7.2%
10Y-1.3%4.6%-5.9%
1.2.2. Operating Ratio

Measures how efficient Grid Dynamics Holdings Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Information Technology Services industry mean).
  • An Operation Ratio of 1.06 means that the operating costs are $1.06 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Grid Dynamics Holdings Inc:

  • The MRQ is 1.062. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.014. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.062TTM1.014+0.048
TTM1.014YOY1.085-0.070
TTM1.0145Y1.023-0.009
5Y1.02310Y1.041-0.018
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0621.217-0.155
TTM1.0141.185-0.171
YOY1.0851.037+0.048
5Y1.0231.076-0.053
10Y1.0411.054-0.013

1.3. Liquidity of Grid Dynamics Holdings Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Grid Dynamics Holdings Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Information Technology Services industry mean).
  • A Current Ratio of 7.48¬†means the company has $7.48 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Grid Dynamics Holdings Inc:

  • The MRQ is 7.479. The company is very able to pay all its short-term debts. +2
  • The TTM is 6.845. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ7.479TTM6.845+0.635
TTM6.845YOY8.044-1.199
TTM6.8455Y8.464-1.620
5Y8.46410Y8.021+0.444
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ7.4791.467+6.012
TTM6.8451.461+5.384
YOY8.0441.532+6.512
5Y8.4641.632+6.832
10Y8.0211.572+6.449
1.3.2. Quick Ratio

Measures if Grid Dynamics Holdings Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Grid Dynamics Holdings Inc to the¬†Information Technology Services industry mean.
  • A Quick Ratio of 7.15¬†means the company can pay off $7.15 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Grid Dynamics Holdings Inc:

  • The MRQ is 7.146. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 6.529. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ7.146TTM6.529+0.617
TTM6.529YOY7.770-1.241
TTM6.5295Y145.952-139.423
5Y145.95210Y178.055-32.103
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ7.1460.978+6.168
TTM6.5290.961+5.568
YOY7.7701.127+6.643
5Y145.9521.199+144.753
10Y178.0551.213+176.842

1.4. Solvency of Grid Dynamics Holdings Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Grid Dynamics Holdings Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Grid Dynamics Holdings Inc to Information Technology Services industry mean.
  • A Debt to Asset Ratio of 0.12¬†means that Grid Dynamics Holdings Inc assets are¬†financed with 12.1% credit (debt) and the remaining percentage (100% - 12.1%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Grid Dynamics Holdings Inc:

  • The MRQ is 0.121. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.134. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.121TTM0.134-0.013
TTM0.134YOY0.124+0.009
TTM0.1345Y0.114+0.020
5Y0.11410Y0.1140.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1210.490-0.369
TTM0.1340.502-0.368
YOY0.1240.488-0.364
5Y0.1140.502-0.388
10Y0.1140.492-0.378
1.4.2. Debt to Equity Ratio

Measures if Grid Dynamics Holdings Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Grid Dynamics Holdings Inc to the¬†Information Technology Services industry mean.
  • A Debt to Equity ratio of 13.7% means that company has $0.14 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Grid Dynamics Holdings Inc:

  • The MRQ is 0.137. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.155. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.137TTM0.155-0.018
TTM0.155YOY0.143+0.012
TTM0.1555Y0.289-0.135
5Y0.28910Y0.348-0.059
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1370.946-0.809
TTM0.1550.980-0.825
YOY0.1430.929-0.786
5Y0.2891.044-0.755
10Y0.3481.061-0.713

2. Market Valuation of Grid Dynamics Holdings 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 Grid Dynamics Holdings Inc generates.

  • Above 15 is considered overpriced but¬†always compare¬†Grid Dynamics Holdings Inc to the¬†Information Technology Services industry mean.
  • A PE ratio of -59.55 means the investor is paying $-59.55¬†for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Grid Dynamics Holdings Inc:

  • The EOD is -45.791. Based on the earnings, the company is expensive. -2
  • The MRQ is -59.552. Based on the earnings, the company is expensive. -2
  • The TTM is 111.519. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-45.791MRQ-59.552+13.761
MRQ-59.552TTM111.519-171.071
TTM111.519YOY-34.436+145.955
TTM111.5195Y-37.352+148.871
5Y-37.35210Y-12.672-24.679
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD-45.79115.601-61.392
MRQ-59.55215.667-75.219
TTM111.51915.738+95.781
YOY-34.43614.713-49.149
5Y-37.35218.155-55.507
10Y-12.67220.731-33.403
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Grid Dynamics Holdings Inc:

  • The EOD is 4,204.217. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 5,467.707. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 1,390.781. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD4,204.217MRQ5,467.707-1,263.490
MRQ5,467.707TTM1,390.781+4,076.925
TTM1,390.781YOY57.902+1,332.880
TTM1,390.7815Y443.456+947.326
5Y443.45610Y432.199+11.257
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD4,204.2173.048+4,201.169
MRQ5,467.7072.736+5,464.971
TTM1,390.7813.475+1,387.306
YOY57.9024.965+52.937
5Y443.4564.488+438.968
10Y432.1994.648+427.551
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Grid Dynamics Holdings Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Information Technology Services industry mean).
  • A PB ratio of 2.46 means the investor is paying $2.46¬†for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Grid Dynamics Holdings Inc:

  • The EOD is 1.889. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.457. Based on the equity, the company is underpriced. +1
  • The TTM is 2.410. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.889MRQ2.457-0.568
MRQ2.457TTM2.410+0.047
TTM2.410YOY3.598-1.188
TTM2.4105Y5.350-2.940
5Y5.35010Y6.032-0.683
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD1.8892.371-0.482
MRQ2.4572.423+0.034
TTM2.4102.536-0.126
YOY3.5982.536+1.062
5Y5.3502.927+2.423
10Y6.0323.334+2.698
2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Institutions holding Grid Dynamics Holdings Inc

Institutions are holding 75.684% of the shares of Grid Dynamics Holdings Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-03-31Wasatch Advisors LP9.95110.489476147133577854.9303
2023-12-31BlackRock Inc6.24450.001647783763109796.9611
2024-03-31Vanguard Group Inc5.49130.0014202012643001.554
2024-03-31Riverbridge Partners LLC4.59750.52753518072-55442-1.5515
2024-03-31BAMCO Inc3.92050.0983300000000
2024-03-31AllianceBernstein L.P.3.15910.01052417389-61512-2.4814
2024-03-31Jennison Associates LLC3.05690.01922339142269741.1666
2023-12-31Wellington Management Company LLP2.45550.0047187894639632026.7309
2023-12-31Royal Bank of Canada2.36240.00561807729283111.591
2024-03-31Dimensional Fund Advisors, Inc.1.91670.004914667051046837.6859
2023-12-31State Street Corporation1.82730.00091398271643014.8203
2024-03-31Alyeska Investment Group, L.P.1.80130.1043137841313784130
2023-12-31Geode Capital Management, LLC1.65820.00181268839590394.8801
2024-03-31Frontier Capital Management CO Inc1.64610.14471259608-172895-12.0694
2023-12-31Bank of America Corp1.3680.00141046783-3049-0.2904
2024-03-31Thrivent Financial For Lutherans1.19930.0227917756-93169-9.2162
2024-03-31Summit Creek Advisors LLC1.19881.421191730460470.6636
2023-12-31Blair William & Co1.15030.04880186-24358-2.6928
2023-12-31Deutsche Bank AG1.14980.0068798548524343108.8038
2023-12-31Northern Trust Corp1.0140.0019775889-7628-0.9736
Total 57.16862.907543745987+3231533+7.4%

3.2. Funds holding Grid Dynamics Holdings Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-03-31Wasatch Small Cap Growth Investor4.25691.7186325740100
2024-03-31Baron Opp. Small Cap Growth Strategy3.92050.7553300000000
2024-03-31Baron Small Cap Retail3.92050.7205300000000
2024-04-30Vanguard Total Stock Mkt Idx Inv2.18150.0011166931400
2024-04-30iShares Russell 2000 ETF1.73160.02241325053-10575-0.7918
2024-04-30Vanguard Information Technology ETF1.62110.01641240451-5934-0.4761
2024-03-31Wasatch Micro Cap1.50812.1183115399620641421.7832
2024-04-30Vanguard Institutional Extnd Mkt Idx Tr1.06980.0081818586-180-0.022
2024-02-29Fidelity Small Cap Index0.75790.029757995269361.2104
2024-03-31CREF Stock R10.69470.0052531597462189.522
2024-03-31Summit Creek Small Cap Growth0.68621.431852507900
2024-03-31AB Small Cap Value Advisor0.6410.95249053300
2024-03-31Jennison U.S. Small Cap Equity Fund 40.62551.0528478633-11811-2.4082
2024-03-31Wasatch Micro Cap Value0.5841.729144684900
2024-04-30iShares Russell 2000 Growth ETF0.49820.0356381200-912-0.2387
2024-04-30State St Russell Sm/Mid Cp¬ģ Indx NL Cl C0.45350.008434704200
2023-12-31Nicholas Small-Cap Growth Equity0.44250.97433858500
2023-12-31Nicholas Limited Edition I0.44250.97433858500
2024-03-31Royce Small-Cap Opportunity Invmt0.44070.31783372348400133.1714
2024-04-30iShares Digital Security ETF USD Acc0.43790.231233504800
Total 26.914613.102320595138+314157+1.5%

3.3. Insider Transactions

Insiders are holding 26.215% of the shares of Grid Dynamics Holdings Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-05-21Leonard LivschitzSELL1000010.12
2024-05-07Leonard LivschitzSELL1000010.68
2024-05-01Anil DoradlaSELL300010
2024-04-23Leonard LivschitzSELL1000010.54
2024-04-09Leonard LivschitzSELL1500011.87
2024-03-26Leonard LivschitzSELL1188412.03
2024-03-12Leonard LivschitzSELL1500012.36
2024-03-01Anil DoradlaSELL400013.26
2024-02-27Leonard LivschitzSELL1500013.88
2024-02-13Leonard LivschitzSELL1500013.08
2024-01-30Leonard LivschitzSELL1500013.06
2024-01-16Leonard LivschitzSELL1500012.58
2024-01-02Anil DoradlaSELL400013.08
2024-01-02Leonard LivschitzSELL1500013.08
2023-12-19Leonard LivschitzSELL1500013.6
2023-12-01Anil DoradlaSELL400012.49
2023-11-14Lloyd CarneySELL1840011.61

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Grid Dynamics Holdings 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--0.0960.065+48%0.431-78%0.110-13%0.227-58%
Book Value Per Share--5.0034.875+3%4.279+17%3.200+56%3.056+64%
Current Ratio--7.4796.845+9%8.044-7%8.464-12%8.021-7%
Debt To Asset Ratio--0.1210.134-10%0.124-3%0.114+6%0.114+6%
Debt To Equity Ratio--0.1370.155-11%0.143-4%0.289-53%0.348-61%
Dividend Per Share----0%-0%0.001-100%0.002-100%
Eps---0.0520.007-824%-0.113+119%-0.032-37%-0.029-45%
Free Cash Flow Per Share--0.0010.075-99%0.092-99%0.051-99%0.051-99%
Free Cash Flow To Equity Per Share---0.0910.028-422%0.404-122%0.193-147%0.310-129%
Gross Profit Margin--2.847-1.927+168%1.689+69%1.354+110%1.212+135%
Intrinsic Value_10Y_max--1.050--------
Intrinsic Value_10Y_min--0.983--------
Intrinsic Value_1Y_max--0.276--------
Intrinsic Value_1Y_min--0.271--------
Intrinsic Value_3Y_max--0.699--------
Intrinsic Value_3Y_min--0.670--------
Intrinsic Value_5Y_max--0.966--------
Intrinsic Value_5Y_min--0.908--------
Market Cap723125340.000-30%940445548.000908369239.500+4%1113957369.000-16%1087263989.300-14%1056421329.364-11%
Net Profit Margin---0.0490.008-751%-0.105+112%-0.034-31%-0.028-43%
Operating Margin---0.0620.013-562%-0.092+50%-0.022-65%-0.013-79%
Operating Ratio--1.0621.014+5%1.085-2%1.023+4%1.041+2%
Pb Ratio1.889-30%2.4572.410+2%3.598-32%5.350-54%6.032-59%
Pe Ratio-45.791+23%-59.552111.519-153%-34.436-42%-37.352-37%-12.672-79%
Price Per Share9.450-30%12.29011.763+4%14.558-16%14.187-13%13.786-11%
Price To Free Cash Flow Ratio4204.217-30%5467.7071390.781+293%57.902+9343%443.456+1133%432.199+1165%
Price To Total Gains Ratio98.755-30%128.434220.496-42%283.941-55%352.582-64%320.256-60%
Quick Ratio--7.1466.529+9%7.770-8%145.952-95%178.055-96%
Return On Assets---0.0090.001-792%-0.024+168%-0.008-16%-0.006-36%
Return On Equity---0.0100.002-761%-0.028+173%0.070-115%0.071-115%
Total Gains Per Share--0.0960.065+48%0.431-78%0.111-14%0.230-58%
Usd Book Value--382811000.000376301000.000+2%327462750.000+17%245503087.550+56%234439082.000+63%
Usd Book Value Change Per Share--0.0960.065+48%0.431-78%0.110-13%0.227-58%
Usd Book Value Per Share--5.0034.875+3%4.279+17%3.200+56%3.056+64%
Usd Dividend Per Share----0%-0%0.001-100%0.002-100%
Usd Eps---0.0520.007-824%-0.113+119%-0.032-37%-0.029-45%
Usd Free Cash Flow--43000.0005795250.000-99%7011000.000-99%3951550.000-99%3911454.545-99%
Usd Free Cash Flow Per Share--0.0010.075-99%0.092-99%0.051-99%0.051-99%
Usd Free Cash Flow To Equity Per Share---0.0910.028-422%0.404-122%0.193-147%0.310-129%
Usd Market Cap723125340.000-30%940445548.000908369239.500+4%1113957369.000-16%1087263989.300-14%1056421329.364-11%
Usd Price Per Share9.450-30%12.29011.763+4%14.558-16%14.187-13%13.786-11%
Usd Profit---3948000.000564250.000-800%-8312250.000+111%-2193150.000-44%-1919954.545-51%
Usd Revenue--79817000.00078161750.000+2%79912000.0000%55915850.000+43%53185590.909+50%
Usd Total Gains Per Share--0.0960.065+48%0.431-78%0.111-14%0.230-58%
 EOD+3 -5MRQTTM+17 -17YOY+17 -175Y+9 -2710Y+9 -27

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-45.791
Price to Book Ratio (EOD)Between0-11.889
Net Profit Margin (MRQ)Greater than0-0.049
Operating Margin (MRQ)Greater than0-0.062
Quick Ratio (MRQ)Greater than17.146
Current Ratio (MRQ)Greater than17.479
Debt to Asset Ratio (MRQ)Less than10.121
Debt to Equity Ratio (MRQ)Less than10.137
Return on Equity (MRQ)Greater than0.15-0.010
Return on Assets (MRQ)Greater than0.05-0.009
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.009
Ma 20Greater thanMa 509.771
Ma 50Greater thanMa 10010.225
Ma 100Greater thanMa 20011.622
OpenGreater thanClose9.300
Total0/5 (0.0%)



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in USD. All numbers in thousands.

Summary
Total Assets435,261
Total Liabilities52,450
Total Stockholder Equity382,811
 As reported
Total Liabilities 52,450
Total Stockholder Equity+ 382,811
Total Assets = 435,261

Assets

Total Assets435,261
Total Current Assets322,502
Long-term Assets112,759
Total Current Assets
Cash And Cash Equivalents 249,437
Net Receivables 58,688
Other Current Assets 14,377
Total Current Assets  (as reported)322,502
Total Current Assets  (calculated)322,502
+/-0
Long-term Assets
Property Plant Equipment 22,766
Goodwill 53,868
Intangible Assets 25,531
Long-term Assets Other 1,393
Long-term Assets  (as reported)112,759
Long-term Assets  (calculated)103,558
+/- 9,201

Liabilities & Shareholders' Equity

Total Current Liabilities43,120
Long-term Liabilities9,330
Total Stockholder Equity382,811
Total Current Liabilities
Short-term Debt 4,491
Accounts payable 2,935
Other Current Liabilities 35,084
Total Current Liabilities  (as reported)43,120
Total Current Liabilities  (calculated)42,510
+/- 610
Long-term Liabilities
Capital Lease Obligations 10,657
Long-term Liabilities  (as reported)9,330
Long-term Liabilities  (calculated)10,657
+/- 1,327
Total Stockholder Equity
Common Stock8
Retained Earnings -19,834
Accumulated Other Comprehensive Income 1,096
Other Stockholders Equity 401,541
Total Stockholder Equity (as reported)382,811
Total Stockholder Equity (calculated)382,811
+/-0
Other
Capital Stock8
Cash and Short Term Investments 249,437
Common Stock Shares Outstanding 76,151
Current Deferred Revenue610
Liabilities and Stockholders Equity 435,261
Net Debt -238,780
Net Invested Capital 382,811
Net Working Capital 279,382
Property Plant and Equipment Gross 40,623
Short Long Term Debt Total 10,657



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-30
> Total Assets 
0
41,726
222,364
223,829
223,955
71,531
154,202
153,544
157,801
167,135
160,297
173,133
304,688
256,719
275,802
278,173
390,145
411,146
411,146
431,238
435,750
435,165
435,261
435,261435,165435,750431,238411,146411,146390,145278,173275,802256,719304,688173,133160,297167,135157,801153,544154,20271,531223,955223,829222,36441,7260
   > Total Current Assets 
0
37,223
1,206
835
460
66,015
145,068
143,598
147,839
134,616
126,574
107,467
240,948
192,764
206,569
207,753
319,363
323,126
323,126
321,472
326,053
323,980
322,502
322,502323,980326,053321,472323,126323,126319,363207,753206,569192,764240,948107,467126,574134,616147,839143,598145,06866,0154608351,20637,2230
       Cash And Cash Equivalents 
0
17,862
1,011
660
358
42,189
121,479
123,085
126,526
112,745
99,852
67,974
199,297
144,364
153,308
150,018
255,188
256,729
256,729
246,176
253,713
257,227
249,437
249,437257,227253,713246,176256,729256,729255,188150,018153,308144,364199,29767,97499,852112,745126,526123,085121,47942,1893586601,01117,8620
       Short-term Investments 
0
0
221,158
222,994
223,496
224,016
224,016
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000224,016224,016223,496222,994221,15800
       Net Receivables 
0
17,322
0
0
0
18,929
19,965
15,201
17,697
18,689
22,177
33,048
35,656
43,313
47,292
49,670
55,384
55,333
53,949
58,902
56,098
53,559
58,688
58,68853,55956,09858,90253,94955,33355,38449,67047,29243,31335,65633,04822,17718,68917,69715,20119,96518,92900017,3220
       Other Current Assets 
0
429
0
0
0
2,711
3,273
4,393
2,486
2,361
3,807
5,395
5,301
4,503
1,384
156
183
11,064
8,154
312
1,696
13,194
14,377
14,37713,1941,6963128,15411,0641831561,3844,5035,3015,3953,8072,3612,4864,3933,2732,7110004290
   > Long-term Assets 
0
0
221,158
222,994
223,496
5,516
9,134
9,946
9,962
32,519
33,723
65,666
63,740
63,955
69,233
70,420
70,782
88,020
88,020
109,766
109,697
111,185
112,759
112,759111,185109,697109,76688,02088,02070,78270,42069,23363,95563,74065,66633,72332,5199,9629,9469,1345,516223,496222,994221,15800
       Property Plant Equipment 
0
2,029
0
0
0
4,024
4,087
4,198
3,969
4,095
4,382
5,160
5,395
6,169
12,134
12,272
13,089
15,909
15,909
21,227
20,913
21,804
22,766
22,76621,80420,91321,22715,90915,90913,08912,27212,1346,1695,3955,1604,3824,0953,9694,1984,0874,0240002,0290
       Goodwill 
0
139
0
0
0
0
0
0
0
14,690
14,690
35,299
35,358
35,958
35,958
35,958
35,958
45,514
45,514
54,633
54,633
53,868
53,868
53,86853,86854,63354,63345,51445,51435,95835,95835,95835,95835,35835,29914,69014,69000000001390
       Intangible Assets 
0
1,286
0
0
0
18
2
1,479
1,492
8,125
7,850
20,342
19,729
19,097
18,476
17,856
17,236
20,375
20,375
28,641
27,587
31,627
25,531
25,53131,62727,58728,64120,37520,37517,23617,85618,47619,09719,72920,3427,8508,1251,4921,4792180001,2860
       Other Assets 
0
1,049
222,335
222,994
223,496
1,474
5,045
5,748
5,993
5,609
5,609
4,865
3,258
2,731
2,665
3,334
4,499
5,222
0
4,265
0
0
0
0004,26505,2224,4993,3342,6652,7313,2584,8655,6095,6095,9935,7485,0451,474223,496222,994222,3351,0490
> Total Liabilities 
0
8,347
8,145
8,116
7,974
17,487
9,772
7,567
7,796
15,407
20,050
30,121
29,122
29,668
44,550
45,248
39,307
48,102
48,102
64,676
62,826
52,258
52,450
52,45052,25862,82664,67648,10248,10239,30745,24844,55029,66829,12230,12120,05015,4077,7967,5679,77217,4877,9748,1168,1458,3470
   > Total Current Liabilities 
0
8,347
445
416
274
8,300
9,772
7,567
7,796
13,318
17,957
25,159
24,219
25,344
32,691
38,568
31,637
38,710
38,710
53,470
52,470
42,223
43,120
43,12042,22352,47053,47038,71038,71031,63738,56832,69125,34424,21925,15917,95713,3187,7967,5679,7728,3002744164458,3470
       Short-term Debt 
0
0
0
0
0
6,504
0
6,407
6,998
8,624
13,521
19,766
19,598
12,894
2,047
2,053
1,760
2,505
2,505
4,154
4,205
4,235
4,491
4,4914,2354,2054,1542,5052,5051,7602,0532,04712,89419,59819,76613,5218,6246,9986,40706,50400000
       Accounts payable 
0
467
0
0
0
768
2,267
819
518
757
2,333
2,489
1,772
2,053
2,212
3,394
4,478
3,897
3,897
5,302
3,721
3,621
2,935
2,9353,6213,7215,3023,8973,8974,4783,3942,2122,0531,7722,4892,3337575188192,2677680004670
       Other Current Liabilities 
0
2,454
445
416
274
786
7,505
6
2
3,206
1,364
2,137
2,068
9,599
27,649
32,369
24,687
30,430
30,430
43,225
43,801
33,790
35,084
35,08433,79043,80143,22530,43030,43024,68732,36927,6499,5992,0682,1371,3643,206267,5057862744164452,4540
   > Long-term Liabilities 
0
0
7,700
7,700
7,700
9,187
7,154
5,829
6,148
2,089
2,093
4,962
4,903
4,324
11,859
6,680
7,670
9,392
9,392
11,206
10,356
10,035
9,330
9,33010,03510,35611,2069,3929,3927,6706,68011,8594,3244,9034,9622,0932,0896,1485,8297,1549,1877,7007,7007,70000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
2,093
2,093
4,962
4,903
4,324
4,171
4,015
3,895
3,756
0
3,524
0
0
0
0003,52403,7563,8954,0154,1714,3244,9034,9622,0932,093000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
2,093
2,093
4,962
4,903
4,324
0
0
0
0
0
0
0
0
0
0000000004,3244,9034,9622,0932,093000000000
> Total Stockholder Equity
0
33,379
5,000
5,000
5,000
54,044
144,430
145,977
150,005
151,728
140,247
143,012
275,566
227,051
231,252
232,925
350,838
363,044
363,044
366,562
372,924
382,907
382,811
382,811382,907372,924366,562363,044363,044350,838232,925231,252227,051275,566143,012140,247151,728150,005145,977144,43054,0445,0005,0005,00033,3790
   Common Stock
0
1
209,220
210,714
210,982
8,117
5
5
5
5
5
5
7
7
7
7
7
7
7
7
7
8
8
887777777775555558,117210,982210,714209,22010
   Retained Earnings Total Equity
0
0
0
0
0
0
0
0
0
22,793
20,731
19,248
18,699
15,093
12,426
-760
-7,419
0
-22,091
-19,464
0
0
0
000-19,464-22,0910-7,419-76012,42615,09318,69919,24820,73122,793000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
-154,202
-4,431
-157,801
-4
45
10
-76
-126
-409
-1,191
-2,063
-848
-848
1,050
489
1,274
1,096
1,0961,2744891,050-848-848-2,063-1,191-409-126-761045-4-157,801-4,431-154,202000000
   Capital Surplus 
0
4,384
3,664
2,890
2,621
18,650
113,629
0
0
128,930
119,466
123,749
256,936
212,077
219,228
234,869
360,313
0
382,322
384,969
0
0
0
000384,969382,3220360,313234,869219,228212,077256,936123,749119,466128,93000113,62918,6502,6212,8903,6644,3840
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
0
209,219
-204,835
-207,823
-208,360
10,535
113,629
-31,771
122,487
128,930
119,466
123,749
256,936
212,077
219,228
234,869
360,313
378,006
378,006
384,969
391,216
397,511
401,541
401,541397,511391,216384,969378,006378,006360,313234,869219,228212,077256,936123,749119,466128,930122,487-31,771113,62910,535-208,360-207,823-204,835209,2190



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 (+$)
totalRevenue312,910
Cost of Revenue-199,764
Gross Profit113,146113,146
 
Operating Income (+$)
Gross Profit113,146
Operating Expense-117,238
Operating Income-4,092-4,092
 
Operating Expense (+$)
Research Development14,741
Selling General Administrative79,834
Selling And Marketing Expenses24,151
Operating Expense117,238118,726
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-4,092
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)4,838-13,022
EBIT - interestExpense = -4,092
4,838
-1,765
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-4,0924,838
Earnings Before Interest and Taxes (EBITDA)8,026
 
After tax Income (+$)
Income Before Tax4,838
Tax Provision-9,522
Net Income From Continuing Ops-11,369-4,684
Net Income-1,765
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses317,002
Total Other Income/Expenses Net8,9300
 

Technical Analysis of Grid Dynamics Holdings Inc
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 Grid Dynamics Holdings Inc. The general trend of Grid Dynamics Holdings Inc is BEARISH with 100.0% 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 Grid Dynamics Holdings Inc'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 (-100.0%) Bearish trend (100.0%)
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 Grid Dynamics Holdings Inc.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 10.05 < 10.42 < 10.89.

The bearish price targets are: 9.07 > 8.76 > 8.53.

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Grid Dynamics Holdings 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 Grid Dynamics Holdings Inc. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -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

Grid Dynamics Holdings 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 Grid Dynamics Holdings Inc. The current macd is -0.24087295.

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 Grid Dynamics Holdings Inc price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Grid Dynamics Holdings Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Grid Dynamics Holdings Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Grid Dynamics Holdings Inc Daily Moving Average Convergence/Divergence (MACD) ChartGrid Dynamics Holdings 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 Grid Dynamics Holdings Inc. The current adx is 21.73.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Grid Dynamics Holdings Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Grid Dynamics Holdings 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 Grid Dynamics Holdings Inc. The current sar is 9.19953459.

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
Grid Dynamics Holdings 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 Grid Dynamics Holdings Inc. The current rsi is 39.01. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Grid Dynamics Holdings Inc Daily Relative Strength Index (RSI) ChartGrid Dynamics Holdings 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 Grid Dynamics Holdings Inc. The current phase is Continuation 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 below 50. There are more sellers than buyers. -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 Grid Dynamics Holdings Inc price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Grid Dynamics Holdings Inc Daily Stochastic Oscillator ChartGrid Dynamics Holdings 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 Grid Dynamics Holdings Inc. The current cci is -83.11522454.

Grid Dynamics Holdings Inc Daily Commodity Channel Index (CCI) ChartGrid Dynamics Holdings 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 Grid Dynamics Holdings Inc. The current cmo is -22.63595204.

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
Grid Dynamics Holdings Inc Daily Chande Momentum Oscillator (CMO) ChartGrid Dynamics Holdings 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 Grid Dynamics Holdings Inc. The current willr is -71.85185185.

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 Grid Dynamics Holdings Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Grid Dynamics Holdings Inc Daily Williams %R ChartGrid Dynamics Holdings 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 Grid Dynamics Holdings Inc.

Grid Dynamics Holdings 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 Grid Dynamics Holdings Inc. The current atr is 0.38500414.

Grid Dynamics Holdings Inc Daily Average True Range (ATR) ChartGrid Dynamics Holdings 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 Grid Dynamics Holdings Inc. The current obv is -2,050,827.

Grid Dynamics Holdings Inc Daily On-Balance Volume (OBV) ChartGrid Dynamics Holdings 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 Grid Dynamics Holdings Inc. The current mfi is 42.66.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Grid Dynamics Holdings Inc Daily Money Flow Index (MFI) ChartGrid Dynamics Holdings Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Grid Dynamics Holdings 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
2024-01-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-21MACD 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.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-04STOCH 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).
2024-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-12STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-04-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-17BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-04-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-04-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-29MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-01MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-05-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-05-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the 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).
2024-05-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-05-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-05-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-05-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-03STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-06-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-06-13DMI 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.

6.3. Candlestick Patterns

Grid Dynamics Holdings Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.009
Ma 20Greater thanMa 509.771
Ma 50Greater thanMa 10010.225
Ma 100Greater thanMa 20011.622
OpenGreater thanClose9.300
Total0/5 (0.0%)
Penke

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