It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Grid Dynamics Holdings Inc. (GDYN) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.23, or -2.15%, to $10.45. The Grid Dynamics Holdings Inc. has recorded 29,607 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Grid Dynamics Acquires Mutual Mobile to Deepen Expertise in Experience Design, Mixed Reality, and Cloud Edge for Global Brands.
Grid Dynamics Holdings Inc. is listed on the NASDAQ in the Technology sector while operating in the Information Technology Services industry. At the end of the last regular session, the stock closed at $10.68 and fluctuated between $11.06 as its day high and $10.44 as its day low. The current market capitalization of Grid Dynamics Holdings Inc. is $792.46M. A total of 0.74 million shares were traded on the day, compared to an average of 555.06K shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, GDYN has seen 0 BUY and 11 SELL insider trades, representing the acquisition of 0 and the disposition of 228,140 shares. Over the last 12 months, there were 12 BUYs and 49 SELLs from insiders. Insiders purchased 1,108,829 shares during that period but sold 752,230.
In the most recent transaction, CARNEY LLOYD sold 23,000 shares of GDYN for 12.50 per share on Nov 23. After the transaction, the Director now owns 5,200 company shares. In a previous transaction on Nov 23, CARNEY LLOYD sold 60,000 shares at 12.55 per share. GDYN shares that Director owns now total 648,709.
Among the insiders who sold shares, CARNEY LLOYD disposed of 23,000 shares on Nov 22 at a per-share price of $12.48. This resulted in the Director holding 28,200 shares of GDYN after the transaction. In another insider transaction, CARNEY LLOYD sold 60,000 shares at $12.48 per share on Nov 22. Company shares held by the Director now total 708,709.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for GDYN in the last 3 months, the mean price target is $19.17 with high estimates of $25.00 and low estimates of $15.00. In terms of 52-week highs and lows, GDYN has a high of $35.92 and a low of $9.09.
As of this writing, GDYN has an earnings estimate of $0.12 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.13 per share and a lower estimate of $0.11. The company reported an EPS of $0.1 in the last quarter, which was 100.00% higher than expectations of $0.05.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 7 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GDYN is Overweight with a score of 4.50. A total of 6 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.