After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Grid Dynamics Holdings Inc. (GDYN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.25, or 2.04%, to $12.51. The Grid Dynamics Holdings Inc. has recorded 98,278 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Grid Dynamics Releases A Major Update of Its Analytics Platform With LLM-Powered Data Analytics, Advanced Semantic Layer, Data Access and Observability Services.
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Stocks Info
The company is listed on the NASDAQ and operates within the Information Technology Services industry segment. At the end of the last regular session, the stock closed at $12.26 and fluctuated between $12.39 as its day high and $11.70 as its day low. The current market capitalization of Grid Dynamics Holdings Inc. is $901.85M. A total of 1.0 million shares were traded on the day, compared to an average of 455.29K shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, GDYN has seen 0 BUY and 5 SELL insider trades, representing the acquisition of 0 and the disposition of 57,692 shares. Over the last 12 months, there were 12 BUYs and 44 SELLs from insiders. Insiders purchased 1,158,065 shares during that period but sold 1,310,515.
In the most recent transaction, Livschitz Leonard sold 74,296 shares of GDYN for 11.82 per share on Mar 07. After the transaction, the Chief Executive Officer now owns 3,274,136 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 23 at a per-share price of $12.50. This resulted in the Director holding 5,200 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.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for GDYN in the last 3 months, the mean price target is $13.33 with high estimates of $14.00 and low estimates of $11.00. In terms of 52-week highs and lows, GDYN has a high of $20.12 and a low of $8.00.
As of this writing, GDYN has an earnings estimate of $0.08 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.08 per share and a lower estimate of $0.07.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GDYN’s latest balance sheet shows that the firm has $144.36M in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $4.88, while its Total Shareholder’s Equity was $227.05M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 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 Buy with a score of 4.57.