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How to Buy Grid Dynamics Holdings Stock

Grid Dynamics Holdings Inc

Grid Dynamics Holdings, Inc. , together with its subsidiaries, provides enterprise-level digital transformation services in the areas of search, analytics, and release automation for Fortune 1000 corporations in North America, Europe, and internationally.

Grid Dynamics Holdings stock last closed at $9.77, down 0.51% from the previous day, and has decreased 14.37% in one year. It has underperformed other stocks in the Information Technology Services industry by 0.25 percentage points. Grid Dynamics Holdings stock is currently +22.13% from its 52-week low of $8.00, and -33.54% from its 52-week high of $14.70.

There are currently 75.97M shares of GDYN outstanding. The market capitalization of GDYN is $742.26M. In the past 24 hours, 653,713 GDYN shares were traded.

How to Buy Grid Dynamics Holdings Stock

Not sure how to invest in Grid Dynamics Holdings stock? Here's how.
  1. Decide where to buy Grid Dynamics Holdings stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Grid Dynamics Holdings stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Pick your method of payment and add your information.
  4. Research Grid Dynamics Holdings stock: The Grid Dynamics Holdings ticker symbol is GDYN. Is Grid Dynamics Holdings stock a good investment? Should you buy shares of GDYN? How do GDYN's underlying business fundamentals look? Do top analysts think Grid Dynamics Holdings is a good buy? Why has GDYN's stock price moved recently? (Hint: Our stock market research tools can help you figure out if GDYN is a good stock to buy).
  5. Place your GDYN buy order: Decide if you will purchase GDYN shares at the current market price or use a limit order to buy GDYN stock at a given price.
  6. Get notifications regarding your GDYN position: Create a watchlist to keep track of your position in Grid Dynamics Holdings stock.

Step 1: Decide where to buy Grid Dynamics Holdings stock

You will need a brokerage account to access the NASDAQ market and buy GDYN stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal details so you can invest in GDYN today.

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  2. Provide your personal info to create your new brokerage account.
  1. Send your details by hitting the "Create Account" button.
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Step 3: Fund your investment account

Now that you've opened your account on the best stock app, you can securely and quickly fund your account:

Check out the video below for more details depositing money into your investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Grid Dynamics Holdings stock

Once you have figured out the best place to buy Grid Dynamics Holdings stock, it's crucial to analyze their stock before you invest, so you can wrap your head around the risk and opportunity.

Grid Dynamics Holdings shares data

GDYN Price
$9.77
1w %
-6.24%
1y %
-14.37%
5y %
-1.61%
P/E
-488.5x
P/B
1.94x
P/S
2.35x
PEG
N/A
Revenue
$312.91M
Earnings
-$1.77M
Fore. Rev. Growth
13.94%
Fore. Earn. Growth
N/A
Market Cap
$742.26M
Next Earnings
May 2, 2024
Next Dividend
N/A

GDYN Overview

WallStreetZen was built to help part-time investors do more accurate fundamental analysis quickly.

You can view all of the due diligence checks on GDYN's stock page.

Is GDYN stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge GDYN's fair value.

Using relative valuations ratios:

  • GDYN may be undervalued based on its P/B ratio of 1.94x, relative to Information Technology Services industry P/B ratio of 4.42x

You can access more valuation analysis on GDYN's stock here.

How do GDYN Financials look?

Pros:

  • Total GDYN debt is lower than 5 years ago, relative to shareholder equity.
  • GDYN's operating cash flow of $41.09M allows it to safely service it's debt of $11.00M.
  • There are more short-term assets than short-term liabilities on the GDYN balance sheet.
  • There are more short-term assets than long-term liabilities on the GDYN balance sheet.
  • GDYN profit margin has gone up from -9.4% to -0.6% in the past year.
  • GDYN earnings of $4.84M is not enough to cover its interest payments.
  • GDYN has a low debt to equity ratio of 0.14.

Is it a good time to buy Grid Dynamics Holdings stock, according to Wall Street analysts?

Out of 4 Wall Street analysts who monitor GDYN, the consensus analyst rating on Grid Dynamics Holdings is a Strong Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Grid Dynamics Holdings stock forecast page.

GDYN Momentum

SMA10
10.13
SMA20
10.76
SMA50
12
SMA100
12.62
SMA200
12.05
MACD
-0.63
MACD Signal
-0.6
MACD Histogram
-0.04
RSI
25.13
Stochastic %K
4.63
Stochastic %D
4.74
StochRSI %K
0
StochRSI %D
1.94

GDYN Revenue

Last year, GDYN revenue was $312.91M. In the last five year, GDYN's revenue has gone up by 27.78% per year. This was faster than the Information Technology Services industry average of 7.92%.

Learn more about GDYN's earnings and revenue performance here.

Latest Insiders Trades at GDYN

In the last 12 months, executives and large shareholders at GDYN have sold more shares than they have bought.

Leonard Livschitz, CHIEF EXECUTIVE OFFICER of GDYN, was the latest GDYN insider to sell. They sold $105,440.00 worth of GDYN stock on Apr 23, 2024.

Get more info about who owns GDYN shares here.

Does GDYN stock generate passive income?

No, Grid Dynamics Holdings doesn't provide an income stream by paying out dividends.

What do other traders have to say about GDYN?

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your GDYN buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, use a limit order.

Press the Open button and your broker will place the order.

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Step 6: Get notifications regarding your GDYN position

Now that you own some GDYN stock, you'll want to keep up with your new investment.

Add GDYN to a watchlist to track the most important metrics related to your GDYN stock.

GDYN Feed

How to Buy Stock in Grid Dynamics Holdings

To summarize, here are the 6 steps to buy Grid Dynamics Holdings stock:

  1. Decide where to buy Grid Dynamics Holdings stock
  2. Sign up for your brokerage account
  3. Fund your investment account
  4. Research Grid Dynamics Holdings stock
  5. Place your GDYN buy order
  6. Get notifications regarding your GDYN position

If you are looking for a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your new investment in Grid Dynamics Holdings, get started below.

NASDAQ: GDYN
$9.77-0.05 (-0.51%)
Updated Apr 30, 2024
Open eToro Account
NASDAQ: GDYN
$9.77-0.05 (-0.51%)
Updated Apr 30, 2024
Open eToro Account

FAQ

How much does it cost to buy one Grid Dynamics Holdings share?

As of Apr 30, 2024, it costs $9.77 to buy one share of Grid Dynamics Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.409 shares of GDYN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Grid Dynamics Holdings stock?

According to 4 Wall Street analysts who monitor Grid Dynamics Holdings, their consensus recommendation is to buy Grid Dynamics Holdings stock.

What is the best way to buy Grid Dynamics Holdings stock?

One way to place an order for Grid Dynamics Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.