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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 $11.99, up 0.33% from the previous day, and has increased 7.73% in one year. It has underperformed other stocks in the Information Technology Services industry by 0.03 percentage points. Grid Dynamics Holdings stock is currently +32.19% from its 52-week low of $9.07, and -18.44% from its 52-week high of $14.70.

There are currently 76.52M shares of GDYN outstanding. The market capitalization of GDYN is $917.49M. In the past 24 hours, 406,073 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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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
$11.99
1w %
12.06%
1y %
7.73%
5y %
19.07%
P/E
399.67x
P/B
2.4x
P/S
2.92x
PEG
6.07x
Revenue
$312.65M
Earnings
$2.26M
Fore. Rev. Growth
12.23%
Fore. Earn. Growth
73.21%
Market Cap
$917.49M
Next Earnings
Aug 1, 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 overvalued based on its P/E ratio of 399.67x, relative to Information Technology Services industry P/E ratio of 29.24x
  • GDYN could be undervalued based on its P/B ratio of 2.4x, relative to Information Technology Services industry P/B ratio of 4.89x
  • GDYN may be overvalued based on its PEG ratio of 6.07x

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

GDYN Financial Health Summary

Pros:

  • There are more short-term assets than short-term liabilities on the GDYN balance sheet.
  • Total GDYN debt is lower than 5 years ago, relative to shareholder equity.
  • GDYN profit margin has gone up from -10.8% to 0.7% in the past year.
  • GDYN's operating cash flow of $32.66M allows it to safely service it's debt of $10.66M.
  • GDYN earnings of $6.13M is not enough to cover its interest payments.
  • GDYN has a low debt to equity ratio of 0.14.
  • There are more short-term assets than long-term liabilities on the GDYN balance sheet.

Is it a good time to buy GDYN stock, according to analysts?

Out of 6 Equities analysts who give ratings on GDYN, the consensus analyst rating on GDYN is a Strong Buy

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

Most Recent GDYN Analyst Recommendations

Puneet Jain, a bottom 11% analyst from JP Morgan maintains GDYN with a strong buy rating and raises their GDYN price target from $16.00 to $17.00, on Feb 23, 2024.

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

GDYN Momentum

SMA10
11.05
SMA20
10.66
SMA50
10.24
SMA100
10.97
SMA200
11.77
MACD
0.45
MACD Signal
0.27
MACD Histogram
0.18
RSI
76.36
Stochastic %K
92.83
Stochastic %D
93.44
StochRSI %K
100
StochRSI %D
100

GDYN Earnings

Last year, GDYN earnings were $2.26M. In the last 4 year, GDYN's earnings have gone up by -43.77% per year. This was slower than the Information Technology Services industry average of 7.09%.

Last year, GDYN revenue was $312.65M. Over the last 4 year, GDYN's revenue has gone up by 25.88% per year. This was faster than the Information Technology Services industry average of 7.25%.

Dive into GDYN's earnings and revenue performance here.

Who is buying/selling GDYN?

Over the past 12 months, insiders 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 $60,000.00 worth of GDYN shares on Jul 17, 2024.

Learn more about who owns GDYN stock here.

Does GDYN stock generate passive income?

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

GDYN Social Trading Data

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

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Step 5: Place your GDYN buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.

Hit the Open Trade button and eToro will place the order.

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Step 6: Get notifications regarding your GDYN position

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

Add GDYN to a watchlist to get notified of the latest news about your GDYN stock.

GDYN Feed

How to Buy Stock in Grid Dynamics Holdings

To reiterate, 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 need a place to buy stocks, eToro is our recommended option.

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 want to get the latest scoop on your new investment in Grid Dynamics Holdings, click the button below.

NASDAQ: GDYN
$11.99+0.04 (+0.33%)
Updated Jul 18, 2024
Open eToro Account
NASDAQ: GDYN
$11.99+0.04 (+0.33%)
Updated Jul 18, 2024
Open eToro Account

FAQ

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

As of Jul 18, 2024, it costs $11.99 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 $5, you can buy 0.417 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 6 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.