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      Why Is Grid Dynamics (GDYN) Stock Falling In Early Trades Today? - Stocks Telegraph

      By ST Staff

      Published on

      July 8, 2021

      1:42 PM UTC

      Last Updated on

      July 14, 2021

      7:08 AM UTC

      Why Is Grid Dynamics (GDYN) Stock Falling In Early Trades Today? - Stocks Telegraph

      Shares of leading enterprise-level digital transformation company, Grid Dynamics Holdings Inc. (GDYN) were down -4.60% to $19.48 just minutes after the opening bell in today’s regular session. As of Thursday’s premarket, GDYN shares have fallen -13.8% to $17.6025. The Grid Dynamics stock finished the last session at $20.42, down just -0.10%. Trading volumes for Grid Dynamics stocks came in at 0.67 million shares, which is higher than the average daily volumes of 0.39 million shares over the last 50 days.

      The GDYN stock price has gained 16.35% over the past five days which increases to 30.15% over the last month. So far this year, the GDYN stock price has gained 62.06 percent and increased 41.41% over the last three months. The price to cash flow ratio of the GDYN stock is 106.42, and the price to sales ratio is 8.57.

      GDYN stock is fluctuating in the premarket session as the company announced the date of release of its quarterly results yesterday.

      When will GDYN release its results?

      Global technology services company Grid Dynamics is accelerating growth and enhancing the competitive advantage of Fortune 1000 companies through digital-native technologies. A digital transformation consultancy and implementation company, GDYN offers services such as big data analytics, searching, artificial intelligence, cloud migration, and application modernization.

      With technology accelerators, an agile delivery culture, and a global engineering team, GDYN achieves high speed-to-market, quality, and efficiency. GDYN was founded in Silicon Valley in 2006, with offices in the United States, United Kingdom, Netherlands, Mexico, and Central & Eastern Europe.

      On Thursday, August 5, 2021, Grid Dynamics will host a conference call beginning at 4:30 p.m. ET.

      • GDYN will discuss its second quarter 2021 financial results on the conference call.
      • GDYN will also issue a news release containing these results prior to the conference call.
      • The GDYN will make access to the call as easy as possible for interested parties and investors.
      • GDYN will webcast the conference call through its Investor Relations section on its website.
      • Individuals interested in accessing the call can also join dialing +1(855)327-6837 or +1(631)891-4304 (outside of the United States).
      • In addition to the live broadcast, GDYN’s website will offer a replay within an hour of the call.
      • Replays will start at 7:30 pm ET on August 5, 2021, and will run until August 19, 2021, 11:59 pm ET on GDYN site.

      A new member added to GDYN team:

      Grid Dynamics (GDYN) this week announced the addition of Rajeev Sharma to its executive team as its Chief Technology Officer. Under Rajeev’s leadership, GDYN’s technical strategy will be defined, its technical solutions portfolio will expand, and it will implement the digital transformation that has become synonymous with the brand.

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