Shares of Grid Dynamics Holdings (NASDAQ:GDYN) shot up 1.7% during trading on Wednesday . The stock traded as high as $7.44 and last traded at $7.21, 1,266 shares were traded during mid-day trading. A decline of 100% from the average session volume of 515,250 shares. The stock had previously closed at $7.09.
Separately, Cantor Fitzgerald began coverage on shares of Grid Dynamics in a research note on Thursday, March 19th. They issued an “overweight” rating for the company.
Grid Dynamics Company Profile (NASDAQ:GDYN)
Grid Dynamics International, Inc is an engineering IT services company, provides transformative and mission-critical cloud solutions for retail, finance, and technology sectors. It offers big data engineering services, including consulting, design, implementation, and operational support of in-stream and batch processing pipelines; QA automation services, including UI, API, mobile, performance, batch processing, technical computing, regression, continuous, and integration testing services; test data and test environment management; quality KPI definition and tracking; test automation framework development; and best practices and toolset workshops; cloud engineering; UI/full stack engineering; release engineering / DevOps; and search engine and mobile application development services.
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