Palladyne AI Corp (NASDAQ:PDYN) does about 3.46M shares in volume on a normal day but saw 3805454 shares change hands in the recent trading day. The company now has a market cap of 127.99M USD. Its current market price is $4.46, marking a decrease of -4.70% compared to the previous close of $4.68. The 52 week high reached by this stock is $7.93 whilst the lowest price level in 52 weeks is $0.45.
Palladyne AI Corp (PDYN) has a 20-day trading average at $3.66 and the current price is -43.76% off the 52-week high compared with 890.67% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.74 and its 200-day simple moving average is $1.99. If we look at the stock’s price movements over the week, volatility stands at 22.61%, which increases to 28.08% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 55.28 to suggest the stock is neutral.
The consensus objective for the share price is $1.00, suggesting that the stock has a potential downside of -346.0% over the period.
The current price level is 21.79%, 62.71%, and 124.42% away from its SMA20, SMA50, and SMA200 respectively, with the PDYN price moving below the 50-day SMA on current market day. Palladyne AI Corp (PDYN) stock is down -30.96% over the week and 103.65% over the past month. Its price is 518.33% year-to-date and 577.81% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to shrink -346.0 percent from here.
The company has a return on investment of -166.97% and return on equity of -112.73%. The beta has a value of 4.28. Price to book ratio is 5.12 and price to sales ratio is 16.47.
