Palladyne AI Corp (NASDAQ:PDYN) currently has a daily average trading volume of 8.40M but it saw 4473852 shares traded in last market. With a market cap of 242.31M USD, the company’s current market price of $6.88 came rising about 6.34 while comparing to the previous closing price of $6.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.95 and as low as $0.91.
Taking a look at 20-day trading activity of Palladyne AI Corp (PDYN) gives us an average price of $8.64, while its current price level is -53.98% below from 52-week high level whereas it is 656.04% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.18 while that of 200 days or SMA-200 reads an average of $3.65. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.57% during that period while stretching the period over a month that decreases to 13.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.27 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Alliance Global Partners which initiated the stock as “Buy” in its note to investors issued on January 27, 2025, recommending a price target of $15 for it.
Over the week, PDYN’s stock price is moving -18.00% down while it is -25.05% when we observe its performance for the past one month. Year-to-date it is -43.93% down and over the past year, the stock is showing an upside performance of 552.13%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $1.43M as analysts are expecting the sales for current fiscal year at $6.12M and seeing the company making $12.32M in sales next year. Moreover, analysts are in estimates of $1.36M for current-quarter revenue.
Currently, Palladyne AI Corp’s total number of outstanding shares is 33.88M with 32.26% of that held by the insiders while 12.60% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -17126.65% and return on equity (ROE) at -462.94%. Stock’s beta reads 3.87. Stock has a price to sale or P/S ratio amounts to 31.11. Its return on asset (ROA) is -124.47% on average.
