Palladyne AI Corp (NASDAQ:PDYN) does about 1.41M shares in volume on a normal day but saw 3350444 shares change hands in the recent trading day. The company now has a market cap of 281.07M USD. Its current market price is $7.87, marking an increase of 1.94% compared to the previous close of $7.72. The 52 week high reached by this stock is $14.95 whilst the lowest price level in 52 weeks is $1.38.
The consensus objective for the share price is $15.00, suggesting that the stock has a potential upside of 47.53% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 27, 2025 when Alliance Global Partners initiated the stock to “Buy” and issued a price target of $15.
The current price level is 16.44%, 22.41%, and 52.12% 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 up 10.38% over the week and 29.44% over the past month. Its price is -35.86% year-to-date and 325.41% over the past year.
To reach the target analysts have set, the stock logically needs to grow 47.53 percent from here.
Outstanding shares total 35.71M with insiders holding 29.16% of the shares and institutional holders owning 17.37% of the company’s common stock. The company has a return on investment of -112.13% and return on equity of -136.41%. The forward price to earnings ratio is 3.78. The beta has a value of 3.79. Price to book ratio is 9.93 and price to sales ratio is 46.46.
