Palladyne AI Corp (NASDAQ: PDYN) kicked off on Friday, up 130.00% from the previous trading day, before settling in for the closing price of $2.00. Over the past 52 weeks, PDYN has traded in a range of $0.45-$3.50.
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During the last 5-year period, the sales growth of Technology Sector giant was 28.95%. With a float of $15.48 million, this company’s outstanding shares have now reached $25.88 million.
Let’s determine the extent of company efficiency that accounts for 70 employees. In terms of profitability, gross margin is 48.22%, operating margin of -739.92%, and the pretax margin is -722.13%.
Palladyne AI Corp (PDYN) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Palladyne AI Corp is 48.58%, while institutional ownership is 7.55%. The most recent insider transaction that took place on Oct 31 ’24, was worth 473,117. In this transaction Director of this company bought 215,053 shares at a rate of $2.20, taking the stock ownership to the 389,884 shares. Before that another transaction happened on Oct 31 ’24, when Company’s PRESIDENT & CEO bought 107,526 for $2.20, making the entire transaction worth $236,557. This insider now owns 107,526 shares in total.
Palladyne AI Corp (PDYN) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2023, the organization reported -0.72 earnings per share (EPS), higher than consensus estimate (set at -0.88) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Palladyne AI Corp (NASDAQ: PDYN) Trading Performance Indicators
Take a look at Palladyne AI Corp’s (PDYN) current performance indicators. Last quarter, stock had a quick ratio of 5.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 41.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.16
Technical Analysis of Palladyne AI Corp (PDYN)
Looking closely at Palladyne AI Corp (NASDAQ: PDYN), its last 5-days average volume was 18.5 million, which is a jump from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 50.11%. Additionally, its Average True Range was 0.50.
During the past 100 days, Palladyne AI Corp’s (PDYN) raw stochastic average was set at 87.74%, which indicates a significant increase from 86.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 351.62% in the past 14 days, which was higher than the 175.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.10, while its 200-day Moving Average is $1.77. However, in the short run, Palladyne AI Corp’s stock first resistance to watch stands at $5.72. Second resistance stands at $6.83. The third major resistance level sits at $8.62. If the price goes on to break the first support level at $2.82, it is likely to go to the next support level at $1.03.
Palladyne AI Corp (NASDAQ: PDYN) Key Stats
The company with the Market Capitalisation of 318.60 million has total of 30,112K Shares Outstanding. Its annual sales at the moment are 6,150 K in contrast with the sum of -115,590 K annual income. Company’s last quarter sales were recorded 870 K and last quarter income was -7,100 K.
