A new trading day began on Friday, with Palladyne AI Corp (NASDAQ: PDYN) stock price down -11.41% from the previous day of trading, before settling in for the closing price of $10.52. PDYN’s price has ranged from $0.47 to $14.95 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 28.95%. With a float of $19.49 million, this company’s outstanding shares have now reached $26.86 million.
Considering the fact that the conglomerate employs 70 people, you should pay attention to its efficiency factor. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Palladyne AI Corp is 35.26%, while institutional ownership is 8.70%. 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
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
Here are Palladyne AI Corp’s current performance indicators. According to the last quarter’s results, the 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 36.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.16, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach -1.01 in one year’s time.
Technical Analysis of Palladyne AI Corp (PDYN)
Compared to the last year’s volume of 7.02 million, its volume of 7.57 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 55.05%. Additionally, its Average True Range was 1.56.
During the past 100 days, Palladyne AI Corp’s (PDYN) raw stochastic average was set at 57.80%, which indicates a significant increase from 39.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 143.60% in the past 14 days, which was lower than the 239.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.68, while its 200-day Moving Average is $3.41. Nevertheless, the first resistance level for the watch stands at $10.11 in the near term. At $10.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.50. If the price goes on to break the first support level at $8.72, it is likely to go to the next support level at $8.11. Now, if the price goes above the second support level, the third support stands at $7.33.
Palladyne AI Corp (NASDAQ: PDYN) Key Stats
With a market capitalization of 280.63 million, the company has a total of 30,112K Shares Outstanding. Currently, annual sales are 6,150 K while annual income is -115,590 K. The company’s previous quarter sales were 870 K while its latest quarter income was -7,100 K.
