Palladyne AI Corp (NASDAQ: PDYN) is -31.62% lower on its value in year-to-date trading and has touched a low of $0.51 and a high of $14.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PDYN stock was last observed hovering at around $8.71 in the last trading session, with the day’s loss setting it -0.32%.
Currently trading at $8.39, the stock is -9.54% and 6.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.13 million and changing -3.67% at the moment leaves the stock 138.43% off its SMA200. PDYN registered 1431.02% gain for a year compared to 6-month gain of 451.97%.
The stock witnessed a -0.59% loss in the last 1 month and extending the period to 3 months gives it a 353.51%, and is -21.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.65% over the week and 14.00% over the month.
Palladyne AI Corp (PDYN) has around 70 employees, a market worth around $252.64M and $7.77M in sales. Profit margin for the company is -722.22%. Distance from 52-week low is 1545.10% and -43.88% from its 52-week high. The company has generated returns on investments over the last 12 months (-166.97%).
with sales reaching $1.32M over the same period.
The shares outstanding are 26.86M, and float is at 19.49M with Short Float at 11.92%.
Palladyne AI Corp (PDYN) Insider Activity
The most recent transaction is an insider purchase by WEIBLING DENNIS M, the company’s Director. SEC filings show that WEIBLING DENNIS M bought 215,053 shares of the company’s common stock on Oct 31 ’24 at a price of $2.20 per share for a total of $0.47 million. Following the purchase, the insider now owns 0.39 million shares.
Palladyne AI Corp disclosed in a document filed with the SEC on Oct 31 ’24 that Wolff Benjamin G (PRESIDENT & CEO) bought a total of 107,526 shares of the company’s common stock. The trade occurred on Oct 31 ’24 and was made at $2.20 per share for $0.24 million. Following the transaction, the insider now directly holds 0.11 million shares of the PDYN stock.
Still, SEC filings show that on Jun 28 ’24, GARAGIC DENIS (CHIEF TECHNOLOGY OFFICER) acquired 1,000 shares at an average price of $1.55 for $1550.0. The insider now directly holds 553,743 shares of Palladyne AI Corp (PDYN).
