Palladyne AI Corp (NASDAQ: PDYN) is -39.28% lower on its value in year-to-date trading and has touched a low of $1.38 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 $7.48 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $7.45, the stock is 17.61% and 16.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.19 million and changing -0.40% at the moment leaves the stock 49.88% off its SMA200. PDYN registered 400.00% gain for a year compared to 6-month gain of 307.10%.
The stock witnessed a 33.75% loss in the last 1 month and extending the period to 3 months gives it a -14.47%, and is 25.42% up 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 12.38% over the week and 8.74% over the month.
Palladyne AI Corp (PDYN) has around 71 employees, a market worth around $266.07M and $6.05M in sales. Fwd P/E is 3.58. Profit margin for the company is -704.03%. Distance from 52-week low is 439.86% and -50.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-112.13%).
The EPS is expected to grow by 175.64% this year.
Palladyne AI Corp (PDYN) Top Institutional Holders
The shares outstanding are 35.71M, and float is at 24.37M with Short Float at 9.76%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.62 million shares valued at $0.99 million. The investor’s holdings represent 2.3262% of the PDYN Shares outstanding. As of 2024-06-30, the second largest holder is DELTA AIR LINES, INC. with 0.38 million shares valued at $0.6 million to account for 1.4178 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.35 million shares representing 1.3037% and valued at over $0.56 million, while CERTUITY, LLC holds 1.2069 of the shares totaling 0.32 million with a market value of $0.51 million.
Palladyne AI Corp (PDYN) Insider Activity
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Still, SEC filings show that on Mar 31 ’25, VOGT MATTHEW (CHIEF REVENUE OFFICER) disposed off 538 shares at an average price of $5.82 for $3129.0. The insider now directly holds 166,385 shares of Palladyne AI Corp (PDYN).
