Palladyne AI Corp (PDYN) concluded trading on Thursday at a closing price of $6.88, with 4.47 million shares of worth about $30.78 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 282.22% during that period and on February 27, 2025 the price saw a gain of about 6.34%. Currently the company’s common shares owned by public are about 33.88M shares, out of which, 22.80M shares are available for trading.
Stock saw a price change of -18.00% in past 5 days and over the past one month there was a price change of -25.05%. Year-to-date (YTD), PDYN shares are showing a performance of -43.93% which increased to 552.13% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.91 but also hit the highest price of $14.95 during that period. The average intraday trading volume for Palladyne AI Corp shares is 8.40 million. The stock is currently trading -20.35% below its 20-day simple moving average (SMA20), while that difference is down -15.88% for SMA50 and it goes to 88.28% higher than SMA200.
Palladyne AI Corp (NASDAQ: PDYN) currently have 33.88M outstanding shares and institutions hold larger chunk of about 7.44% of that.
The stock has a current market capitalization of $242.31M and its 3Y-monthly beta is at 3.87. It has posted earnings per share of -$2.71 in the same period. It has Quick Ratio of 9.62. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PDYN, volatility over the week remained 15.57% while standing at 13.29% over the month.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Alliance Global Partners on January 27, 2025 offering a Buy rating for the stock and assigned a target price of $15 to it.
