In the last trading session, 21.28 million shares of the Palladyne AI Corp. (NASDAQ:PDYN) were traded, and its beta was 3.32. Most recently the company’s share price was $2.75, and it changed around $0.87 or 46.28% from the last close, which brings the market valuation of the company to $73.70M. PDYN currently trades at a discount to its 52-week high of $3.25, offering almost -18.18% off that amount. The share price’s 52-week low was $0.40, which indicates that the current value has risen by an impressive 85.45% since then. We note from Palladyne AI Corp.’s average daily trading volume that its 10-day average is 2.22 million shares, with the 3-month average coming to 102.82K.
Palladyne AI Corp. stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended PDYN as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Palladyne AI Corp. is expected to report earnings per share of 0 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Palladyne AI Corp. (NASDAQ:PDYN) trade information
Instantly PDYN has showed a green trend with a performance of 46.28% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.0500 on recent trading dayincreased the stock’s daily price by 9.84%. The company’s shares are currently up 281.26% year-to-date, but still up 59.88% over the last five days. On the other hand, Palladyne AI Corp. (NASDAQ:PDYN) is 72.96% up in the 30-day period. We can see from the shorts that 0.21 million shares have been sold at a short interest cover period of 2.12 day(s).
Palladyne AI Corp. (PDYN) estimates and forecasts
The year-over-year growth rate is expected to be -57.80%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 746k in revenue for the current quarter. The company’s sales for the same quarters a year ago were 6.12M and 2.3M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -87.80%.
PDYN Dividends
Palladyne AI Corp.’s next quarterly earnings report is expected to be released in November.
