If You’re An Adventuresome Investor, Then Take A Chance On Palladyne AI Corp (NASDAQ: PDYN)

In the last trading session, 72.15 million shares of the Palladyne AI Corp (NASDAQ:PDYN) were traded, and its beta was 4.25. Most recently the company’s share price was $11.77, and it changed around $4.48 or 61.45% from the last close, which brings the market valuation of the company to $572.23M. PDYN currently trades at a discount to its 52-week high of $8.86, offering almost 24.72% off that amount. The share price’s 52-week low was $0.45, which indicates that the current value has risen by an impressive 96.18% since then. We note from Palladyne AI Corp’s average daily trading volume that its 10-day average is 18.15 million shares, with the 3-month average coming to 5.44 million.

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 (NASDAQ:PDYN) trade information

Instantly PDYN has showed a green trend with a performance of 61.45% 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 14.05 on recent trading dayincreased the stock’s daily price by 16.23%. The company’s shares are currently up 1531.78% year-to-date, but still up 276.04% over the last five days. On the other hand, Palladyne AI Corp (NASDAQ:PDYN) is 63.25% up in the 30-day period. We can see from the shorts that 0.53 million shares have been sold at a short interest cover period of 0.34 day(s).

PDYN Dividends

Palladyne AI Corp’s next quarterly earnings report is expected to be released in January.