After A 1.49% Gain In Share Price, Is Palladyne AI Corp (NASDAQ:PDYN) A Better Trade Than Others?

In recent trading session, Palladyne AI Corp (NASDAQ:PDYN) saw 0.88 million shares changing hands at last check today with its beta currently measuring 3.84. Company’s recent per share price level of $8.87 trading at $0.13 or 1.49% at last check today assigns it a market valuation of $267.09M. That most recent trading price of PDYN’s stock is at a discount of -68.55% from its 52-week high price of $14.95 and is indicating a premium of 94.93% from its 52-week low price of $0.45. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.61 million shares which gives us an average trading volume of 9.22 million if we extend that period to 3-months.

Palladyne AI Corp (NASDAQ:PDYN) trade information

Upright in the green today for gaining 1.49%, in the last five days PDYN remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $8.87 price level, adding 20.8% to its value on the day. Palladyne AI Corp’s shares saw a change of -27.71% in year-to-date performance and have moved -4.11% in past 5-day. Palladyne AI Corp (NASDAQ:PDYN) showed a performance of -24.64% in past 30-days. Number of shares sold short was 0.53 million shares which calculate 0.34 days to cover the short interests.

Palladyne AI Corp (PDYN) estimates and forecasts

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.32M for the same. And 1 analysts are in estimates of company making revenue of 1.36M in the next quarter.

On the other hand, BlackRock Funds II-BlackRock Strategic Income Opportunities Portfolio and BlackRock Global Allocation Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 927.71 shares of worth $8.02 million or 3.08% of the total outstanding shares. The later fund manager was in possession of 620.78 shares on Oct 31, 2024, making its stake of worth around $5.37 million in the company or a holder of 2.06% of company’s stock.