In the last trading session, 3.39 million Palladyne AI Corp (NASDAQ:PDYN) shares changed hands as the company’s beta touched 3.83. With the company’s per share price at $8.00 changed hands at -$0.39 or -4.65% during last session, the market valuation stood at $240.90M. PDYN’s last price was a discount, traded about -86.87% off its 52-week high of $14.95. The share price had its 52-week low at $0.51, which suggests the last value was 93.62% up since then.

Palladyne AI Corp (NASDAQ:PDYN) trade information

Instantly PDYN was in red as seen at the end of in last trading. With action -23.95%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -34.80%, with the 5-day performance at -23.95% in the red. However, in the 30-day time frame, Palladyne AI Corp (NASDAQ:PDYN) is -15.88% down.

Palladyne AI Corp (PDYN) estimates and forecasts

Year-over-year growth is forecast to reach -21.46% down from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 1.36M. 1 analysts are of the opinion that Palladyne AI Corp’s revenue for the current quarter will be 1.43M.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 7.09%.

Palladyne AI Corp (NASDAQ:PDYN)’s Major holders

Among Mutual Funds, the top two as of Sep 30, 2024 were BlackRock Funds II-BlackRock Strategic Income Opportunities Portfolio and BlackRock Global Allocation Fund. With 927.71 shares estimated at $7.42 million under it, the former controlled 3.08% of total outstanding shares. On the other hand, BlackRock Global Allocation Fund held about 2.06% of the shares, roughly 620.78 shares worth around $4.97 million.