In the last trading session, 3.34 million shares of the Palladyne AI Corp (NASDAQ:PDYN) were traded, and its beta was 3.88. Most recently the company’s share price was $6.81, and it changed around $0.43 or 6.82% from the last close, which brings the market valuation of the company to $239.85M. PDYN currently trades at a discount to its 52-week high of $14.95, offering almost -119.53% off that amount. The share price’s 52-week low was $1.20, which indicates that the current value has risen by an impressive 82.38% since then.
Palladyne AI Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. 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, 0 recommended PDYN as a Hold, whereas 1 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.
Palladyne AI Corp (NASDAQ:PDYN) trade information
Instantly PDYN has showed a green trend with a performance of 6.82% 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 7.32 on recent trading dayincreased the stock’s daily price by 6.97%. The company’s shares are currently down -44.50% year-to-date, but still up 5.01% over the last five days. On the other hand, Palladyne AI Corp (NASDAQ:PDYN) is -19.41% down in the 30-day period.
Palladyne AI Corp (PDYN) estimates and forecasts
The year-over-year growth rate is expected to be -21.46%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 1.36M in revenue for the current quarter. 1 analysts expect Palladyne AI Corp to make 1.43M in revenue for the current ending quarter.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 7.09%.
PDYN Dividends
Palladyne AI Corp’s next quarterly earnings report is expected to be released in April.
BlackRock Funds II-BlackRock Strategic Income Opportunities Portfolio and BlackRock Global Allocation Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 927.71 shares worth $6.32 million, making up 2.63% of all outstanding shares. On the other hand, BlackRock Global Allocation Fund held roughly 620.78 shares worth around $4.23 million, which represents about 1.76% of the total shares outstanding.
