During the recent session, Palladyne AI Corp (NASDAQ:PDYN)’s traded shares were 1.02 million, with the beta value of the company hitting 3.79. At the last check today, the stock’s price was $7.04, reflecting an intraday loss of -10.79% or -$0.85. The 52-week high for the PDYN share is $14.95, that puts it down -112.36 from that peak though still a striking 82.1% gain since the share price plummeted to a 52-week low of $1.26. The company’s market capitalization is $247.90M, and the average trade volume was 8.32 million shares over the past three months.
Palladyne AI Corp (NASDAQ:PDYN) trade information
Palladyne AI Corp (PDYN) registered a -10.79% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -10.79% in intraday trading to $7.04, hitting a weekly high. The stock’s 5-day price performance is 2.31%, and it has moved by -11.35% in 30 days. Based on these gigs, the overall price performance for the year is 321.49%.
Palladyne AI Corp (PDYN) estimates and forecasts
In the rating firms’ projections, revenue will decrease -21.46% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.36M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 1.43M by the end of current fiscal year.
PDYN Dividends
Palladyne AI Corp is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Palladyne AI Corp (NASDAQ:PDYN)’s Major holders
Also, the Mutual Funds coming in first place with the largest holdings of Palladyne AI Corp (PDYN) shares are BlackRock Funds II-BlackRock Strategic Income Opportunities Portfolio and BlackRock Global Allocation Fund. Data provided on Sep 30, 2024 indicates that BlackRock Funds II-BlackRock Strategic Income Opportunities Portfolio owns about 927.71 shares. This amounts to just over 2.63 percent of the company’s overall shares, with a $6.64 million market value. The same data shows that the other fund manager holds slightly less at 620.78, or about 1.76% of the stock, which is worth about $4.44 million.
