Palladyne AI Corp (NASDAQ:PDYN)’s traded shares stood at 1.43 million during the last session, with the company’s beta value hitting 3.62. At the close of trading, the stock’s price was $7.77, to imply an increase of 3.32% or $0.25 in intraday trading. The PDYN share’s 52-week high remains $14.95, putting it -92.41% down since that peak but still an impressive 83.78% since price per share fell to its 52-week low of $1.26. The company has a valuation of $273.65M, with an average of 1.7 million shares in intraday trading volume over the past 10 days and average of 8.09 million shares over the past 3 months.
Palladyne AI Corp (NASDAQ:PDYN) trade information
After registering a 3.32% upside in the last session, Palladyne AI Corp (PDYN) has traded red over the past five days. The 5-day price performance for the stock is 13.10%, and -12.10% over 30 days. With these gigs, the year-to-date price performance is -36.67%. Short interest in Palladyne AI Corp (NASDAQ:PDYN) saw shorts transact 3.67 million shares and set a 0.76 days time to cover.
Palladyne AI Corp (PDYN) estimates and forecasts
The rating firms project that company’s revenue will shrink -21.46% compared to the previous financial year. Revenue forecast for the current quarter as set by 1 analysts is 1.36M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 1.43M.
PDYN Dividends
Palladyne AI Corp has its next earnings report out on 2025-Feb-19. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Palladyne AI Corp (NASDAQ:PDYN)’s Major holders
Palladyne AI Corp insiders hold 32.84% of total outstanding shares, with institutional holders owning 12.80% of the shares at 19.06% float percentage. In total, 12.80% institutions holds shares in the company.
We also have BlackRock Strategic Income Opportunities Portfolio and BLACKROCK GLOBAL ALLOCATION FUND, INC. as the top two Mutual Funds with the largest holdings of the Palladyne AI Corp (PDYN) shares. Going by data provided on Dec 31, 2024, BlackRock Strategic Income Opportunities Portfolio holds roughly 927.71 shares. This is just over 2.63% of the total shares, with a market valuation of $7.21 million. Data from the same date shows that the other fund manager holds a little less at 620.78, or 1.76% of the shares, all valued at about 4.82 million.
