Palladyne AI Corp (NASDAQ:PDYN) has a beta value of 3.80 and has seen 1.39 million shares traded in the last trading session. The company, currently valued at $229.28M, closed the last trade at $6.51 per share which meant it gained $0.34 on the day or 5.51% during that session. The PDYN stock price is -129.65% off its 52-week high price of $14.95 and 80.65% above the 52-week low of $1.26. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.29 million shares traded. The 3-month trading volume is 5.32 million shares.
Palladyne AI Corp (NASDAQ:PDYN) trade information
Sporting 5.51% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the PDYN stock price touched $6.51 or saw a rise of 18.63%. Year-to-date, Palladyne AI Corp shares have moved -46.94%, while the 5-day performance has seen it change -11.55%. Over the past 30 days, the shares of Palladyne AI Corp (NASDAQ:PDYN) have changed -5.38%. Short interest in the company has seen 3.21 million shares shorted with days to cover at 1.05.
Palladyne AI Corp (PDYN) estimates and forecasts
The company’s shares have gained 257.69% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -21.46%.
1 analysts offering their estimates for the company have set an average revenue estimate of 1.36M for the current quarter. 1 have an estimated revenue figure of 1.43M for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 7.09% over the past 5 years.
PDYN Dividends
Palladyne AI Corp is expected to release its next earnings report on 2025-Feb-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Palladyne AI Corp (NASDAQ:PDYN)’s Major holders
Insiders own 32.84% of the company shares, while shares held by institutions stand at 12.80% with a share float percentage of 19.06%. Investors are also buoyed by the number of investors in a company, with Palladyne AI Corp having a total of 69.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are BlackRock Funds V-BlackRock Strategic Income Opportunities Portfolio and BLACKROCK GLOBAL ALLOCATION FUND, INC. . As of Dec 31, 2024 , the former fund manager holds about 2.63% shares in the company for having 927.71 shares of worth $6.04 million while later fund manager owns 620.78 shares of worth $4.04 million as of Oct 31, 2024 , which makes it owner of about 1.76% of company’s outstanding stock.
