In the last trading session, 1.16 million Palladyne AI Corp (NASDAQ:PDYN) shares changed hands as the company’s beta touched 3.70. With the company’s per share price at $5.61 changed hands at -$0.42 or -6.97% during last session, the market valuation stood at $197.58M. PDYN’s last price was a discount, traded about -166.49% off its 52-week high of $14.95. The share price had its 52-week low at $1.26, which suggests the last value was 77.54% up since then. When we look at Palladyne AI Corp’s average trading volume, we note the 10-day average is 1.13 million shares, with the 3-month average coming to 4.39 million.
Palladyne AI Corp (NASDAQ:PDYN) trade information
Instantly PDYN was in red as seen at the end of in last trading. With action -13.82%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -54.28%, with the 5-day performance at -13.82% in the red. However, in the 30-day time frame, Palladyne AI Corp (NASDAQ:PDYN) is -23.47% down. Looking at the short shares, we see there were 3.21 million shares sold at short interest cover period of 1.05 days.
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%. The 2025 estimates are for Palladyne AI Corp earnings to decrease by -125.45%.
PDYN Dividends
Palladyne AI Corp is expected to release its next quarterly earnings report on 2025-Feb-19.
Palladyne AI Corp (NASDAQ:PDYN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 29.66% of Palladyne AI Corp shares while 12.76% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 18.15%.
