Palladyne AI Corp (NASDAQ:PDYN) traded at $5.97 at last check on current trade day and made an upward move of 2.75% on its previous day’s price.
Looking at the stock we see that its previous close was $5.81 and the beta (5Y monthly) reads 3.878 with the day’s price range being $5.6 – $6.1399. In terms of its 52-week price range, PDYN has a high of $14.95 and a low of $1.26. The company’s stock has lost about -9.27% over that past 30 days.
Palladyne AI Corp has a market cap of $210.27 million and is expected to release its quarterly earnings report on 2025-Feb-19.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 1.36M, with a low of 1.36M and a high of 1.36M. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 6.12M, or -21.46% down from figures reported last year.
On the other hand, looking at the outlook for the PDYN stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Buy.
Looking further, we note the current price level is -12.96% off its SMA20 and -24.15% from its 50-day simple moving average. The RSI (14) is pointing at 40.84 while the volatility over the past week is 10.97% and jumps to 11.25% over the past one month. The beta value is 3.78, while the average true range (ATR) is currently pointing at 0.84.
Coming back to Palladyne AI Corp (NASDAQ:PDYN), we note that the average 3-month trading volume was 4.61 million, while that of the preceding 10-day period stands at 1.17 million. Current shares outstanding are 33.88 million.
The insiders hold 31.95% of the company’s shares while institutions hold 7.44%. The data shows that short shares as of 2025-03-14, stood at 3.21 million at a short ratio of 1.05. This represents a 994.00 short interest in shares outstanding on 2025-03-14. Shares short rose in March from the previous month at 2.63 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -51.34% down in year-to-date price movement.
