Palladyne AI Corp (NASDAQ:PDYN) price closed lower on Monday, June 30, and dropping -1.70% below its previous close.
A look at the daily price movement shows that the last close reads $8.81, with intraday deals fluctuated between $8.6301 and $9.0999. The company’s 5Y monthly beta was ticking 3.802. Taking into account the 52-week price action we note that the stock hit a 52-week high of $14.95 and 52-week low of $1.38. The stock added 12.18% on its value in the past month.
Palladyne AI Corp, which has a market valuation of $309.28 million, is expected to release its quarterly earnings report on 2025-May-07.
On average, analysts have forecast the company’s revenue for the quarter will hit 1.43M, with the likely lows of 1.43M and highs of 1.43M. Staying with the analyst view, there is a consensus estimate of 6.12M for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow -21.46% below that which the company brought in the current year earning report.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give PDYN a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that PDYN’s price is at present 0.06% off the SMA20 and 17.39% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 52.98, with weekly volatility standing at 9.23%. The indicator jumps to 11.39% when calculated based on the past 30 days. Palladyne AI Corp (NASDAQ:PDYN)’s beta value is holding at 3.79.
An analysis of the Palladyne AI Corp (NASDAQ:PDYN) stock in terms of its daily trading volume indicates that the 3-month average is 2.03 million. However, this figure increases on the past 10-day timeline to an average of 2.73 million.
Current records show that the company has 35.71M in outstanding shares. The insiders’ percentage holdings are 32.55% of outstanding shares while the percentage share held by institutions stands at 12.22%. The stats also highlight that short interest as of 2025-06-13, stood at 3.5 million shares, which puts the short ratio at the time at 1.08. From this we can glean that short interest is 1112.00 of company’s current outstanding shares. Notably, we see that shares short in June rose slightly given the previous month’s figure stood at 2.46 million. But the 451.59% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
