Market cap of Palladyne AI Corp [PDYN] reaches 305.44M – now what?

Palladyne AI Corp [NASDAQ: PDYN] plunged by -$0.19 during the normal trading session on while it closed the day at $4.41.

Palladyne AI Corp stock has also gained 147.75% of its value over the past 7 days. However, PDYN stock has inclined by 157.89% in the 3 months of the year. Over the past six months meanwhile, it has gained 138.38% and gained 511.40% year-on date.

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The market cap for PDYN stock reached $305.44 million, with 25.88 million shares outstanding and 15.48 million shares in the current float. Compared to the average trading volume of 2.11M shares, PDYN reached a trading volume of 17442880 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Palladyne AI Corp [PDYN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PDYN shares is $1.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PDYN stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for Palladyne AI Corp is set at 0.58, with the Price to Sales ratio for PDYN stock in the period of the last 12 months amounting to 39.31. The Price to Book ratio for the last quarter was 5.06, with the Price to Cash per share for the same quarter was set at 0.31.

PDYN stock trade performance evaluation

Palladyne AI Corp [PDYN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 147.75. With this latest performance, PDYN shares gained by 96.87% in over the last four-week period, additionally plugging by 138.38% over the last 6 months – not to mention a rise of 548.34% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PDYN stock in for the last two-week period is set at 78.65, with the RSI for the last a single of trading hit 82.94, and the three-weeks RSI is set at 75.03 for Palladyne AI Corp [PDYN]. The present Moving Average for the last 50 days of trading for this stock 2.14, while it was recorded at 2.95 for the last single week of trading, and 1.79 for the last 200 days.

Palladyne AI Corp [PDYN]: An insightful look at the core fundamentals

Palladyne AI Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.02 and a Current Ratio set at 5.02.

Earnings per share (EPS) analysis for Palladyne AI Corp [PDYN] stock

With the latest financial reports released by the company, Palladyne AI Corp posted -0.72/share EPS, while the average EPS was predicted by analysts to be reported at -0.88/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.16. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PDYN.

Palladyne AI Corp [PDYN]: Institutional Ownership

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