Palladyne AI Corp [NASDAQ: PDYN] plunged by -$0.05 during the normal trading session on while it closed the day at $7.24.
Palladyne AI Corp stock has also loss -29.78% of its value over the past 7 days. However, PDYN stock has inclined by 213.42% in the 3 months of the year. Over the past six months meanwhile, it has gained 230.59% and lost -40.99% year-on date.
The market cap for PDYN stock reached $218.01 million, with 26.86 million shares outstanding and 19.07 million shares in the current float. Compared to the average trading volume of 7.42M shares, PDYN reached a trading volume of 9384819 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 1.83, with the Price to Sales ratio for PDYN stock in the period of the last 12 months amounting to 28.06. The Price to Book ratio for the last quarter was 8.30, with the Price to Cash per share for the same quarter was set at 0.71.
PDYN stock trade performance evaluation
Palladyne AI Corp [PDYN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -29.78. With this latest performance, PDYN shares gained by 77.89% in over the last four-week period, additionally plugging by 230.59% over the last 6 months – not to mention a rise of 964.71% 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 51.59, with the RSI for the last a single of trading hit 46.50, and the three-weeks RSI is set at 53.93 for Palladyne AI Corp [PDYN]. The present Moving Average for the last 50 days of trading for this stock 4.80, while it was recorded at 7.99 for the last single week of trading, and 2.56 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.
