Palladyne AI Corp [NASDAQ: PDYN] gained 2.93% on the last trading session, reaching $7.72 price per share at the time.
If compared to the average trading volume of 1.36M shares, PDYN reached a trading volume of 4213733 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $15.00 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 1.00. 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.
Alliance Global Partners have made an estimate for Palladyne AI Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 27, 2025.
The Average True Range (ATR) for Palladyne AI Corp is set at 0.75, with the Price to Sales ratio for PDYN stock in the period of the last 12 months amounting to 45.57. The Price to Book ratio for the last quarter was 9.74, with the Price to Cash per share for the same quarter was set at 1.31.
Trading performance analysis for PDYN stock
Palladyne AI Corp [PDYN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.57. With this latest performance, PDYN shares gained by 24.12% in over the last four-week period, additionally plugging by 67.83% over the last 6 months – not to mention a rise of 293.88% 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 61.71, with the RSI for the last a single of trading hit 64.81, and the three-weeks RSI is set at 58.38 for Palladyne AI Corp [PDYN]. The present Moving Average for the last 50 days of trading for this stock 6.43, while it was recorded at 7.50 for the last single week of trading, and 5.14 for the last 200 days.
Palladyne AI Corp [PDYN]: A deeper dive into fundamental analysis
Palladyne AI Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 16.00 and a Current Ratio set at 16.03.
An analysis of Institutional ownership at Palladyne AI Corp [PDYN]
The top three institutional holders of PDYN stocks are: VANGUARD GROUP INC with ownership of 0.62 million shares, which is approximately 2.3262%. DELTA AIR LINES, INC., holding 0.38 million shares of the stock with an approximate value of $$0.6 million in PDYN stocks shares; and DELTA AIR LINES, INC., currently with $$0.56 million in PDYN stock with ownership which is approximately 1.3037%.