Palladyne AI Corp [NASDAQ: PDYN] gained 1.44% or 0.13 points to close at $9.17 with a heavy trading volume of 6137286 shares.
It opened the trading session at $9.67, the shares rose to $10.49 and dropped to $9.11, the range by which the price of stock traded the whole day. The daily chart for PDYN points out that the company has recorded 25.79% gains over the past six months.
If we look at the average trading volume of 2.27M shares, PDYN reached to a volume of 6137286 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 Price to Book ratio for the last quarter was 11.57, 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 8.91. With this latest performance, PDYN shares gained by 6.38% in over the last four-week period, additionally plugging by 25.79% over the last 6 months – not to mention a drop of -25.26% 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 57.96, with the RSI for the last a single of trading hit 0.82, and the three-weeks RSI is set at 0.81 for Palladyne AI Corp [PDYN]. The present Moving Average for the last 50 days of trading for this stock 7.86, while it was recorded at 8.75 for the last single week of trading, and 6.21 for the last 200 days.
Palladyne AI Corp [PDYN]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Palladyne AI Corp [PDYN] shares currently have an operating margin of -442.21% and a Gross Margin at 67.71%. Palladyne AI Corp’s Net Margin is presently recorded at -704.03%.
Return on Equity for this stock declined to -74.98%, with Return on Assets sitting at -74.98%.
An analysis of Institutional ownership at Palladyne AI Corp [PDYN]
There are presently around $12.35%, or 17.47% of PDYN stock, in the hands of institutional investors. 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%.
