Palladyne AI Corp. [STRC] stock prices are up 7.69% to $1.96 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The STRC shares have gain 3.16% over the last week, with a monthly amount glided 17.37%, and seem to be holding up well over a long-time horizon.
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On 18, March 2024, Sarcos Robotics is Now Palladyne AI. In a post published today on Yahoo Finance, Rebranding Emphasizes New Focus on Brain over Brawn.
From an analyst’s perspective:
The stock price of Palladyne AI Corp. [STRC] has been fluctuating between $0.40 and $3.25 over the past year. Currently, Wall Street analysts expect the stock to reach $252 within the next 12 months. Palladyne AI Corp. [NASDAQ: STRC] shares were valued at $1.96 at the most recent close of the market. An investor can expect a potential return of 12757.14% based on the average STRC price forecast.
Analyzing the STRC fundamentals
The Palladyne AI Corp. [NASDAQ:STRC] reported sales of 6.15M for trailing twelve months, representing a drop of -87.81%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at -16.16%, Pretax Profit Margin comes in at -18.81%, and Net Profit Margin reading is -18.6%. To continue investigating profitability, this company’s Return on Assets is posted at -1.89, Equity is -1.34 and Total Capital is -1.91. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7534 points at the first support level, and at 1.5467 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.1733, and for the 2nd resistance point, it is at 2.3865.
Ratios To Look Out For
It’s worth pointing out that Palladyne AI Corp. [NASDAQ:STRC]’s Current Ratio is 5.33. Also, the Quick Ratio is 5.20, while the Cash Ratio stands at 2.74. Considering the valuation of this stock, the price to sales ratio is 8.25, the price to book ratio is 1.24.
Transactions by insiders
Recent insider trading involved FINN BRIAN D, Director, that happened on Dec 22 ’23 when 80000.0 shares were purchased. Director, FINN BRIAN D completed a deal on Dec 21 ’23 to buy 40000.0 shares. Meanwhile, Director FINN BRIAN D bought 16459.0 shares on Dec 15 ’23.
