A share price of Palladyne AI Corp. [PDYN] is currently trading at $2.34, up 1.30%. An important factor to consider is whether the stock is rising or falling in short-term value. The PDYN shares have gain 25.13% over the last week, with a monthly amount glided 54.97%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Palladyne AI Corp. experienced fluctuations in its stock price throughout the past year between $0.40 and $3.50. Palladyne AI Corp. [NASDAQ: PDYN] shares were valued at $2.34 at the most recent close of the market.
Analyzing the PDYN fundamentals
Trailing Twelve Months sales for Palladyne AI Corp. [NASDAQ:PDYN] were 8.73M which represents 112.45% growth. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -9.28%, Pretax Profit Margin comes in at -8.94%, and Net Profit Margin reading is -8.94%. To continue investigating profitability, this company’s Return on Assets is posted at -1.73, Equity is -1.72 and Total Capital is -2.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.39.
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 2.22 points at the first support level, and at 2.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.48, and for the 2nd resistance point, it is at 2.62.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Palladyne AI Corp. [NASDAQ:PDYN] is 6.47. On the other hand, the Quick Ratio is 6.47, and the Cash Ratio is 5.48. Considering the valuation of this stock, the price to sales ratio is 7.18, the price to book ratio is 2.10.
Transactions by insiders
Recent insider trading involved GARAGIC DENIS, CHIEF TECHNOLOGY OFFICER, that happened on Jun 28 ’24 when 1000.0 shares were purchased. PRESIDENT & CEO, Wolff Benjamin G completed a deal on Jun 21 ’24 to buy 2000.0 shares. Meanwhile, PRESIDENT & CEO Wolff Benjamin G bought 9000.0 shares on Jun 14 ’24.
