Palladyne AI Corp. [PDYN] stock prices are up 2.23% to $2.29 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PDYN shares have gain 9.05% over the last week, with a monthly amount glided 27.22%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
The stock price of Palladyne AI Corp. [PDYN] has been fluctuating between $0.40 and $3.50 over the past year. Palladyne AI Corp. [NASDAQ: PDYN] shares were valued at $2.29 at the most recent close of the market.
Analyzing the PDYN fundamentals
The Palladyne AI Corp. [NASDAQ:PDYN] reported sales of 8.73M for trailing twelve months, representing a surge of 112.45%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.39.
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 2.14 points at the first support level, and at 1.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.53, and for the 2nd resistance point, it is at 2.76.
Ratios To Look Out For
It’s worth pointing out that Palladyne AI Corp. [NASDAQ:PDYN]’s Current Ratio 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 7.03, the price to book ratio is 2.06.
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.
