Palladyne AI Corp [PDYN] stock is trading at $2.36, up 12.38%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PDYN shares have gain 21.03% over the last week, with a monthly amount glided 0.85%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Palladyne AI Corp [PDYN] stock has fluctuated between $0.45 and $3.50 over the past year. Palladyne AI Corp [NASDAQ: PDYN] shares were valued at $2.36 at the most recent close of the market.
Analyzing the PDYN fundamentals
Palladyne AI Corp [NASDAQ:PDYN] reported sales of 8.73M for the trailing twelve months, which represents a growth 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. 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 2.19 points at the first support level, and at 2.03 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 2.61.
Ratios To Look Out For
For context, Palladyne AI Corp’s Current Ratio is 6.47. Further, the Quick Ratio stands at 6.47, while the Cash Ratio is 5.48. Considering the valuation of this stock, the price to sales ratio is 7.78, the price to book ratio is 2.12.
Transactions by insiders
Recent insider trading involved WEIBLING DENNIS M, Director, that happened on Oct 31 ’24 when 0.22 million shares were purchased. PRESIDENT & CEO, Wolff Benjamin G completed a deal on Oct 31 ’24 to buy 0.11 million shares. Meanwhile, CHIEF TECHNOLOGY OFFICER GARAGIC DENIS bought 1000.0 shares on Jun 28 ’24.
