In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Palladyne AI Corp (NASDAQ: PDYN) closed at $6.22 in the last session, down -3.57% from day before closing price of $6.45. In other words, the price has decreased by -$3.57 from its previous closing price. On the day, 0.63 million shares were traded.
Ratios:
We take a closer look at PDYN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 9.62 and its Current Ratio is at 9.64.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Alliance Global Partners on January 27, 2025, initiated with a Buy rating and assigned the stock a target price of $15.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 25 ’25 when Peterson Laura J. bought 50,000 shares for $6.30 per share.
VOGT MATTHEW sold 538 shares of PDYN for $3,129 on Mar 31 ’25. The CHIEF REVENUE OFFICER now owns 166,385 shares after completing the transaction at $5.82 per share. On Mar 31 ’25, another insider, SONNE STEPHEN, who serves as the CHIEF LEGAL OFFICER of the company, sold 1,141 shares for $5.82 each. As a result, the insider received 6,636 and left with 196,077 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 28.52.
Stock Price History:
Over the past 52 weeks, PDYN has reached a high of $14.95, while it has fallen to a 52-week low of $1.26. The 50-Day Moving Average of the stock is -6.20%, while the 200-Day Moving Average is calculated to be 33.88%.
Shares Statistics:
A total of 33.88M shares are outstanding, with a floating share count of 24.37M. Insiders hold about 31.77% of the company’s shares, while institutions hold 7.35% stake in the company.
