Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Palladyne AI Corp’s stock clocked out at $9.04, up 24.86% from its previous closing price of $7.24. In other words, the price has increased by $24.86 from its previous closing price. On the day, 10.64 million shares were traded. PDYN stock price reached its highest trading level at $9.46 during the session, while it also had its lowest trading level at $7.5.
Ratios:
To gain a deeper understanding of PDYN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.02 and its Current Ratio is at 5.02. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.44.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 31 ’24 when WEIBLING DENNIS M bought 215,053 shares for $2.20 per share. The transaction valued at 473,117 led to the insider holds 389,884 shares of the business.
Wolff Benjamin G bought 107,526 shares of PDYN for $236,557 on Oct 31 ’24. The PRESIDENT & CEO now owns 107,526 shares after completing the transaction at $2.20 per share. On Jun 28 ’24, another insider, GARAGIC DENIS, who serves as the CHIEF TECHNOLOGY OFFICER of the company, bought 1,000 shares for $1.55 each. As a result, the insider paid 1,550 and bolstered with 553,743 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PDYN now has a Market Capitalization of 272216096 and an Enterprise Value of 34951000. For the stock, the TTM Price-to-Sale (P/S) ratio is 35.03 while its Price-to-Book (P/B) ratio in mrq is 10.37. Its current Enterprise Value per Revenue stands at 4.005 whereas that against EBITDA is -0.763.
Stock Price History:
The Beta on a monthly basis for PDYN is 3.97, which has changed by 9.986343 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, PDYN has reached a high of $14.95, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is 83.04%, while the 200-Day Moving Average is calculated to be 248.46%.
Shares Statistics:
It appears that PDYN traded 7.56M shares on average per day over the past three months and 15999990 shares per day over the past ten days. A total of 26.86M shares are outstanding, with a floating share count of 19.07M. Insiders hold about 36.67% of the company’s shares, while institutions hold 7.55% stake in the company. Shares short for PDYN as of 1730332800 were 529115 with a Short Ratio of 0.55, compared to 1727654400 on 208454. Therefore, it implies a Short% of Shares Outstanding of 529115 and a Short% of Float of 2.21.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
