For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $8.45 in the prior trading day, Palladyne AI Corp (NASDAQ: PDYN) closed at $8.51, up 0.71%. In other words, the price has increased by $0.71 from its previous closing price. On the day, 4.08 million shares were traded. PDYN stock price reached its highest trading level at $9.23 during the session, while it also had its lowest trading level at $8.04.
Ratios:
Our goal is to gain a better understanding of PDYN by taking a closer look at 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.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 256256528 and an Enterprise Value of 34951000. For the stock, the TTM Price-to-Sale (P/S) ratio is 32.98 while its Price-to-Book (P/B) ratio in mrq is 9.76. 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 3.81, which has changed by 16.915789 over the last 52 weeks, in comparison to a change of 0.22208416 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 29.13%, while the 200-Day Moving Average is calculated to be 183.34%.
Shares Statistics:
The stock has traded on average 9.26M shares per day over the past 3-months and 7867050 shares per day over the last 10 days, according to various share statistics. A total of 26.86M shares are outstanding, with a floating share count of 19.12M. Insiders hold about 36.52% 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 0.24, compared to 1727654400 on 208454. Therefore, it implies a Short% of Shares Outstanding of 529115 and a Short% of Float of 2.21.
