Daily Market Movement: Palladyne AI Corp (PDYN) Sees a -2.34 Decrease, Closing at 7.52

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

The closing price of Palladyne AI Corp (NASDAQ: PDYN) was $7.52 for the day, down -2.34% from the previous closing price of $7.70. In other words, the price has decreased by -$2.34 from its previous closing price. On the day, 1.46 million shares were traded. PDYN stock price reached its highest trading level at $7.67 during the session, while it also had its lowest trading level at $6.9.

Ratios:

Our analysis of PDYN’s different ratios will help us gain a deeper understanding of the company. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 11 ’25 when Wolff Benjamin G bought 2,923 shares for $5.90 per share. The transaction valued at 17,259 led to the insider holds 1,314,126 shares of the business.

Wolff Benjamin G bought 5,000 shares of PDYN for $31,981 on Mar 07 ’25. The PRESIDENT & CEO now owns 1,311,203 shares after completing the transaction at $6.40 per share. On Feb 24 ’25, another insider, GARAGIC DENIS, who serves as the CHIEF TECHNOLOGY OFFICER of the company, sold 55,827 shares for $7.03 each. As a result, the insider received 392,441 and left with 495,978 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 270487616 and an Enterprise Value of 235817152. For the stock, the TTM Price-to-Sale (P/S) ratio is 34.00. Its current Enterprise Value per Revenue stands at 30.287 whereas that against EBITDA is -8.97.

Stock Price History:

The Beta on a monthly basis for PDYN is 3.66, which has changed by 2.43379 over the last 52 weeks, in comparison to a change of 0.07465422 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 $1.26. The 50-Day Moving Average of the stock is -8.86%, while the 200-Day Moving Average is calculated to be 88.28%.

Shares Statistics:

PDYN traded an average of 8.14M shares per day over the past three months and 1830960 shares per day over the past ten days. A total of 33.88M shares are outstanding, with a floating share count of 23.97M. Insiders hold about 31.95% of the company’s shares, while institutions hold 7.44% stake in the company. Shares short for PDYN as of 1740700800 were 3665984 with a Short Ratio of 0.45, compared to 1738281600 on 2322419. Therefore, it implies a Short% of Shares Outstanding of 3665984 and a Short% of Float of 11.350001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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