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In the latest session, Palladyne AI Corp. (NASDAQ: PDYN) closed at $1.69 up 1.20% from its previous closing price of $1.67. In other words, the price has increased by $1.20 from its previous closing price. On the day, 51750.0 shares were traded. PDYN stock price reached its highest trading level at $1.7 during the session, while it also had its lowest trading level at $1.63.
Ratios:
For a deeper understanding of Palladyne AI Corp.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.47 and its Current Ratio is at 6.47. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.35.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 28 ’24 when GARAGIC DENIS bought 1,000 shares for $1.55 per share. The transaction valued at 1,550 led to the insider holds 553,743 shares of the business.
Wolff Benjamin G bought 2,000 shares of PDYN for $3,000 on Jun 21 ’24. The PRESIDENT & CEO now owns 1,306,203 shares after completing the transaction at $1.50 per share. On Jun 14 ’24, another insider, Wolff Benjamin G, who serves as the PRESIDENT & CEO of the company, bought 9,000 shares for $1.77 each. As a result, the insider paid 15,950 and bolstered with 1,302,203 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 45292000 and an Enterprise Value of 31199000. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.19 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 3.575 whereas that against EBITDA is -0.681.
Stock Price History:
Over the past 52 weeks, PDYN has reached a high of $3.25, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is -5.28%, while the 200-Day Moving Average is calculated to be 25.19%.
Shares Statistics:
For the past three months, PDYN has traded an average of 116.93K shares per day and 91590 over the past ten days. A total of 25.88M shares are outstanding, with a floating share count of 14.44M. Insiders hold about 46.13% of the company’s shares, while institutions hold 9.58% stake in the company. Shares short for PDYN as of 1723680000 were 277068 with a Short Ratio of 2.37, compared to 1721001600 on 347789. Therefore, it implies a Short% of Shares Outstanding of 277068 and a Short% of Float of 1.16.
