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A Tale of Resilience: Palladyne AI Corp Amid Stock Market Turbulence

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Palladyne AI Corp’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $3.50 on 10/09/24 and a low of $0.45 for the same time frame on 02/05/24.

52-week price history of PDYN Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Palladyne AI Corp’s current trading price is -44.57% away from its 52-week high, while its distance from the 52-week low is 330.92%. The stock’s price range during this period has spanned from $0.45 to $3.50. In the Technology sector, the Palladyne AI Corp’s shares surpassed a trading volume of approximately 2.1 million for the day, which was noticeably higher compared to the average daily volume of 9.0.7 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Palladyne AI Corp (PDYN) has experienced a quarterly rise of 1.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 58.42M and boasts a workforce of 70 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.9060, with a change in price of +0.3800. Similarly, Palladyne AI Corp recorded 514,825 in trading volume during the last 100 days, posting a change of +24.36%.

Examining PDYN’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for PDYN stands at 0.49. Similarly, the long-term debt-to-equity ratio is also 0.44.

PDYN Stock Stochastic Average

Today’s raw stochastic average for Palladyne AI Corp over the last 50 days is 23.90%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 27.17%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 16.30% and 14.49%, respectively.

PDYN Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 168.96%.However, over the last six months, we can see a stronger performance of -3.00%. Over the last 30 days, the price of PDYN has leaped by -2.51%. And in the last five days, it has fallen by -6.28%.

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