Palladyne AI Corp had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $7.37 on 12/02/24, while the lowest price during the same period was $0.45 on 02/05/24.
52-week price history of PDYN Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Palladyne AI Corp’s current trading price is -19.63% away from its 52-week high, while its distance from the 52-week low is 1214.97%. The stock’s price range during this period has fluctuated between $0.45 and $7.37. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 7.68 million for the day, which was evidently higher than the average daily volume of 3.2 million over the last three months.
Financial Performance and Market Capitalization
Palladyne AI Corp (PDYN) has experienced a quarterly rise of 267.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 216.06M and boasts a workforce of 70 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.13, with a change in price of +3.95. Similarly, Palladyne AI Corp recorded 2,160,380 in trading volume during the last 100 days, posting a change of +200.51%.
PDYN Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its 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
Palladyne AI Corp’s raw stochastic average for the past 50 days is currently at 68.20%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 67.79%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 71.99% and 72.64%, respectively.
PDYN Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 720.74%.However, over the last six months, we can see a weaker performance of 225.27%. Over the last 30 days, the price of PDYN has fallen by 188.78%. And in the last five days, it has surged by 28.70%.
