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Palladyne AI Ticker Symbol now PDYN
Business Wire (Mon, 8-Apr 9:00 AM ET)
Palladyne AI Corp is a software company focused on autonomy for robotic systems. Its artificial intelligence and machine learning software seeks to revolutionize the capabilities of robots, enabling them to observe, learn, reason, and act in a manner akin to human intelligence. AI and ML software platform empowers robots to perceive variations or changes in the real-world environment, enabling them to autonomously maneuver and manipulate objects accurately in response. Palladyne AI software has wide application, including in industries such as automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics and warehousing.
Palladyne Ai Corp. trades on the NASDAQ stock market under the symbol PDYN.
As of May 9, 2024, PDYN stock price climbed to $1.34 with 76,977 million shares trading.
PDYN has a market cap of $35.58 million. This is considered a Sub-Micro Cap stock.
Last quarter Palladyne Ai Corp. reported $2 million in Revenue and -$.66 earnings per share. This beat revenue expectation by $627,000 and missed earnings estimates by -$.07.
PDYN support price is $1.21 and resistance is $1.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PDYN stock will trade within this expected range on the day.