Palladyne AI Corp. (NASDAQ:PDYN – Get Free Report)’s stock price dropped 4.1% on Monday . The company traded as low as $2.00 and last traded at $2.10. Approximately 306,604 shares were traded during trading, a decline of 46% from the average daily volume of 562,694 shares. The stock had previously closed at $2.19.
Palladyne AI Stock Performance
The business has a fifty day moving average of $1.84.
Palladyne AI (NASDAQ:PDYN – Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported ($0.20) earnings per share for the quarter. The firm had revenue of $2.71 million for the quarter. Palladyne AI had a negative return on equity of 62.26% and a negative net margin of 893.88%.
About Palladyne AI
Palladyne AI Corp., a software company, focuses on delivering software that enhances the utility and functionality of third-party stationary and mobile robotic systems in the United States. Its Artificial Intelligence (AI)/ Machine Learning (ML) software platform enables robots to observe, learn, reason, and act in structured and unstructured environments.
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