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How to Buy Palladyne Ai Stock

Palladyne Ai Corp

Sarcos Corp. , a robotics and sensor company, designs, builds, and produces dexterous tele-operated robotic systems.

Palladyne Ai stock last closed at $1.46, down 3.31% from the previous day, and has decreased 31.58% in one year. It has underperformed other stocks in the Computer Hardware industry by 1.82 percentage points. Palladyne Ai stock is currently +266.83% from its 52-week low of $0.40, and -55.08% from its 52-week high of $3.25.

As of Apr 25, 2024, there are 25.9M shares of PDYN outstanding. The market capitalization of PDYN is $37.81M. In the last 24 hours, 140,043 PDYN shares were traded.

How to Buy Palladyne Ai Stock

Wondering how to invest in Palladyne Ai stock? Here's how.
  1. Decide where to buy Palladyne Ai stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Palladyne Ai stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Pick your payment method and add your details.
  4. Analyze Palladyne Ai stock: The Palladyne Ai ticker symbol is PDYN. Is Palladyne Ai stock a good investment? Should you buy shares of PDYN? How do PDYN's underlying business fundamentals look? Do top analysts think Palladyne Ai is a good buy? Why has PDYN's stock price moved recently? (Hint: Our stock market research website can help you evaluate if PDYN is a good stock to buy).
  5. Place your PDYN trade: Decide if you will purchase PDYN shares at the current market price or use a limit order to purchase PDYN shares at a given price.
  6. Get notifications regarding your PDYN investment: Create a watchlist to get the latest news on your position in Palladyne Ai shares.

Step 1: Decide where to buy Palladyne Ai stock

You will need a brokerage account to access the NASDAQ market and buy PDYN shares.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our experience, eToro is the best stock brokerage. eToro gives you:

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Step 2: Sign up for a brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal info so you are able to invest in PDYN today.

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  1. Click here to get started.
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  2. Input your personal info to create your new trading account.
  1. Send your information by hitting the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've finished signing up on the best stock app, you need to deposit funds:

Check out the tutorial below to see the process of depositing funds into your brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Palladyne Ai stock

Once you have decided on the best place to buy Palladyne Ai stock, it's critical to analyze their stock before you invest, so you actually wrap your head around the risk and upside.

Palladyne Ai Metrics

PDYN Price
$1.46
1w %
-0.68%
1y %
-31.58%
5y %
N/A
P/E
-0.32x
P/B
0.92x
P/S
6.08x
PEG
N/A
Revenue
$6.15M
Earnings
-$115.59M
Fore. Rev. Growth
171.59%
Fore. Earn. Growth
N/A
Market Cap
$37.81M
Next Earnings
May 8, 2024
Next Dividend
N/A

Palladyne Ai Due Diligence Checks

WallStreetZen was created to help average investors perform more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on PDYN's stock page.

Is PDYN stock overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge PDYN's intrinsic value.

Using relative valuations ratios:

  • PDYN could be undervalued based on its P/B ratio of 0.92x, relative to Computer Hardware industry P/B ratio of 13.58x

You can access more valuation research on PDYN's stock here.

PDYN Financial Summary

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the PDYN balance sheet.
  • There are more short-term assets than short-term liabilities on the PDYN balance sheet.

Failed Financial Due Diligence Checks:

  • PDYN profit margin has gone down from -1,078.5% to -1,880.8% in the past year.
  • PDYN has $39.09M in cash and short term investments. This is not sufficient to cover its annual cash burn of $77.40M.
  • PDYN has a relatively high debt to equity ratio of 0.48.
  • PDYN has cash burn of 77402000. It does not have sufficient cash and short-term investments to cover this.

You can dig deeper into what analysts are saying on the Palladyne Ai stock forecast page.

PDYN Technical Indicators

SMA10
1.59
SMA20
1.89
SMA50
1.61
SMA100
1.11
SMA200
1.05
MACD
-0.07
MACD Signal
0.02
MACD Histogram
-0.09
RSI
42.23
Stochastic %K
9.18
Stochastic %D
8.31
StochRSI %K
10.59
StochRSI %D
8.61

How are PDYN Revenues/Earnings doing?

Last year, PDYN revenue was $6.15M. During the last 4 year, PDYN's revenue has grown by -11.79% per year. This was slower than the Computer Hardware industry average of 9.15%.

You can analyze PDYN's earnings and revenue performance here.

Latest Insiders Trades at PDYN

Over the last 12 months, insiders at PDYN have bought more shares than they have sold.

Trevor Thatcher, CHIEF FINANCIAL OFFICER of PDYN, was the latest PDYN insider to sell. They sold $59.10 worth of PDYN shares on Apr 1, 2024.

Research more about who owns PDYN stock here.

Can I get consistent income from PDYN stock?

No, Palladyne Ai doesn't provide an income stream by paying out dividends.

What others are saying about PDYN

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your PDYN trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price limit, use a limit order.

Click the Open button and eToro will execute your order.

If you need more info about investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get notifications regarding your PDYN investment

Now that you own some PDYN shares, you'll want to stay up-to-date on your new stock purchase.

Make a watchlist to monitor your PDYN stock.

PDYN Feed

How to Buy Stock in Palladyne Ai

To reiterate, here are the 6 steps to buy stock in Palladyne Ai:

  1. Decide where to buy Palladyne Ai stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Palladyne Ai stock
  5. Place your PDYN trade
  6. Get notifications regarding your PDYN investment

If you need a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Palladyne Ai, add PDYN to your watchlist by clicking the button below.

NASDAQ: PDYN
$1.46-0.05 (-3.31%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: PDYN
$1.46-0.05 (-3.31%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Palladyne Ai share?

As of Apr 25, 2024, it costs $1.46 to buy one share of Palladyne Ai stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.73, you can buy 0.5 shares of PDYN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Palladyne Ai stock?

One way to place an order for Palladyne Ai stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.