Pursue Wealth Partners LLC Invests $168,000 in Palladyne AI Corp. (NASDAQ:PDYN)

Pursue Wealth Partners LLC bought a new stake in shares of Palladyne AI Corp. (NASDAQ:PDYN) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 93,768 shares of the company’s stock, valued at approximately $168,000.

Palladyne AI Price Performance

Shares of PDYN opened at $2.12 on Friday. Palladyne AI Corp. has a 12 month low of $0.45 and a 12 month high of $3.50. The stock has a market cap of $56.82 million, a PE ratio of -0.68 and a beta of 3.35. The stock’s 50-day moving average is $1.93 and its two-hundred day moving average is $1.79.

Palladyne AI (NASDAQ:PDYN) last posted its earnings results on Wednesday, August 7th. The company reported ($0.20) EPS for the quarter. Palladyne AI had a negative return on equity of 62.26% and a negative net margin of 893.88%. The firm had revenue of $2.71 million for the quarter.

Palladyne AI Profile

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.