Shares of Palladyne AI Corp. (NASDAQ:STRCW – Get Free Report) dropped 15.5% on Monday . The company traded as low as $0.24 and last traded at $0.25. Approximately 37,608 shares traded hands during trading, a decline of 33% from the average daily volume of 56,080 shares. The stock had previously closed at $0.30.
Palladyne AI Stock Performance
The stock has a 50 day moving average of $0.41 and a 200-day moving average of $0.29.
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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