Palladyne AI (NASDAQ:STRCW) Trading Up 28.3% – Still a Buy?

Palladyne AI Corp. (NASDAQ:STRCWGet Free Report)’s share price rose 28.3% on Tuesday . The stock traded as high as $0.77 and last traded at $0.77. Approximately 382,898 shares changed hands during trading, an increase of 583% from the average daily volume of 56,080 shares. The stock had previously closed at $0.60.

Palladyne AI Stock Performance

The business’s 50-day moving average price is $0.24 and its 200-day moving average price is $0.11.

About Palladyne AI

(Get Free Report)

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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