Palladyne AI (NASDAQ:STRCW) Trading Down 0.8% – Should You Sell?

Palladyne AI Corp. (NASDAQ:STRCW)’s stock price traded down 0.8% on Wednesday . The stock traded as low as $0.56 and last traded at $0.59. 88,228 shares changed hands during trading, an increase of 57% from the average session volume of 56,080 shares. The stock had previously closed at $0.60.

Palladyne AI Stock Performance

The stock’s 50 day simple moving average is $0.41 and its 200-day simple moving average is $0.16.

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.