Hyliion Holdings Corporation (HYLN) concluded trading on Wednesday at a closing price of $1.41, with 3.81 million shares of worth about $5.37 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.71% during that period and on Wednesday the price saw a gain of about 27.03%. Currently the company’s common shares owned by public are about 179.83M shares, out of which, 125.88M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 53 times over the past 12 months. They bought 1,698,217 shares in 28 of the transactions. In 25 selling transactions, insiders dumped 334,909 shares.
Stock saw a price change of 30.56% in past 5 days and over the past one month there was a price change of 41.00%. Year-to-date (YTD), HYLN shares are showing a performance of 73.28% which decreased to -56.48% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.52 but also hit the highest price of $3.58 during that period. The average intraday trading volume for Hyliion Holdings Corporation shares is 1.41 million. The stock is currently trading 31.86% above its 20-day simple moving average (SMA20), while that difference is up 57.15% for SMA50 and it goes to 15.18% higher than SMA200.
Hyliion Holdings Corporation (NYSE: HYLN) currently have 179.83M outstanding shares and institutions hold larger chunk of about 19.31% of that.
The stock has a current market capitalization of $257.73M and its 3Y-monthly beta is at 1.56. It has posted earnings per share of -$0.69 in the same period. It has Quick Ratio of 14.71 while making debt-to-equity ratio of 0.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HYLN, volatility over the week remained 13.67% while standing at 12.05% over the month.
Analysts are in expectations that Hyliion Holdings Corporation (HYLN) stock would likely to be making an EPS of -$0.21 in the current quarter, while forecast for next quarter EPS is -$0.21 and it is -$0.21 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.21 which is -$0.21 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.16 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 61.76%.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on October 12, 2023 offering a Market perform rating for the stock and assigned a target price range of between $2.80 and $1.50 to it.
