Hyliion Holdings Corp. (NYSE:HYLN) went up by 2.61% from its latest closing price compared to the recent 1-year high of $58.66. The company’s stock price has collected -2.33% of loss in the last five trading sessions. Barron’s reported on 02/13/21 that Hyliion Doesn’t Fear Disruption. It Has Plans of Its Own.
Is It Worth Investing in Hyliion Holdings Corp. (NYSE :HYLN) Right Now?
Opinions of the stock are interesting as 1 analysts out of 3 who provided ratings for Hyliion Holdings Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 1 as “sell.”
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
The average price from analysts is $19.67, which is $1.2 above the current price. HYLN currently public float of 84.80M and currently shorts hold a 6.29% ratio of that float. Today, the average trading volume of HYLN was 8.13M shares.
HYLN’s Market Performance
HYLN stocks went down by -2.33% for the week, with a monthly jump of 5.36% and a quarterly performance of -25.13%, while its annual performance rate touched 85.63%. The volatility ratio for the week stands at 10.77% while the volatility levels for the past 30 days are set at 9.91% for Hyliion Holdings Corp.. The simple moving average for the period of the last 20 days is 5.40% for HYLN stocks with a simple moving average of -19.67% for the last 200 days.
Analysts’ Opinion of HYLN
Many brokerage firms have already submitted their reports for HYLN stocks, with Goldman repeating the rating for HYLN by listing it as a “Sell.” The predicted price for HYLN in the upcoming period, according to Goldman is $12 based on the research report published on February 03rd of the current year 2021.
Barclays, on the other hand, stated in their research note that they expect to see HYLN reach a price target of $20. The rating they have provided for HYLN stocks is “Overweight” according to the report published on December 16th, 2020.
JP Morgan gave a rating of “Neutral” to HYLN, setting the target price at $27 in the report published on October 28th of the previous year.
HYLN Trading at 7.15% from the 50-Day Moving Average
After a stumble in the market that brought HYLN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.51% of loss for the given period.
Volatility was left at 9.91%, however, over the last 30 days, the volatility rate increased by 10.77%, as shares surge +6.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.84% lower at present.
During the last 5 trading sessions, HYLN fell by -2.33%, which changed the moving average for the period of 200-days by +85.81% in comparison to the 20-day moving average, which settled at $17.58. In addition, Hyliion Holdings Corp. saw 12.08% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for HYLN
Equity return is now at value -1.80, with -1.60 for asset returns.