Is There a Dimmer Outlook Ahead for Hyliion Holdings Corp. (HYLN)? – News Heater
Home  »  Trending   »  Is There a Dimmer Outlook Ahead for Hyliion Holdin...

Is There a Dimmer Outlook Ahead for Hyliion Holdings Corp. (HYLN)?

Hyliion Holdings Corp. (NYSE:HYLN) went down by -3.74% from its latest closing price compared to the recent 1-year high of $13.58. The company’s stock price has collected -18.44% of loss in the last five trading sessions. Barron’s reported on 10/20/20 that More EV Companies Are Coming to Market. None of Them Have Any Real Revenue.

Is It Worth Investing in Hyliion Holdings Corp. (NYSE :HYLN) Right Now?

Opinions of the stock are interesting as 1 analysts out of 5 who provided ratings for Hyliion Holdings Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 1 as “sell.”

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '22.
Small-cap Uranium stocks are booming in 2022! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here. .

Sponsored

HYLN currently public float of 109.70M and currently shorts hold a 13.52% ratio of that float. Today, the average trading volume of HYLN was 2.20M shares.

HYLN’s Market Performance

HYLN stocks went down by -18.44% for the week, with a monthly drop of -26.30% and a quarterly performance of -33.72%, while its annual performance rate touched -65.66%. The volatility ratio for the week stands at 10.28% while the volatility levels for the past 30 days are set at 7.73% for Hyliion Holdings Corp.. The simple moving average for the period of the last 20 days is -16.84% for HYLN stocks with a simple moving average of -54.61% for the last 200 days.

Analysts’ Opinion of HYLN

Many brokerage firms have already submitted their reports for HYLN stocks, with UBS repeating the rating for HYLN by listing it as a “Neutral.” The predicted price for HYLN in the upcoming period, according to UBS is $4 based on the research report published on March 02nd of the current year 2022.

Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see HYLN reach a price target of $12. The rating they have provided for HYLN stocks is “Overweight” according to the report published on November 11th, 2021.

Barclays gave a rating of “Equal Weight” to HYLN, setting the target price at $7 in the report published on November 11th of the previous year.

HYLN Trading at -26.94% 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 -79.16% of loss for the given period.

Volatility was left at 7.73%, however, over the last 30 days, the volatility rate increased by 10.28%, as shares sank -25.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.30% lower at present.

During the last 5 trading sessions, HYLN fell by -18.44%, which changed the moving average for the period of 200-days by -70.21% in comparison to the 20-day moving average, which settled at $3.35. In addition, Hyliion Holdings Corp. saw -54.35% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at HYLN starting from Sexton Patrick, who sale 68,579 shares at the price of $3.31 back on Apr 26. After this action, Sexton Patrick now owns 364,499 shares of Hyliion Holdings Corp., valued at $227,065 using the latest closing price.

Healy Thomas J., the CHIEF EXECUTIVE OFFICER of Hyliion Holdings Corp., sale 400,000 shares at $4.47 during a trade that took place back on Feb 01, which means that Healy Thomas J. is holding 32,972,856 shares at $1,787,600 based on the most recent closing price.

Stock Fundamentals for HYLN

Equity return is now at value -16.20, with -15.60 for asset returns.

Leave a Comment

Your email address will not be published.

Heading

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam