Heliogen Inc. (NYSE:HLGN) went down by -8.41% from its latest closing price compared to the recent 1-year high of $16.35. The company’s stock price has collected -14.78% of loss in the last five trading sessions.
Is It Worth Investing in Heliogen Inc. (NYSE :HLGN) Right Now?
Opinions of the stock are interesting as 1 analysts out of 3 who provided ratings for Heliogen Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $12.75, which is $3.18 above the current price. HLGN currently public float of 129.14M and currently shorts hold a 0.81% ratio of that float. Today, the average trading volume of HLGN was 635.57K shares.
HLGN’s Market Performance
HLGN stocks went down by -14.78% for the week, with a monthly drop of -40.12% and a quarterly performance of -42.58%, while its annual performance rate touched -69.82%. The volatility ratio for the week stands at 8.60% while the volatility levels for the past 30 days are set at 7.82% for Heliogen Inc.. The simple moving average for the period of the last 20 days is -23.52% for HLGN stocks with a simple moving average of -61.73% for the last 200 days.
Analysts’ Opinion of HLGN
Many brokerage firms have already submitted their reports for HLGN stocks, with Citigroup repeating the rating for HLGN by listing it as a “Neutral.” The predicted price for HLGN in the upcoming period, according to Citigroup is $3.75 based on the research report published on January 25th of the current year 2022.
Siebert Williams Shank, on the other hand, stated in their research note that they expect to see HLGN reach a price target of $12. The rating they have provided for HLGN stocks is “Hold” according to the report published on January 12th, 2022.
HLGN Trading at -37.41% from the 50-Day Moving Average
After a stumble in the market that brought HLGN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -82.02% of loss for the given period.
Volatility was left at 7.82%, however, over the last 30 days, the volatility rate increased by 8.60%, as shares sank -36.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.74% lower at present.
During the last 5 trading sessions, HLGN fell by -14.78%, in comparison to the 20-day moving average, which settled at $3.76. In addition, Heliogen Inc. saw -81.06% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for HLGN
Current profitability levels for the company are sitting at:
- -553.70 for the present operating margin
- -61.86 for the gross margin
The net margin for Heliogen Inc. stands at -1615.07.
The liquidity ratio also appears to be rather interesting for investors as it stands at 13.12.