while the 36-month beta value is 3.19.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 1 as “sell.”
The average price point forecasted by analysts for Hyzon Motors Inc (HYZN) is $1.00, which is -$0.25 below the current market price. The public float for HYZN is 89.93M, and currently, short sellers hold a 11.08% ratio of that floaft. The average trading volume of HYZN on November 20, 2023 was 533.16K shares.
HYZN) stock’s latest price update
Hyzon Motors Inc (NASDAQ: HYZN)’s stock price has gone rise by 32.56 in comparison to its previous close of 0.94, however, the company has experienced a 67.74% increase in its stock price over the last five trading days. Seeking Alpha reported 2023-11-14 that Hyzon Motors Inc. (NASDAQ:HYZN ) Q3 2023 Earnings Conference Call November 14, 2023 8:30 AM ET Company Participants Henry Kwon – Head of IR Parker Meeks – CEO & Director Steve Weiland – Chief Financial Officer JiaJia Wu – Senior VP of Finance & Accounting Conference Call Participants Steven Fox – Fox Advisors Mahima Kakani – JPMorgan Operator Good morning, and welcome to the Hyzon Motors Second Quarter 2023 Earnings Conference Call. Please note, that this call is being recorded.
HYZN’s Market Performance
HYZN’s stock has risen by 67.74% in the past week, with a monthly rise of 32.94% and a quarterly rise of 14.68%. The volatility ratio for the week is 27.28% while the volatility levels for the last 30 days are 16.59% for Hyzon Motors Inc The simple moving average for the past 20 days is 43.82% for HYZN’s stock, with a 15.19% simple moving average for the past 200 days.
Analysts’ Opinion of HYZN
Many brokerage firms have already submitted their reports for HYZN stocks, with Wedbush repeating the rating for HYZN by listing it as a “Neutral.” The predicted price for HYZN in the upcoming period, according to Wedbush is $3 based on the research report published on August 05, 2022 of the previous year 2022.
HYZN Trading at 16.61% from the 50-Day Moving Average
After a stumble in the market that brought HYZN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.81% of loss for the given period.
Volatility was left at 16.59%, however, over the last 30 days, the volatility rate increased by 27.28%, as shares surge +56.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.30% lower at present.
During the last 5 trading sessions, HYZN rose by +67.74%, which changed the moving average for the period of 200-days by -43.69% in comparison to the 20-day moving average, which settled at $0.8916. In addition, Hyzon Motors Inc saw -19.35% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at HYZN starting from HORIZON FUEL CELL TECHNOLOGIES, who sale 3,769,592 shares at the price of $1.71 back on Dec 27. After this action, HORIZON FUEL CELL TECHNOLOGIES now owns 151,869,414 shares of Hyzon Motors Inc, valued at $6,446,002 using the latest closing price.
Stock Fundamentals for HYZN
Current profitability levels for the company are sitting at:
- -4637.65 for the present operating margin
- -625.28 for the gross margin
The net margin for Hyzon Motors Inc stands at -863.82. The total capital return value is set at -49.55, while invested capital returns managed to touch -9.21. Equity return is now at value -62.59, with -52.47 for asset returns.
Based on Hyzon Motors Inc (HYZN), the company’s capital structure generated 3.13 points at debt to equity in total, while total debt to capital is 3.03. Total debt to assets is 2.53, with long-term debt to equity ratio resting at 2.43. Finally, the long-term debt to capital ratio is 2.36.
When we switch over and look at the enterprise to sales, we see a ratio of 76.94, with the company’s debt to enterprise value settled at 0.07. The receivables turnover for the company is 0.54 and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.82.
In a nutshell, Hyzon Motors Inc (HYZN) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.