The stock has a 36-month beta value of 3.04. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HYZN is 207.41M, and at present, short sellers hold a 3.73% of that float. On August 09, 2024, the average trading volume of HYZN was 2.10M shares.
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HYZN) stock’s latest price update
Hyzon Motors Inc (NASDAQ: HYZN)’s stock price has plunge by 34.81relation to previous closing price of 0.09. Nevertheless, the company has seen a 3.41% surge in its stock price over the last five trading sessions. prnewswire.com reported 2024-08-06 that BOLINGBROOK, Ill., Aug. 6, 2024 /PRNewswire/ — Hyzon (NASDAQ: HYZN), a U.S.-based manufacturer and global supplier of high-performance hydrogen fuel cell systems focused on providing zero-emission power to decarbonize the most demanding industries, today announced that Management will host a conference call to discuss its second quarter 2024 earnings results at 8:30 a.m.
HYZN’s Market Performance
Hyzon Motors Inc (HYZN) has seen a 3.41% rise in stock performance for the week, with a -63.15% decline in the past month and a -79.39% plunge in the past quarter. The volatility ratio for the week is 16.69%, and the volatility levels for the past 30 days are at 16.40% for HYZN. The simple moving average for the past 20 days is -34.14% for HYZN’s stock, with a -82.04% 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.
DA Davidson gave a rating of “Neutral” to HYZN, setting the target price at $4 in the report published on August 05th of the previous year.
HYZN Trading at -63.77% 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 -91.93% of loss for the given period.
Volatility was left at 16.40%, however, over the last 30 days, the volatility rate increased by 16.69%, as shares sank -62.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -75.72% lower at present.
During the last 5 trading sessions, HYZN rose by +12.01%, which changed the moving average for the period of 200-days by -84.64% in comparison to the 20-day moving average, which settled at $0.1646. In addition, Hyzon Motors Inc saw -87.11% 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 HYZN starting from HORIZON FUEL CELL TECHNOLOGIES, who sale 199,392 shares at the price of $0.51 back on Jun 05 ’24. After this action, HORIZON FUEL CELL TECHNOLOGIES now owns 89,034,094 shares of Hyzon Motors Inc, valued at $101,690 using the latest closing price.
HORIZON FUEL CELL TECHNOLOGIES, the 10% Owner of Hyzon Motors Inc, sale 217,971 shares at $0.52 during a trade that took place back on Jun 04 ’24, which means that HORIZON FUEL CELL TECHNOLOGIES is holding 89,233,486 shares at $113,345 based on the most recent closing price.
Stock Fundamentals for HYZN
Current profitability levels for the company are sitting at:
- -16.88 for the present operating margin
- -1.36 for the gross margin
The net margin for Hyzon Motors Inc stands at -18.21. The total capital return value is set at -1.46. Equity return is now at value -99.73, with -77.46 for asset returns.
Based on Hyzon Motors Inc (HYZN), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -17.31. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -16.17.
Currently, EBITDA for the company is -174.98 million with net debt to EBITDA at 0.29. When we switch over and look at the enterprise to sales, we see a ratio of -0.92. The receivables turnover for the company is 2.49for trailing twelve months and the total asset turnover is 0.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.43.
Conclusion
To sum up, Hyzon Motors Inc (HYZN) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
