The stock of Hyliion Holdings Corporation (HYLN) has gone down by -0.48% for the week, with a 3.47% rise in the past month and a 35.71% rise in the past quarter. The volatility ratio for the week is 6.47%, and the volatility levels for the past 30 days are 6.12% for HYLN. The simple moving average for the last 20 days is 9.08% for HYLN’s stock, with a simple moving average of 39.40% for the last 200 days.
Is It Worth Investing in Hyliion Holdings Corporation (NYSE: HYLN) Right Now?
HYLN has 36-month beta value of 1.88. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for HYLN is 114.41M, and currently, short sellers hold a 9.93% ratio of that float. The average trading volume of HYLN on September 20, 2024 was 806.09K shares.
HYLN) stock’s latest price update
The stock price of Hyliion Holdings Corporation (NYSE: HYLN) has dropped by -3.24 compared to previous close of 2.16. Despite this, the company has seen a fall of -0.48% in its stock price over the last five trading days. benzinga.com reported 2024-09-12 that The Dow Jones index closed higher by more than 100 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects.
Analysts’ Opinion of HYLN
Many brokerage firms have already submitted their reports for HYLN stocks, with Northland Capital repeating the rating for HYLN by listing it as a “Market Perform.” The predicted price for HYLN in the upcoming period, according to Northland Capital is $1.50 based on the research report published on October 12, 2023 of the previous year 2023.
Northland Capital, on the other hand, stated in their research note that they expect to see HYLN reach a price target of $4. The rating they have provided for HYLN stocks is “Outperform” according to the report published on November 22nd, 2022.
Cantor Fitzgerald gave a rating of “Neutral” to HYLN, setting the target price at $5 in the report published on August 11th of the previous year.
HYLN Trading at 3.61% 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 -19.77% of loss for the given period.
Volatility was left at 6.12%, however, over the last 30 days, the volatility rate increased by 6.47%, as shares surge +8.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.76% upper at present.
During the last 5 trading sessions, HYLN rose by +0.48%, which changed the moving average for the period of 200-days by +253.79% in comparison to the 20-day moving average, which settled at $1.92. In addition, Hyliion Holdings Corporation saw 156.85% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HYLN starting from RAMASAMY GOVINDARAJ, who purchase 30,000 shares at the price of $1.92 back on Sep 11 ’24. After this action, RAMASAMY GOVINDARAJ now owns 298,000 shares of Hyliion Holdings Corporation, valued at $57,600 using the latest closing price.
RAMASAMY GOVINDARAJ, the Chief Commercial Officer of Hyliion Holdings Corporation, purchase 10,000 shares at $1.50 during a trade that took place back on Jun 12 ’24, which means that RAMASAMY GOVINDARAJ is holding 227,500 shares at $15,000 based on the most recent closing price.
Stock Fundamentals for HYLN
Current profitability levels for the company are sitting at:
- -876.77 for the present operating margin
- -37.73 for the gross margin
The net margin for Hyliion Holdings Corporation stands at -894.79. The total capital return value is set at -0.31. Equity return is now at value -27.23, with -25.55 for asset returns.
Based on Hyliion Holdings Corporation (HYLN), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -13.35. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -42085.0.
Currently, EBITDA for the company is -122.38 million with net debt to EBITDA at 0.16. When we switch over and look at the enterprise to sales, we see a ratio of 3621.32. The receivables turnover for the company is 0.26for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 21.91.
Conclusion
To put it simply, Hyliion Holdings Corporation (HYLN) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
