The 36-month beta value for HYZN is also noteworthy at 2.85. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for HYZN is 4.60M, and at present, short sellers hold a 5.77% of that float. The average trading volume of HYZN on October 22, 2024 was 270.45K shares.
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HYZN) stock’s latest price update
The stock price of Hyzon Motors Inc (NASDAQ: HYZN) has jumped by 19.17 compared to previous close of 1.93. Despite this, the company has seen a gain of 13.86% in its stock price over the last five trading days. prnewswire.com reported 2024-10-22 that First-Ever Fuel Cell Refuse Vehicle Order in North America BOLINGBROOK, Ill., Oct. 22, 2024 /PRNewswire/ — Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced it has entered into a purchase agreement for North America’s first 12 hydrogen-powered refuse Fuel Cell Electric Vehicles (FCEVs) with recycling and innovation pioneer GreenWaste®, contingent upon Hyzon meeting certain commercial terms and specifications as defined in the agreement.
HYZN’s Market Performance
HYZN’s stock has risen by 13.86% in the past week, with a monthly rise of 1.32% and a quarterly drop of -66.08%. The volatility ratio for the week is 9.80% while the volatility levels for the last 30 days are 10.09% for Hyzon Motors Inc The simple moving average for the last 20 days is 5.44% for HYZN’s stock, with a simple moving average of -88.86% for the last 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 -13.51% 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 -96.35% of loss for the given period.
Volatility was left at 10.09%, however, over the last 30 days, the volatility rate increased by 9.80%, as shares sank -9.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -51.71% lower at present.
During the last 5 trading sessions, HYZN rose by +8.42%, which changed the moving average for the period of 200-days by -94.20% in comparison to the 20-day moving average, which settled at $2.1758. In addition, Hyzon Motors Inc saw -94.86% 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 500,000 shares at the price of $0.07 back on Aug 28 ’24. After this action, HORIZON FUEL CELL TECHNOLOGIES now owns 35,478,275 shares of Hyzon Motors Inc, valued at $35,000 using the latest closing price.
HORIZON FUEL CELL TECHNOLOGIES, the 10% Owner of Hyzon Motors Inc, sale 2,000,000 shares at $0.09 during a trade that took place back on Aug 26 ’24, which means that HORIZON FUEL CELL TECHNOLOGIES is holding 35,978,275 shares at $180,000 based on the most recent closing price.
Stock Fundamentals for HYZN
Current profitability levels for the company are sitting at:
- -15.45 for the present operating margin
- -2.91 for the gross margin
The net margin for Hyzon Motors Inc stands at -16.86. The total capital return value is set at -2.42. Equity return is now at value -132.28, with -92.38 for asset returns.
Based on Hyzon Motors Inc (HYZN), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at -17.15. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is -15.18.
Currently, EBITDA for the company is -174.98 million with net debt to EBITDA at 0.19. When we switch over and look at the enterprise to sales, we see a ratio of -1.48. The receivables turnover for the company is 9.3for trailing twelve months and the total asset turnover is 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.99.
Conclusion
In summary, Hyzon Motors Inc (HYZN) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
