The 36-month beta value for HYLN is also noteworthy at 1.93. There are mixed opinions on the stock, with 0 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 HYLN is 119.79M, and at present, short sellers hold a 9.42% of that float. The average trading volume of HYLN on November 19, 2024 was 881.66K shares.
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HYLN) stock’s latest price update
Hyliion Holdings Corporation (AMEX: HYLN) has experienced a rise in its stock price by 7.32 compared to its previous closing price of 2.80. However, the company has seen a gain of 4.34% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-15 that Hyliion Holdings Corp. (NYSE:HYLN ) Q3 2024 Earnings Call Transcript November 15, 2024 11:00 AM ET Company Participants Greg Standley – VP, Finance & Accounting Thomas Healy – CEO Jon Panzer – CFO Conference Call Participants Sean Milligan – Janney Ted Jackson – Northland Operator Good morning. Thank you for standing by.
HYLN’s Market Performance
Hyliion Holdings Corporation (HYLN) has seen a 4.34% rise in stock performance for the week, with a 19.72% gain in the past month and a 48.76% surge in the past quarter. The volatility ratio for the week is 12.44%, and the volatility levels for the past 30 days are at 7.65% for HYLN. The simple moving average for the past 20 days is 16.55% for HYLN’s stock, with a 62.64% simple moving average for the past 200 days.
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 23.41% 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 able to rebound, for now settling with 1.01% of gains for the given period.
Volatility was left at 7.65%, however, over the last 30 days, the volatility rate increased by 12.44%, as shares surge +12.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +67.51% upper at present.
During the last 5 trading sessions, HYLN rose by +2.95%, which changed the moving average for the period of 200-days by +187.86% in comparison to the 20-day moving average, which settled at $2.58. In addition, Hyliion Holdings Corporation saw 269.30% 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:
- -26.59 for the present operating margin
- -0.68 for the gross margin
The net margin for Hyliion Holdings Corporation stands at -25.98. The total capital return value is set at -0.26. Equity return is now at value -22.56, with -21.25 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 -10.58. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -34172.0.
Currently, EBITDA for the company is -122.38 million with net debt to EBITDA at 0.36. When we switch over and look at the enterprise to sales, we see a ratio of 190.19. The receivables turnover for the company is 2.04for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 17.62.
Conclusion
In summary, Hyliion Holdings Corporation (HYLN) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
