Hyzon Motors Inc (NASDAQ: HYZN) has experienced a decline in its stock price by -13.79 compared to its previous closing price of 1.16. However, the company has seen a fall of -5.21% in its stock price over the last five trading days. prnewswire.com reported 2024-12-20 that BOLINGBROOK, Ill., Dec. 20, 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 the Company has issued a Worker Adjustment and Retraining Notification Act (WARN Act) notice (the Notice) to its employees at the Company’s Bolingbrook, Illinois and Troy, Michigan facilities, as well as to substantially all of its remaining employees in the states of Illinois and Michigan.
Is It Worth Investing in Hyzon Motors Inc (NASDAQ: HYZN) Right Now?
The 36-month beta value for HYZN is at 2.90. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HYZN is 6.94M, and currently, shorts hold a 2.28% of that float. The average trading volume for HYZN on January 10, 2025 was 889.30K shares.
HYZN’s Market Performance
HYZN’s stock has seen a -5.21% decrease for the week, with a -42.86% drop in the past month and a -54.55% fall in the past quarter. The volatility ratio for the week is 10.97%, and the volatility levels for the past 30 days are at 12.85% for Hyzon Motors Inc The simple moving average for the past 20 days is -27.91% for HYZN’s stock, with a -91.76% 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 -36.73% 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 -97.78% of loss for the given period.
Volatility was left at 12.85%, however, over the last 30 days, the volatility rate increased by 10.97%, as shares sank -48.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -47.92% lower at present.
During the last 5 trading sessions, HYZN fell by -5.21%, which changed the moving average for the period of 200-days by -97.01% in comparison to the 20-day moving average, which settled at $1.3872. In addition, Hyzon Motors Inc saw -5.21% 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 Mohrdieck Christian, who proposed sale 9,250 shares at the price of $1.07 back on Jan 08 ’25. After this action, Mohrdieck Christian now owns shares of Hyzon Motors Inc, valued at $9,908 using the latest closing price.
ZAVOLI JOHN R, the GC & Chief Legal Officer of Hyzon Motors Inc, sale 3,393 shares at $1.07 during a trade that took place back on Dec 30 ’24, which means that ZAVOLI JOHN R is holding 0 shares at $3,647 based on the most recent closing price.
Stock Fundamentals for HYZN
Current profitability levels for the company are sitting at:
- -15.26 for the present operating margin
- -2.49 for the gross margin
The net margin for Hyzon Motors Inc stands at -16.39. The total capital return value is set at -5.94. Equity return is now at value -183.69, with -118.44 for asset returns.
Currently, EBITDA for the company is -180.54 million with net debt to EBITDA at 0.18. When we switch over and look at the enterprise to sales, we see a ratio of -1.95. The receivables turnover for the company is 86.49for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.76.
Conclusion
In conclusion, Hyzon Motors Inc (HYZN) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
