Hyzon Motors Inc (NASDAQ: HYZN) is -20.34% lower on its value in year-to-date trading and has touched a low of $0.45 and a high of $2.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HYZN stock was last observed hovering at around $0.70 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.71, the stock is 11.25% and 3.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.86 million and changing 2.38% at the moment leaves the stock -28.50% off its SMA200. HYZN registered -28.70% loss for a year compared to 6-month loss of -45.15%. The firm has a 50-day simple moving average (SMA 50) of $63.83 and a 200-day simple moving average (SMA200) of -$0.25.
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The stock witnessed a 1.58% gain in the last 1 month and extending the period to 3 months gives it a -24.29%, and is 16.50% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.11% over the week and 7.24% over the month.
Hyzon Motors Inc (HYZN) has around 330 employees, a market worth around $174.68M and $0.79M in sales. Profit margin for the company is -22543.46%. Distance from 52-week low is 58.44% and -67.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-96.13%).
Hyzon Motors Inc quarterly earnings per share for the current quarter are estimated at -$0.2 with sales reaching $100k over the same period.The EPS is expected to shrink by -127.12% this year, but quarterly earnings will post -97.30% year-over-year.
67 institutions hold shares in Hyzon Motors Inc (HYZN), with institutional investors hold 38.28% of the company’s shares. The shares outstanding are 244.51M, and float is at 126.03M with Short Float at 7.97%. Institutions hold 20.07% of the Float.
The top institutional shareholder in the company is Long Focus Capital Management, LLC with over 13.91 million shares valued at $13.33 million. The investor’s holdings represent 5.68% of the HYZN Shares outstanding. As of Dec 30, 2022, the second largest holder is Norges Bank Investment Management with 6.5 million shares valued at $10.07 million to account for 2.65% of the shares outstanding. The other top investors are Legal & General Group PLC which holds 4.35 million shares representing 1.77% and valued at over $4.17 million, while Vanguard Group Inc holds 1.50% of the shares totaling 3.68 million with a market value of $3.52 million.
Hyzon Motors Inc (HYZN) Insider Activity
The most recent transaction is an insider sale by HORIZON FUEL CELL TECHNOLOGIES, the company’s 10% Owner. SEC filings show that HORIZON FUEL CELL TECHNOLOGIES sold 4,000,000 shares of the company’s common stock on Feb 06 ’24 at a price of $0.40 per share for a total of $1.6 million. Following the sale, the insider now owns 92.65 million shares.
Hyzon Motors Inc disclosed in a document filed with the SEC on Jan 22 ’24 that HORIZON FUEL CELL TECHNOLOGIES (10% Owner) sold a total of 1,750,000 shares of the company’s common stock. The trade occurred on Jan 22 ’24 and was made at $0.60 per share for $1.05 million. Following the transaction, the insider now directly holds 96.63 million shares of the HYZN stock.
Still, SEC filings show that on Jan 19 ’24, HORIZON FUEL CELL TECHNOLOGIES (10% Owner) disposed off 610,000 shares at an average price of $0.59 for $0.36 million. The insider now directly holds 98,377,548 shares of Hyzon Motors Inc (HYZN).
