Hyliion Holdings Corporation (NYSE: HYLN) is 62.22% higher on its value in year-to-date trading and has touched a low of $0.52 and a high of $2.29 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HYLN stock was last observed hovering at around $1.36 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $1.32, the stock is -14.62% and -13.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing -2.94% at the moment leaves the stock 10.46% off its SMA200. HYLN registered -18.52% loss for a year compared to 6-month gain of 70.67%.
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The stock witnessed a -8.97% loss in the last 1 month and extending the period to 3 months gives it a 50.32%, and is -12.00% down 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 9.46% over the week and 8.53% over the month.
Hyliion Holdings Corporation (HYLN) has around 85 employees, a market worth around $241.84M and $0.67M in sales. Profit margin for the company is -18379.46%. Distance from 52-week low is 154.80% and -42.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-39.45%).
The EPS is expected to grow by 61.76% this year
The shares outstanding are 183.07M, and float is at 124.19M with Short Float at 7.53%.
Hyliion Holdings Corporation (HYLN) Insider Activity
The most recent transaction is an insider purchase by KNIGHT ROBERT M JR, the company’s Director. SEC filings show that KNIGHT ROBERT M JR bought 100,000 shares of the company’s common stock on Nov 21 ’23 at a price of $0.57 per share for a total of $57000.0. Following the purchase, the insider now owns 0.18 million shares.
Hyliion Holdings Corporation disclosed in a document filed with the SEC on Nov 16 ’23 that LANTZ CHERI (Chief Strategy Officer) bought a total of 20,000 shares of the company’s common stock. The trade occurred on Nov 16 ’23 and was made at $0.66 per share for $13200.0. Following the transaction, the insider now directly holds 0.28 million shares of the HYLN stock.
Still, SEC filings show that on Nov 15 ’23, Healy Thomas J. (Chief Executive Officer) acquired 139,798 shares at an average price of $0.64 for $89471.0. The insider now directly holds 33,422,349 shares of Hyliion Holdings Corporation (HYLN).
