Hyliion Holdings Corporation (AMEX: HYLN) is 210.93% higher on its value in year-to-date trading and has touched a low of $0.62 and a high of $4.09 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 $2.65 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $2.53, the stock is -22.50% and -11.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.86 million and changing -4.53% at the moment leaves the stock 24.17% off its SMA200. HYLN registered 260.96% gain for a year compared to 6-month gain of 64.29%. The firm has a 50-day simple moving average (SMA 50) of $2.842 and a 200-day simple moving average (SMA200) of $2.03415.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -18.65% loss in the last 1 month and extending the period to 3 months gives it a 22.82%, and is -15.95% 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 7.65% over the week and 8.27% over the month.
Hyliion Holdings Corporation (HYLN) has around 85 employees, a market worth around $439.55M and $0.00M in sales. Distance from 52-week low is 307.87% and -38.22% from its 52-week high. The company has generated returns on investments over the last 12 months (-25.42%).
with sales reaching $500M over the same period.The EPS is expected to grow by 58.82% this year, but quarterly earnings will post 74,304.76% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
143.0 institutions hold shares in Hyliion Holdings Corporation (HYLN), with institutional investors hold 34.94% of the company’s shares. The shares outstanding are 173.73M, and float is at 117.71M with Short Float at 10.56%. Institutions hold 23.42% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 9.46 million shares valued at $15.32 million. The investor’s holdings represent 5.2992 of the HYLN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.25 million shares valued at $11.75 million to account for 4.0622 of the shares outstanding. The other top investors are GENERAL ELECTRIC CO which holds 5.5 million shares representing 3.0815 and valued at over $8.91 million, while MILLENNIUM MANAGEMENT LLC holds 2.6533 of the shares totaling 4.74 million with a market value of $7.67 million.
Hyliion Holdings Corporation (HYLN) Insider Activity
The most recent transaction is an insider sale by Cubbage Vincent T., the company’s Director. SEC filings show that Cubbage Vincent T. sold 65,000 shares of the company’s common stock on Nov 22 ’24 at a price of $3.90 per share for a total of $0.25 million. Following the sale, the insider now owns 0.97 million shares.
Hyliion Holdings Corporation disclosed in a document filed with the SEC on Nov 20 ’24 that Craig Jeffrey A (Director) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Nov 20 ’24 and was made at $2.95 per share for $0.15 million. Following the transaction, the insider now directly holds 0.28 million shares of the HYLN stock.
Still, SEC filings show that on Sep 11 ’24, RAMASAMY GOVINDARAJ (Chief Commercial Officer) acquired 30,000 shares at an average price of $1.92 for $57600.0. The insider now directly holds 298,000 shares of Hyliion Holdings Corporation (HYLN).
