Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $1.91 in the prior trading day, Hyliion Holdings Corporation (AMEX: HYLN) closed at $1.57, down -17.80%. In other words, the price has decreased by -$17.80 from its previous closing price. On the day, 4.08 million shares were traded. HYLN stock price reached its highest trading level at $1.8469 during the session, while it also had its lowest trading level at $1.4.
Ratios:
Our goal is to gain a better understanding of HYLN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.85 and its Current Ratio is at 13.85. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Northland Capital on October 12, 2023, Downgraded its rating to Market Perform and sets its target price to $1.50 from $2.80 previously.
On November 22, 2022, Northland Capital started tracking the stock assigning a Outperform rating and target price of $4.
Cantor Fitzgerald Downgraded its Overweight to Neutral on August 11, 2022, while the target price for the stock was maintained at $5.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 22 ’24 when Cubbage Vincent T. sold 65,000 shares for $3.90 per share. The transaction valued at 253,500 led to the insider holds 972,078 shares of the business.
Craig Jeffrey A bought 50,000 shares of HYLN for $147,500 on Nov 20 ’24. The Director now owns 282,060 shares after completing the transaction at $2.95 per share. On Sep 11 ’24, another insider, RAMASAMY GOVINDARAJ, who serves as the Chief Commercial Officer of the company, bought 30,000 shares for $1.92 each. As a result, the insider paid 57,600 and bolstered with 298,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HYLN now has a Market Capitalization of 275115808 and an Enterprise Value of 160209488. For the stock, the TTM Price-to-Sale (P/S) ratio is 137.56 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 80.185 whereas that against EBITDA is -2.613.
Stock Price History:
The Beta on a monthly basis for HYLN is 2.83, which has changed by -0.03086418 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, HYLN has reached a high of $4.09, while it has fallen to a 52-week low of $1.17. The 50-Day Moving Average of the stock is 3.86%, while the 200-Day Moving Average is calculated to be -27.50%.
Shares Statistics:
The stock has traded on average 893.10K shares per day over the past 3-months and 1034160 shares per day over the last 10 days, according to various share statistics. A total of 175.23M shares are outstanding, with a floating share count of 117.30M. Insiders hold about 33.06% of the company’s shares, while institutions hold 27.53% stake in the company. Shares short for HYLN as of 1745971200 were 16260950 with a Short Ratio of 18.21, compared to 1743379200 on 16383037. Therefore, it implies a Short% of Shares Outstanding of 16260950 and a Short% of Float of 11.73.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
