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Hyliion Holdings Corporation (NYSE: HYLN) closed the day trading at $2.26 down -5.04% from the previous closing price of $2.38. In other words, the price has decreased by -$5.04 from its previous closing price. On the day, 0.66 million shares were traded. HYLN stock price reached its highest trading level at $2.42 during the session, while it also had its lowest trading level at $2.21.
Ratios:
For a better understanding of HYLN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.67 and its Current Ratio is at 14.67. 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 Jun 12 ’24 when RAMASAMY GOVINDARAJ bought 10,000 shares for $1.50 per share. The transaction valued at 15,000 led to the insider holds 227,500 shares of the business.
KNIGHT ROBERT M JR bought 100,000 shares of HYLN for $57,000 on Nov 21 ’23. The Director now owns 176,435 shares after completing the transaction at $0.57 per share. On Nov 16 ’23, another insider, LANTZ CHERI, who serves as the Chief Strategy Officer of the company, bought 20,000 shares for $0.66 each. As a result, the insider paid 13,200 and bolstered with 281,373 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 393321344 and an Enterprise Value of 259545904. For the stock, the TTM Price-to-Sale (P/S) ratio is 1092.58 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 716.978 whereas that against EBITDA is -2.481.
Stock Price History:
Over the past 52 weeks, HYLN has reached a high of $2.61, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is 32.27%, while the 200-Day Moving Average is calculated to be 80.57%.
Shares Statistics:
Over the past 3-months, HYLN traded about 728.55K shares per day on average, while over the past 10 days, HYLN traded about 1164100 shares per day. A total of 183.07M shares are outstanding, with a floating share count of 115.44M. Insiders hold about 33.67% of the company’s shares, while institutions hold 22.16% stake in the company. Shares short for HYLN as of 1721001600 were 9564593 with a Short Ratio of 13.13, compared to 1718323200 on 10274485. Therefore, it implies a Short% of Shares Outstanding of 9564593 and a Short% of Float of 6.92.
