In the latest session, Hyzon Motors Inc (NASDAQ: HYZN) closed at $0.69 down -3.17% from its previous closing price of $0.71. In other words, the price has decreased by -$0.0225 from its previous closing price. On the day, 500374 shares were traded.
Ratios:
For a deeper understanding of Hyzon Motors Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.91 and its Current Ratio is at 3.58. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
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, Wedbush on August 05, 2022, Downgraded its rating to Neutral and sets its target price to $3 from $7 previously.
DA Davidson Downgraded its Buy to Neutral on August 05, 2022, whereas the target price for the stock was revised from $12 to $4.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 06 ’24 when HORIZON FUEL CELL TECHNOLOGIES sold 4,000,000 shares for $0.40 per share. The transaction valued at 1,600,000 led to the insider holds 92,647,986 shares of the business.
HORIZON FUEL CELL TECHNOLOGIES sold 1,750,000 shares of HYZN for $1,050,000 on Jan 22 ’24. The 10% Owner now owns 96,627,548 shares after completing the transaction at $0.60 per share. On Jan 19 ’24, another insider, HORIZON FUEL CELL TECHNOLOGIES, who serves as the 10% Owner of the company, sold 610,000 shares for $0.59 each. As a result, the insider received 359,900 and left with 98,377,548 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, HYZN now has a Market Capitalization of 173.13M and an Enterprise Value of 68.40M. For the stock, the TTM Price-to-Sale (P/S) ratio is 581.17 while its Price-to-Book (P/B) ratio in mrq is 1.29. Its current Enterprise Value per Revenue stands at 231.87 whereas that against EBITDA is -0.39.
Stock Price History:
Over the past 52 weeks, HYZN has reached a high of $2.17, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is 0.6968, while the 200-Day Moving Average is calculated to be 1.0035.
Shares Statistics:
For the past three months, HYZN has traded an average of 532.62K shares per day and 569.64k over the past ten days. A total of 245.08M shares are outstanding, with a floating share count of 126.80M. Insiders hold about 48.28% of the company’s shares, while institutions hold 18.09% stake in the company. Shares short for HYZN as of Mar 15, 2024 were 9.89M with a Short Ratio of 19.40, compared to 9.7M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.04% and a Short% of Float of 6.59%.
Earnings Estimates
There are 2 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.16 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.17, while EPS last year was -$0.11. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.15 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.6 and -$0.61 for the fiscal current year, implying an average EPS of -$0.6. EPS for the following year is -$0.52, with 2 analysts recommending between -$0.45 and -$0.59.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for HYZN’s current fiscal year. The highest revenue estimate was $13M, while the lowest revenue estimate was $7M, resulting in an average revenue estimate of $10M. In the same quarter a year ago, actual revenue was $295k, up 3,289.80% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $22.5M in the next fiscal year. The high estimate is $25M and the low estimate is $20M. The average revenue growth estimate for next year is up 125.00% from the average revenue estimate for this year.
