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Hyliion Holdings Corporation (NYSE: HYLN) closed the day trading at $2.32 down -2.11% from the previous closing price of $2.37. In other words, the price has decreased by -$2.11 from its previous closing price. On the day, 0.8 million shares were traded. HYLN stock price reached its highest trading level at $2.37 during the session, while it also had its lowest trading level at $2.29.
Ratios:
For a better understanding of HYLN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 21.91 and its Current Ratio is at 21.91. In the meantime, Its Debt-to-Equity ratio is 0.02 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 Sep 11 ’24 when RAMASAMY GOVINDARAJ bought 30,000 shares for $1.92 per share. The transaction valued at 57,600 led to the insider holds 298,000 shares of the business.
RAMASAMY GOVINDARAJ bought 10,000 shares of HYLN for $15,000 on Jun 12 ’24. The Chief Commercial Officer now owns 227,500 shares after completing the transaction at $1.50 per share. On Nov 21 ’23, another insider, KNIGHT ROBERT M JR, who serves as the Director of the company, bought 100,000 shares for $0.57 each. As a result, the insider paid 57,000 and bolstered with 176,435 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 402712576 and an Enterprise Value of 254084576. For the stock, the TTM Price-to-Sale (P/S) ratio is 4027.06 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 2646.714 whereas that against EBITDA is -3.156.
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 14.55%, while the 200-Day Moving Average is calculated to be 52.22%.
Shares Statistics:
Over the past 3-months, HYLN traded about 845.58K shares per day on average, while over the past 10 days, HYLN traded about 933570 shares per day. A total of 183.07M shares are outstanding, with a floating share count of 114.42M. Insiders hold about 34.09% of the company’s shares, while institutions hold 23.25% stake in the company. Shares short for HYLN as of 1724976000 were 11355984 with a Short Ratio of 13.63, compared to 1722384000 on 9832370. Therefore, it implies a Short% of Shares Outstanding of 11355984 and a Short% of Float of 8.2399994.
