In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Hyliion Holdings Corporation (AMEX: HYLN) closed at $1.30 in the last session, up 0.78% from day before closing price of $1.29. In other words, the price has increased by $0.78 from its previous closing price. On the day, 0.92 million shares were traded. HYLN stock price reached its highest trading level at $1.36 during the session, while it also had its lowest trading level at $1.285.
Ratios:
We take a closer look at HYLN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 9.17 and its Current Ratio is at 9.17. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 227802880 and an Enterprise Value of 113913224. For the stock, the TTM Price-to-Sale (P/S) ratio is 150.86 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 75.489 whereas that against EBITDA is -1.959.
Stock Price History:
The Beta on a monthly basis for HYLN is 2.76, which has changed by -0.022556365 over the last 52 weeks, in comparison to a change of 0.07019031 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 -22.36%, while the 200-Day Moving Average is calculated to be -41.17%.
Shares Statistics:
According to the various share statistics, HYLN traded on average about 985.92K shares per day over the past 3-months and 841920 shares per day over the past 10 days. A total of 173.82M shares are outstanding, with a floating share count of 117.88M. Insiders hold about 32.73% of the company’s shares, while institutions hold 27.43% stake in the company. Shares short for HYLN as of 1743379200 were 16383037 with a Short Ratio of 16.62, compared to 1740700800 on 15978124. Therefore, it implies a Short% of Shares Outstanding of 16383037 and a Short% of Float of 11.82.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
