Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Hyliion Holdings Corporation (AMEX: HYLN) closed at $1.42 in the last session, down -4.05% from day before closing price of $1.48. In other words, the price has decreased by -$4.05 from its previous closing price. On the day, 1.3 million shares were traded.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 164.40 while its Price-to-Book (P/B) ratio in mrq is 1.01.
Stock Price History:
Over the past 52 weeks, HYLN has reached a high of $4.09, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is -34.70%, while the 200-Day Moving Average is calculated to be -35.82%.
Shares Statistics:
A total of 173.82M shares are outstanding, with a floating share count of 117.23M. Insiders hold about 32.94% of the company’s shares, while institutions hold 27.52% stake in the company.
