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In the latest session, Hyzon Motors Inc (NASDAQ: HYZN) closed at $0.15 down -47.50% from its previous closing price of $0.28. In other words, the price has decreased by -$47.50 from its previous closing price. On the day, 23.43 million shares were traded. HYZN stock price reached its highest trading level at $0.248 during the session, while it also had its lowest trading level at $0.124.
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 2.77 and its Current Ratio is at 3.43. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 Jun 05 ’24 when HORIZON FUEL CELL TECHNOLOGIES sold 199,392 shares for $0.51 per share. The transaction valued at 101,690 led to the insider holds 89,034,094 shares of the business.
HORIZON FUEL CELL TECHNOLOGIES sold 217,971 shares of HYZN for $113,345 on Jun 04 ’24. The 10% Owner now owns 89,233,486 shares after completing the transaction at $0.52 per share. On May 31 ’24, another insider, HORIZON FUEL CELL TECHNOLOGIES, who serves as the 10% Owner of the company, sold 500,000 shares for $0.53 each. As a result, the insider received 265,000 and left with 89,451,457 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 36886892 and an Enterprise Value of -39638664. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.59 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at -3.857 whereas that against EBITDA is 0.285.
Stock Price History:
The Beta on a monthly basis for HYZN is 2.95, which has changed by -0.91130954 over the last 52 weeks, in comparison to a change of 0.2086575 over the same period for the S&P500. Over the past 52 weeks, HYZN has reached a high of $2.17, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is -66.19%, while the 200-Day Moving Average is calculated to be -79.27%.
Shares Statistics:
For the past three months, HYZN has traded an average of 486.91K shares per day and 2974500 over the past ten days. A total of 245.08M shares are outstanding, with a floating share count of 190.12M. Insiders hold about 23.15% of the company’s shares, while institutions hold 17.28% stake in the company. Shares short for HYZN as of 1719532800 were 8229895 with a Short Ratio of 16.90, compared to 1717113600 on 8771575. Therefore, it implies a Short% of Shares Outstanding of 8229895 and a Short% of Float of 5.3400002.
Earnings Estimates
Currently, 2.0 analysts are dedicated to thoroughly evaluating and rating the performance of Hyzon Motors Inc (HYZN) in the stock market.On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of -$0.15 and a low estimate of -$0.16, while EPS last year was -$0.24. 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 -$0.58 and -$0.61 for the fiscal current year, implying an average EPS of -$0.59. EPS for the following year is -$0.53, with 2.0 analysts recommending between -$0.45 and -$0.61.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $1.25M. There is a high estimate of $1.5M for the next quarter, whereas the lowest estimate is $1M.
A total of 2 analysts have provided revenue estimates for HYZN’s current fiscal year. The highest revenue estimate was $18M, while the lowest revenue estimate was $16.5M, resulting in an average revenue estimate of $17.25M. In the same quarter a year ago, actual revenue was $295kBased 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.