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After finishing at $2.35 in the prior trading day, Hyzon Motors Inc (NASDAQ: HYZN) closed at $2.69, up 14.47%. In other words, the price has increased by $14.47 from its previous closing price. On the day, 0.78 million shares were traded. HYZN stock price reached its highest trading level at $3.022 during the session, while it also had its lowest trading level at $2.4.
Ratios:
Our goal is to gain a better understanding of HYZN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.76 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.09.
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:
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 Aug 28 ’24 when HORIZON FUEL CELL TECHNOLOGIES sold 500,000 shares for $0.07 per share. The transaction valued at 35,000 led to the insider holds 35,478,275 shares of the business.
HORIZON FUEL CELL TECHNOLOGIES sold 2,000,000 shares of HYZN for $180,000 on Aug 26 ’24. The 10% Owner now owns 35,978,275 shares after completing the transaction at $0.09 per share. On Aug 23 ’24, another insider, HORIZON FUEL CELL TECHNOLOGIES, who serves as the 10% Owner of the company, sold 2,000,000 shares for $0.07 each. As a result, the insider received 140,000 and left with 37,978,275 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 14660500 and an Enterprise Value of -34846560. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at -3.29 whereas that against EBITDA is 0.231.
Stock Price History:
Over the past 52 weeks, HYZN has reached a high of $67.50, while it has fallen to a 52-week low of $2.12. The 50-Day Moving Average of the stock is -58.71%, while the 200-Day Moving Average is calculated to be -89.79%.
Shares Statistics:
The stock has traded on average 225.54K shares per day over the past 3-months and 277224 shares per day over the last 10 days, according to various share statistics. A total of 4.90M shares are outstanding, with a floating share count of 4.60M. Insiders hold about 15.59% of the company’s shares, while institutions hold 12.66% stake in the company. Shares short for HYZN as of 1724976000 were 155942 with a Short Ratio of 0.69, compared to 1722384000 on 105996. Therefore, it implies a Short% of Shares Outstanding of 155942 and a Short% of Float of 3.65.
