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After finishing at $1.32 in the prior trading day, Hyliion Holdings Corporation (NYSE: HYLN) closed at $1.29, down -2.27%. In other words, the price has decreased by -$2.27 from its previous closing price. On the day, 0.68 million shares were traded. HYLN stock price reached its highest trading level at $1.335 during the session, while it also had its lowest trading level at $1.26.
Ratios:
Our goal is to gain a better understanding of HYLN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.02 and its Current Ratio is at 12.02. 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 Nov 21 ’23 when KNIGHT ROBERT M JR bought 100,000 shares for $0.57 per share. The transaction valued at 57,000 led to the insider holds 176,435 shares of the business.
LANTZ CHERI bought 20,000 shares of HYLN for $13,200 on Nov 16 ’23. The Chief Strategy Officer now owns 281,373 shares after completing the transaction at $0.66 per share. On Nov 15 ’23, another insider, Healy Thomas J., who serves as the Chief Executive Officer of the company, bought 139,798 shares for $0.64 each. As a result, the insider paid 89,471 and bolstered with 33,422,349 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 226215680 and an Enterprise Value of 80799800. For the stock, the TTM Price-to-Sale (P/S) ratio is 352.75 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 120.238 whereas that against EBITDA is -0.66.
Stock Price History:
Over the past 52 weeks, HYLN has reached a high of $2.29, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is -15.66%, while the 200-Day Moving Average is calculated to be 8.17%.
Shares Statistics:
The stock has traded on average 1.15M shares per day over the past 3-months and 799230 shares per day over the last 10 days, according to various share statistics. A total of 183.07M shares are outstanding, with a floating share count of 124.19M. Insiders hold about 32.21% of the company’s shares, while institutions hold 19.86% stake in the company. Shares short for HYLN as of 1711584000 were 9353710 with a Short Ratio of 8.14, compared to 1709164800 on 8126012. Therefore, it implies a Short% of Shares Outstanding of 9353710 and a Short% of Float of 6.3.
Earnings Estimates
Hyliion Holdings Corporation (HYLN) is currently under the scrutiny of HYIN analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $1.29, with high estimates of $25.39 and low estimates of $0.60.
