For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Hyliion Holdings Corporation (AMEX: HYLN) was $1.60 for the day, down -4.76% from the previous closing price of $1.68. In other words, the price has decreased by -$4.76 from its previous closing price. On the day, 0.86 million shares were traded. HYLN stock price reached its highest trading level at $1.6768 during the session, while it also had its lowest trading level at $1.56.
Ratios:
Our analysis of HYLN’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 293697600 and an Enterprise Value of 166359280. For the stock, the TTM Price-to-Sale (P/S) ratio is 185.24 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 110.245 whereas that against EBITDA is -2.861.
Stock Price History:
The Beta on a monthly basis for HYLN is 2.46, which has changed by 0.019108295 over the last 52 weeks, in comparison to a change of 0.07465422 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 $1.21. The 50-Day Moving Average of the stock is -21.77%, while the 200-Day Moving Average is calculated to be -27.80%.
Shares Statistics:
HYLN traded an average of 1.10M shares per day over the past three months and 1148010 shares per day over the past ten days. A total of 173.82M shares are outstanding, with a floating share count of 117.58M. Insiders hold about 32.74% of the company’s shares, while institutions hold 27.52% stake in the company. Shares short for HYLN as of 1740700800 were 15978124 with a Short Ratio of 14.53, compared to 1738281600 on 12741430. Therefore, it implies a Short% of Shares Outstanding of 15978124 and a Short% of Float of 11.49.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
