Hyzon Motors Inc [NASDAQ: HYZN] plunged by -$0.02 during the normal trading session on while it closed the day at $0.13.
Hyzon Motors Inc stock has also loss -12.93% of its value over the past 7 days. However, HYZN stock has declined by -76.68% in the 3 months of the year. Over the past six months meanwhile, it has lost -83.23% and lost -85.41% year-on date.
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The market cap for HYZN stock reached $35.25 million, with 245.08 million shares outstanding and 207.41 million shares in the current float. Compared to the average trading volume of 1.44M shares, HYZN reached a trading volume of 7079412 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Hyzon Motors Inc [HYZN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HYZN shares is $1.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HYZN stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wedbush have made an estimate for Hyzon Motors Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 05, 2022. The new note on the price target was released on August 05, 2022, representing the official price target for Hyzon Motors Inc stock. Previously, the target price had yet another drop from $12 to $4, while DA Davidson kept a Neutral rating on HYZN stock. On April 06, 2022, analysts decreased their price target for HYZN shares from 12 to 6.
The Average True Range (ATR) for Hyzon Motors Inc is set at 0.03, with the Price to Sales ratio for HYZN stock in the period of the last 12 months amounting to 3.43. The Price to Book ratio for the last quarter was 0.32, with the Price to Cash per share for the same quarter was set at 0.31.
HYZN stock trade performance evaluation
Hyzon Motors Inc [HYZN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.93. With this latest performance, HYZN shares dropped by -59.33% in over the last four-week period, additionally sinking by -83.23% over the last 6 months – not to mention a drop of -93.27% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HYZN stock in for the last two-week period is set at 23.93, with the RSI for the last a single of trading hit 22.16, and the three-weeks RSI is set at 25.95 for Hyzon Motors Inc [HYZN]. The present Moving Average for the last 50 days of trading for this stock 0.3765, while it was recorded at 0.1457 for the last single week of trading, and 0.6778 for the last 200 days.
Hyzon Motors Inc [HYZN]: An insightful look at the core fundamentals
Hyzon Motors Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.77 and a Current Ratio set at 3.43.
Hyzon Motors Inc [HYZN]: Institutional Ownership
The top three institutional holders of HYZN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in HYZN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in HYZN stock with ownership which is approximately 5.1238%.
