Market cap of Hyzon Motors Inc [HYZN] reaches 17.65M – now what?

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Hyzon Motors Inc [NASDAQ: HYZN] price surged by 8.33 percent to reach at $0.0.

The one-year HYZN stock forecast points to a potential upside of 96.25. The average equity rating for HYZN stock is currently 1.00, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on 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 0.02, with the Price to Sales ratio for HYZN stock in the period of the last 12 months amounting to 1.67. The Price to Book ratio for the last quarter was 0.30, with the Price to Cash per share for the same quarter was set at 0.20.

HYZN Stock Performance Analysis:

Hyzon Motors Inc [HYZN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 20.59. With this latest performance, HYZN shares dropped by -57.52% in over the last four-week period, additionally sinking by -89.11% over the last 6 months – not to mention a drop of -94.76% 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 28.29, with the RSI for the last a single of trading hit 31.44, and the three-weeks RSI is set at 27.91 for Hyzon Motors Inc [HYZN]. The present Moving Average for the last 50 days of trading for this stock 0.2233, while it was recorded at 0.0626 for the last single week of trading, and 0.5990 for the last 200 days.

Insight into Hyzon Motors Inc Fundamentals:

Hyzon Motors Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.76 and a Current Ratio set at 1.99.

Hyzon Motors Inc [HYZN] Institutonal Ownership Details

There are presently around $12.75%, or 17.31%% of HYZN stock, in the hands of institutional investors. The top three institutional holders of HYZN stocks are: LONG FOCUS CAPITAL MANAGEMENT, LLC with ownership of 15.02 million shares, which is approximately 6.126%. VANGUARD GROUP INC, holding 4.16 million shares of the stock with an approximate value of $$1.34 million in HYZN stocks shares; and VANGUARD GROUP INC, currently with $$0.93 million in HYZN stock with ownership which is approximately 1.1832%.