Hyliion Holdings Corporation [AMEX: HYLN] plunged by -$0.03 during the normal trading session on while it closed the day at $1.23.
Hyliion Holdings Corporation stock has also loss -21.66% of its value over the past 7 days. However, HYLN stock has declined by -38.81% in the 3 months of the year. Over the past six months meanwhile, it has lost -51.57% and lost -52.87% year-on date.
The market cap for HYLN stock reached $215.53 million, with 175.23 million shares outstanding and 117.91 million shares in the current float. Compared to the average trading volume of 980.77K shares, HYLN reached a trading volume of 32419413 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 Hyliion Holdings Corporation [HYLN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HYLN shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HYLN stock is a recommendation set at 3.00. 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.
Northland Capital have made an estimate for Hyliion Holdings Corporation shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on October 12, 2023. While these analysts kept the previous recommendation, Northland Capital raised their target price to Outperform. The new note on the price target was released on November 22, 2022, representing the official price target for Hyliion Holdings Corporation stock. Previously, the target price had yet another raise to $5, while Cantor Fitzgerald analysts kept a Neutral rating on HYLN stock.
The Average True Range (ATR) for Hyliion Holdings Corporation is set at 0.16, with the Price to Sales ratio for HYLN stock in the period of the last 12 months amounting to 107.77. The Price to Book ratio for the last quarter was 0.95, with the Price to Cash per share for the same quarter was set at 0.69.
HYLN stock trade performance evaluation
Hyliion Holdings Corporation [HYLN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -21.66. With this latest performance, HYLN shares dropped by -19.08% in over the last four-week period, additionally sinking by -51.57% over the last 6 months – not to mention a drop of -22.64% 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 HYLN stock in for the last two-week period is set at 36.59, with the RSI for the last a single of trading hit 31.18, and the three-weeks RSI is set at 39.26 for Hyliion Holdings Corporation [HYLN]. The present Moving Average for the last 50 days of trading for this stock 1.4960, while it was recorded at 1.3320 for the last single week of trading, and 2.1465 for the last 200 days.
Hyliion Holdings Corporation [HYLN]: An insightful look at the core fundamentals
Hyliion Holdings Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 13.85 and a Current Ratio set at 13.85.
Earnings per share (EPS) analysis for Hyliion Holdings Corporation [HYLN] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HYLN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hyliion Holdings Corporation go to 3.45%.
Hyliion Holdings Corporation [HYLN]: Institutional Ownership
The top three institutional holders of HYLN stocks are: BLACKROCK INC. with ownership of 9.46 million shares, which is approximately 5.4411%. VANGUARD GROUP INC, holding 7.25 million shares of the stock with an approximate value of $$11.75 million in HYLN stocks shares; and VANGUARD GROUP INC, currently with $$8.91 million in HYLN stock with ownership which is approximately 3.164%.
