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Is Hyzon Motors Inc. (NASDAQ: HYZN) Worth It? How Should Investors Deal With It?

During the last session, Hyzon Motors Inc. (NASDAQ:HYZN)’s traded shares were 1.08 million. At the end of the trading day, the stock’s price was $0.58, reflecting an intraday loss of -7.78% or -$0.04. The 52-week high for the HYZN share is $5.22, that puts it down -800.0 from that peak though still a striking 22.41% gain since the share price plummeted to a 52-week low of $0.45. The company’s market capitalization is $143.21M, and the average intraday trading volume over the past 10 days was 1.62 million shares, and the average trade volume was 1.33 million shares over the past three months.

Hyzon Motors Inc. (HYZN) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 3.20. HYZN has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.1.

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Hyzon Motors Inc. (NASDAQ:HYZN) trade information

Hyzon Motors Inc. (HYZN) registered a -7.78% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -7.78% in intraday trading to $0.58 this Wednesday, 05/24/23, hitting a weekly high. The stock’s 5-day price performance is 4.67%, and it has moved by -27.15% in 30 days. Based on these gigs, the overall price performance for the year is -86.58%. The short interest in Hyzon Motors Inc. (NASDAQ:HYZN) is 20.02 million shares and it means that shorts have 31.51 day(s) to cover.

The consensus price target of analysts on Wall Street is $4.00, which implies an increase of 85.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4.00 and $4.00 respectively. As a result, HYZN is trading at a discount of -589.66% off the target high and -589.66% off the low.

Hyzon Motors Inc. (HYZN) estimates and forecasts

In the rating firms’ projections, revenue will increase 156.20% compared to the previous financial year.

Revenue for the current quarter is expected to be $3.37 million as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to $12.32 million by the end of Sep 2022.

While earnings are projected to return -3.00% in 2023.

HYZN Dividends

Hyzon Motors Inc. is due to release its next quarterly earnings on May 01. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Hyzon Motors Inc. (NASDAQ:HYZN)’s Major holders

On Key

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