During the last session, Hyliion Holdings Corporation (NYSE:HYLN)’s traded shares were 0.74 million, with the beta value of the company hitting 1.78. At the end of the trading day, the stock’s price was $1.26, reflecting an intraday gain of 3.28% or $0.04. The 52-week high for the HYLN share is $2.29, that puts it down -81.75 from that peak though still a striking 58.73% gain since the share price plummeted to a 52-week low of $0.52. The company’s market capitalization is $230.84M, and the average trade volume was 1.11 million shares over the past three months.
Hyliion Holdings Corporation (NYSE:HYLN) trade information
Hyliion Holdings Corporation (HYLN) registered a 3.28% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 3.28% in intraday trading to $1.26, hitting a weekly high. The stock’s 5-day price performance is -2.33%, and it has moved by -25.00% in 30 days. Based on these gigs, the overall price performance for the year is -2.33%.
Hyliion Holdings Corporation (HYLN) estimates and forecasts
Statistics show that Hyliion Holdings Corporation has outperformed its competitors in share price, compared to the industry in which it operates. Hyliion Holdings Corporation (HYLN) shares have gone up 113.81% during the last six months, with a year-to-date growth rate more than the industry average at 58.73% against 12.20. In the rating firms’ projections, revenue will increase 93.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 5.3M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 7.8M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 690k and 266k respectively. In this case, analysts expect current quarter sales to grow by 668.10% and then jump by 2,832.30% in the coming quarter.
While earnings are projected to return 61.76% in 2024.
HYLN Dividends
Hyliion Holdings Corporation is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
