How To Know If Hyliion Holdings Corporation (NYSE:HYLN) Is Expensive At $1.45.

In last trading session, Hyliion Holdings Corporation (NYSE:HYLN) saw 0.41 million shares changing hands with its beta currently measuring 1.88. Company’s recent per share price level of $1.45 trading at -$0.03 or -2.03% at ring of the bell on the day assigns it a market valuation of $252.36M. That closing price of HYLN’s stock is at a discount of -57.93% from its 52-week high price of $2.29 and is indicating a premium of 64.14% from its 52-week low price of $0.52. Taking a look at company’s average trading volume volume of 745.64K if we extend that period to 3-months.

Hyliion Holdings Corporation (NYSE:HYLN) trade information

Upright in the red during last session for losing -2.03%, in the last five days HYLN remained trading in the green while hitting it’s week-highest on Wednesday, 06/12/24 when the stock touched $1.45 price level, adding 5.84% to its value on the day. Hyliion Holdings Corporation’s shares saw a change of 78.20% in year-to-date performance and have moved 5.07% in past 5-day. Hyliion Holdings Corporation (NYSE:HYLN) showed a performance of -8.23% in past 30-days.

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Hyliion Holdings Corporation (HYLN) estimates and forecasts

Statistics highlight that Hyliion Holdings Corporation is scoring comparatively higher than the scores of other players of the relevant industry. The company added 127.67% of value to its shares in past 6 months, showing an annual growth rate of 47.62% while that of industry is 11.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Company posted 690k and 266k of sales in current and next quarters respectively a year earlier.

HYLN Dividends

Hyliion Holdings Corporation is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.