Hyliion Holdings Corporation (NYSE:HYLN)’s traded shares stood at 0.45 million during the last session, with the company’s beta value hitting 1.90. At the close of trading, the stock’s price was $2.44, to imply a decrease of -1.21% or -$0.03 in intraday trading. The HYLN share’s 52-week high remains $2.73, putting it -11.89% down since that peak but still an impressive 78.69% since price per share fell to its 52-week low of $0.52. The company has a valuation of $423.54M, with an average of 1.51 million shares in intraday trading volume over the past 10 days and average of 952.23K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Hyliion Holdings Corporation (HYLN), translating to a mean rating of 3.00. Of 5 analyst(s) looking at the stock, 1 analyst(s) give HYLN a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
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Hyliion Holdings Corporation (NYSE:HYLN) trade information
After registering a -1.21% downside in the last session, Hyliion Holdings Corporation (HYLN) has traded red over the past five days. The 5-day price performance for the stock is -4.69%, and 45.24% over 30 days. With these gigs, the year-to-date price performance is 199.86%. Short interest in Hyliion Holdings Corporation (NYSE:HYLN) saw shorts transact 11.52 million shares and set a 19.91 days time to cover.
The extremes give us $2.25 and $4 for target low and target high price respectively. As such, HYLN has been trading -63.93% off suggested target high and 7.79% from its likely low.
Hyliion Holdings Corporation (HYLN) estimates and forecasts
Looking at statistics comparing Hyliion Holdings Corporation share performance against respective industry, we note that the company has outperformed competitors. Hyliion Holdings Corporation (HYLN) shares are 54.43% up over the last 6 months, with its year-to-date growth rate higher than industry average at 53.97% against 7.00%.
Earnings reports from the last fiscal year show that sales brought in 690k and 266k respectively in the corresponding quarters.
HYLN Dividends
Hyliion Holdings Corporation has its next earnings report out on 2024-Feb-13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Hyliion Holdings Corporation (NYSE:HYLN)’s Major holders
Hyliion Holdings Corporation insiders hold 32.97% of total outstanding shares, with institutional holders owning 23.35% of the shares at 34.83% float percentage. In total, 23.35% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 9.46 million shares (or 5.2992% of shares), all amounting to roughly $15.32 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 7.25 million shares, or about 4.0622% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $11.75 million.
