In last trading session, Hyliion Holdings Corporation (AMEX:HYLN) saw 1.57 million shares changing hands with its beta currently measuring 2.05. Company’s recent per share price level of $2.65 trading at -$0.11 or -3.99% at ring of the bell on the day assigns it a market valuation of $460.40M. That closing price of HYLN’s stock is at a discount of -54.34% from its 52-week high price of $4.09 and is indicating a premium of 76.6% from its 52-week low price of $0.62. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.26 million shares which gives us an average trading volume of 1.25 million if we extend that period to 3-months.
For Hyliion Holdings Corporation (HYLN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 5 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
Hyliion Holdings Corporation (AMEX:HYLN) trade information
Upright in the red during last session for losing -3.99%, in the last five days HYLN remained trading in the red while hitting it’s week-highest on Thursday, 12/12/24 when the stock touched $2.65 price level, adding 15.34% to its value on the day. Hyliion Holdings Corporation’s shares saw a change of 225.67% in year-to-date performance and have moved -12.25% in past 5-day. Hyliion Holdings Corporation (AMEX:HYLN) showed a performance of -5.36% in past 30-days. Number of shares sold short was 11.67 million shares which calculate 11.59 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3.12 to the stock, which implies a rise of 15.2% to its current value. Analysts have been projecting 2.25 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would jump 15.09% in reaching the projected high whereas dropping to the targeted low would mean a gain of 15.09% for stock’s current value.
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 75.50% of value to its shares in past 6 months, showing an annual growth rate of 55.56% while that of industry is 7.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 74,304.76% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 500M for the same. And 1 analysts are in estimates of company making revenue of 750M in the next quarter.
Hyliion Holdings Corporation (AMEX:HYLN)’s Major holders
Insiders are in possession of 32.97% of company’s total shares while institution are holding 23.42 percent of that, with stock having share float percentage of 34.94%. Investors also watch the number of corporate investors in a company very closely, which is 23.42% institutions for Hyliion Holdings Corporation that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at HYLN for having 9.46 million shares of worth $15.32 million. And as of 2024-06-30, it was holding 5.2992 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 7.25 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.0622 of outstanding shares, having a total worth of $11.75 million.
