Hyzon Motors Inc (NASDAQ:HYZN) -40.56% Down Over A Week, Can The Stock Hit Well Above -$0.7600?

In recent trading session, Hyzon Motors Inc (NASDAQ:HYZN) saw 0.53 million shares changing hands at last check today with its beta currently measuring 2.78. Company’s recent per share price level of $1.12 trading at -$0.54 or -32.68% at last check today assigns it a market valuation of $8.48M. That most recent trading price of HYZN’s stock is at a discount of -4007.14% from its 52-week high price of $46.00 and is indicating a discount of -15.18% from its 52-week low price of $1.29. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.13 million shares which gives us an average trading volume of 812.15K if we extend that period to 3-months.

For Hyzon Motors Inc (HYZN), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 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.

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Hyzon Motors Inc (NASDAQ:HYZN) trade information

Upright in the red during last session for losing -32.68%, in the last five days HYZN remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $1.12 price level, adding 42.86% to its value on the day. Hyzon Motors Inc’s shares saw a change of -97.50% in year-to-date performance and have moved -40.56% in past 5-day. Hyzon Motors Inc (NASDAQ:HYZN) showed a performance of -31.44% in past 30-days. Number of shares sold short was 0.49 million shares which calculate 0.26 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 2.89 to the stock, which implies a rise of 61.25% to its recent value today. Analysts have been projecting 2.78 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -148.21% in reaching the projected high whereas dropping to the targeted low would mean a loss of -148.21% for stock’s current value.

Hyzon Motors Inc (HYZN) estimates and forecasts

This year revenue growth is estimated to rise 5,493.22% 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 4M for the same.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -722.29% during past 5 years.

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

Insiders are in possession of 17.16% of company’s total shares while institution are holding 9.51 percent of that, with stock having share float percentage of 11.48%. Investors also watch the number of corporate investors in a company very closely, which is 9.51% institutions for Hyzon Motors Inc that are currently holding shares of the company. LONG FOCUS CAPITAL MANAGEMENT, LLC is the top institutional holder at HYZN for having 15.02 million shares of worth $4.82 million. And as of 2024-06-30, it was holding 6.126 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.16 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.6969 of outstanding shares, having a total worth of $1.34 million.

On the other hand, Vanguard Total Stock Market Index Fund and Global X Fds-Global X Hydrogen ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 52.83 shares of worth $63396.0 or 0.70% of the total outstanding shares. The later fund manager was in possession of 38.23 shares on Oct 31, 2024, making its stake of worth around $45877.0 in the company or a holder of 0.50% of company’s stock.