In the last trading session, 1.2 million Hyliion Holdings Corporation (AMEX:HYLN) shares changed hands as the company’s beta touched 2.67. With the company’s per share price at $1.34 changed hands at -$0.04 or -2.90% during last session, the market valuation stood at $234.81M. HYLN’s last price was a discount, traded about -205.22% off its 52-week high of $4.09. The share price had its 52-week low at $1.17, which suggests the last value was 12.69% up since then.
Analysts gave the Hyliion Holdings Corporation (HYLN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 1 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended HYLN as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
Hyliion Holdings Corporation (AMEX:HYLN) trade information
Instantly HYLN was in red as seen at the end of in last trading. With action -25.14%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -48.66%, with the 5-day performance at -25.14% in the red. However, in the 30-day time frame, Hyliion Holdings Corporation (AMEX:HYLN) is -2.90% down.
The consensus price target for the stock as assigned by Wall Street analysts is 3.12, meaning bulls need an upside of 57.05% from its current market value. According to analyst projections, HYLN’s forecast low is 2.25 with 4 as the target high. To hit the forecast high, the stock’s price needs a -198.51% plunge from its current level, while the stock would need to soar -67.91% for it to hit the projected low.
Hyliion Holdings Corporation (HYLN) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -12.81%.
Hyliion Holdings Corporation (AMEX:HYLN)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 4.1709% or 7.25 million shares worth $11.75 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. With 4.14 shares estimated at $5.54 million under it, the former controlled 2.38% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.15% of the shares, roughly 3.74 shares worth around $5.01 million.
