Hyliion Holdings Corporation (HYLN) is gearing up for another turning point as it hit the volume of 0.94 million

Hyliion Holdings Corporation (NYSE: HYLN) on Friday, plunged -5.33% from the previous trading day, before settling in for the closing price of $1.50. Within the past 52 weeks, HYLN’s price has moved between $0.52 and $2.29.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Consumer Cyclical Sector giant saw their annual sales surged by 176.98% over the last five years. The company achieved an average annual earnings per share of 61.76%. With a float of $124.19 million, this company’s outstanding shares have now reached $183.07 million.

The firm has a total of 85 workers. Let’s measure their productivity.

Hyliion Holdings Corporation (HYLN) Insider Activity

Observing investor behavior towards Auto Parts industry stocks is more important than anything else. The insider ownership of Hyliion Holdings Corporation is 32.21%, while institutional ownership is 19.86%. The most recent insider transaction that took place on Nov 21 ’23, was worth 57,000. In this transaction Director of this company bought 100,000 shares at a rate of $0.57, taking the stock ownership to the 176,435 shares. Before that another transaction happened on Nov 16 ’23, when Company’s Chief Strategy Officer bought 20,000 for $0.66, making the entire transaction worth $13,200. This insider now owns 281,373 shares in total.

Hyliion Holdings Corporation (HYLN) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.42 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 61.76% per share during the next fiscal year.

Hyliion Holdings Corporation (NYSE: HYLN) Trading Performance Indicators

Hyliion Holdings Corporation (HYLN) is currently performing well based on its current performance indicators. A quick ratio of 12.02 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 388.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.68

Technical Analysis of Hyliion Holdings Corporation (HYLN)

Analysing the last 5-days average volume posted by the [Hyliion Holdings Corporation, HYLN], we can find that recorded value of 0.9 million was lower than the volume posted last year of 1.23 million. As of the previous 9 days, the stock’s Stochastic %D was 20.06%. Additionally, its Average True Range was 0.14.

During the past 100 days, Hyliion Holdings Corporation’s (HYLN) raw stochastic average was set at 61.84%, which indicates a significant increase from 9.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.54% in the past 14 days, which was lower than the 100.75% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.5084, while its 200-day Moving Average is $1.2009. Now, the first resistance to watch is $1.5267. This is followed by the second major resistance level at $1.6333. The third major resistance level sits at $1.7017. If the price goes on to break the first support level at $1.3517, it is likely to go to the next support level at $1.2833. Should the price break the second support level, the third support level stands at $1.1767.

Hyliion Holdings Corporation (NYSE: HYLN) Key Stats

Market capitalization of the company is 260.16 million based on 183,208K outstanding shares. Right now, sales total 670 K and income totals -123,510 K. The company made 100 K in profit during its latest quarter, and -30,320 K in sales during its previous quarter.