Hyliion Holdings Corporation (HYLN) is gearing up for another turning point as it hit the volume of 1.34 million

A new trading day began on Tuesday, with Hyliion Holdings Corporation (NYSE: HYLN) stock price down -3.05% from the previous day of trading, before settling in for the closing price of $1.31. HYLN’s price has ranged from $0.52 to $2.29 over the past 52 weeks.

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Consumer Cyclical Sector giant saw their annual sales surged by 176.98% over the last five years. Meanwhile, its annual earnings per share averaged 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

As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. 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

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

Here are Hyliion Holdings Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 12.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 347.28.

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 0.81 million was lower than the volume posted last year of 1.19 million. As of the previous 9 days, the stock’s Stochastic %D was 10.36%. Additionally, its Average True Range was 0.12.

During the past 100 days, Hyliion Holdings Corporation’s (HYLN) raw stochastic average was set at 51.15%, which indicates a significant increase from 3.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.95% in the past 14 days, which was lower than the 99.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.5418, while its 200-day Moving Average is $1.1855. Now, the first resistance to watch is $1.3417. This is followed by the second major resistance level at $1.4133. The third major resistance level sits at $1.4567. If the price goes on to break the first support level at $1.2267, it is likely to go to the next support level at $1.1833. Should the price break the second support level, the third support level stands at $1.1117.

Hyliion Holdings Corporation (NYSE: HYLN) Key Stats

With a market capitalization of 232.68 million, the company has a total of 183,208K Shares Outstanding. Currently, annual sales are 670 K while annual income is -123,510 K. The company’s previous quarter sales were 100 K while its latest quarter income was -30,320 K.