A new trading day began on Monday, with Hyzon Motors Inc (NASDAQ: HYZN) stock price down -18.00% from the previous day of trading, before settling in for the closing price of $0.06. HYZN’s price has ranged from $0.05 to $1.42 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 933.08% over the past five years. Meanwhile, its annual earnings per share averaged 22.00%. With a float of $228.95 million, this company’s outstanding shares have now reached $245.08 million.
Let’s look at the performance matrix of the company that is accounted for 360 employees. In terms of profitability, gross margin is -290.62%, operating margin of -1544.93%, and the pretax margin is -1691.03%.
Hyzon Motors Inc (HYZN) Insider Updates
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 Hyzon Motors Inc is 15.52%, while institutional ownership is 12.71%. The most recent insider transaction that took place on Aug 28 ’24, was worth 35,000. In this transaction 10% Owner of this company sold 500,000 shares at a rate of $0.07, taking the stock ownership to the 35,478,275 shares. Before that another transaction happened on Aug 26 ’24, when Company’s 10% Owner sold 2,000,000 for $0.09, making the entire transaction worth $180,000. This insider now owns 35,978,275 shares in total.
Hyzon Motors Inc (HYZN) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.13 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.00% per share during the next fiscal year.
Hyzon Motors Inc (NASDAQ: HYZN) Trading Performance Indicators
Here are Hyzon Motors Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.73, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.48 in one year’s time.
Technical Analysis of Hyzon Motors Inc (HYZN)
Hyzon Motors Inc (NASDAQ: HYZN) saw its 5-day average volume 10.31 million, a positive change from its year-to-date volume of 4.1 million. As of the previous 9 days, the stock’s Stochastic %D was 10.51%. Additionally, its Average True Range was 0.02.
During the past 100 days, Hyzon Motors Inc’s (HYZN) raw stochastic average was set at 0.56%, which indicates a significant decrease from 5.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 161.13% in the past 14 days, which was higher than the 156.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.1566, while its 200-day Moving Average is $0.5549. Nevertheless, the first resistance level for the watch stands at $0.0567 in the near term. At $0.0600, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.0634. If the price goes on to break the first support level at $0.0500, it is likely to go to the next support level at $0.0466. Assuming the price breaks the second support level, the third support level stands at $0.0433.
Hyzon Motors Inc (NASDAQ: HYZN) Key Stats
With a market capitalization of 14.47 million, the company has a total of 247,397K Shares Outstanding. Currently, annual sales are 300 K while annual income is -184,040 K. The company’s previous quarter sales were 310 K while its latest quarter income was -50,790 K.
