On Friday, Hyliion Holdings Corporation (NYSE: HYLN) opened lower -4.63% from the last session, before settling in for the closing price of $2.16. Price fluctuations for HYLN have ranged from $0.52 to $2.61 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 176.98% over the past five years. Company’s average yearly earnings per share was noted 57.35% at the time writing. With a float of $114.42 million, this company’s outstanding shares have now reached $183.07 million.
Let’s look at the performance matrix of the company that is accounted for 85 employees.
Hyliion Holdings Corporation (HYLN) Insider Updates
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Hyliion Holdings Corporation is 34.09%, while institutional ownership is 23.21%. The most recent insider transaction that took place on Sep 11 ’24, was worth 57,600. In this transaction Chief Commercial Officer of this company bought 30,000 shares at a rate of $1.92, taking the stock ownership to the 298,000 shares. Before that another transaction happened on Jun 12 ’24, when Company’s Chief Commercial Officer bought 10,000 for $1.50, making the entire transaction worth $15,000. This insider now owns 227,500 shares in total.
Hyliion Holdings Corporation (HYLN) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted -0.16 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.18) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 57.35% per share during the next fiscal year.
Hyliion Holdings Corporation (NYSE: HYLN) Trading Performance Indicators
Check out the current performance indicators for Hyliion Holdings Corporation (HYLN). In the past quarter, the stock posted a quick ratio of 21.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3575.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.48, a number that is poised to hit -0.07 in the next quarter
Technical Analysis of Hyliion Holdings Corporation (HYLN)
Hyliion Holdings Corporation (NYSE: HYLN) saw its 5-day average volume 0.74 million, a negative change from its year-to-date volume of 0.93 million. As of the previous 9 days, the stock’s Stochastic %D was 76.91%. Additionally, its Average True Range was 0.14.
During the past 100 days, Hyliion Holdings Corporation’s (HYLN) raw stochastic average was set at 58.56%, which indicates a significant decrease from 69.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.70% in the past 14 days, which was lower than the 84.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.02, while its 200-day Moving Average is $1.51. Nevertheless, the first resistance level for the watch stands at $2.11 in the near term. At $2.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.19. If the price goes on to break the first support level at $2.03, it is likely to go to the next support level at $2.00. Assuming the price breaks the second support level, the third support level stands at $1.95.
Hyliion Holdings Corporation (NYSE: HYLN) Key Stats
There are currently 174,036K shares outstanding in the company with a market cap of 357.57 million. Presently, the company’s annual sales total 670 K according to its annual income of -123,510 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -10,860 K.
