On Tuesday, Hyzon Motors Inc (NASDAQ: HYZN) opened higher 32.12% from the last session, before settling in for the closing price of $1.93. Price fluctuations for HYZN have ranged from $1.84 to $63.00 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 933.08% annually for the last half of the decade. Company’s average yearly earnings per share was noted 22.23% at the time writing. With a float of $4.60 million, this company’s outstanding shares have now reached $4.90 million.
In an organization with 360 employees, it is important to assess its efficiency. 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
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Hyzon Motors Inc is 15.54%, while institutional ownership is 12.64%. 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
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -6.5 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -8) by 1.5. Wall Street market experts anticipate that the next fiscal year will bring earnings of -6.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.23% per share during the next fiscal year.
Hyzon Motors Inc (NASDAQ: HYZN) Trading Performance Indicators
Check out the current performance indicators for Hyzon Motors Inc (HYZN). In the past quarter, the stock posted a quick ratio of 1.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -36.37, a number that is poised to hit -6.94 in the next quarter and is forecasted to reach -23.89 in one year’s time.
Technical Analysis of Hyzon Motors Inc (HYZN)
Let’s dig in a bit further. During the last 5-days, its volume was 7.35 million. That was better than the volume of 0.27 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 32.30%. Additionally, its Average True Range was 0.37.
During the past 100 days, Hyzon Motors Inc’s (HYZN) raw stochastic average was set at 2.66%, which indicates a significant decrease from 47.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 126.23% in the past 14 days, which was lower than the 168.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.6600, while its 200-day Moving Average is $20.6500. However, in the short run, Hyzon Motors Inc’s stock first resistance to watch stands at $3.2200. Second resistance stands at $3.9000. The third major resistance level sits at $4.4500. If the price goes on to break the first support level at $1.9900, it is likely to go to the next support level at $1.4400. Assuming the price breaks the second support level, the third support level stands at $0.7600.
Hyzon Motors Inc (NASDAQ: HYZN) Key Stats
There are currently 247,397K shares outstanding in the company with a market cap of 13.90 million. Presently, the company’s annual sales total 300 K according to its annual income of -184,040 K. Last quarter, the company’s sales amounted to 310 K and its income totaled -50,790 K.
