A new trading day began on Friday, with Hyzon Motors Inc (NASDAQ: HYZN) stock price down -32.53% from the previous day of trading, before settling in for the closing price of $1.66. HYZN’s price has ranged from $1.29 to $46.00 over the past 52 weeks.
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
A company in the Consumer Cyclical sector has jumped its sales by 933.08% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 22.48%. With a float of $6.74 million, this company’s outstanding shares have now reached $7.59 million.
In an organization with 360 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -248.84%, operating margin of -1525.79%, and the pretax margin is -1644.4%.
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 11.25%, while institutional ownership is 9.31%. 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
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 22.48% 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 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -35.11, a number that is poised to hit -6.19 in the next quarter and is forecasted to reach -22.18 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 0.44 million. That was better than the volume of 0.29 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.59%. Additionally, its Average True Range was 0.20.
During the past 100 days, Hyzon Motors Inc’s (HYZN) raw stochastic average was set at 2.34%, which indicates a significant decrease from 16.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 169.54% in the past 14 days, which was higher than the 143.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7870, while its 200-day Moving Average is $13.9684. However, in the short run, Hyzon Motors Inc’s stock first resistance to watch stands at $1.4767. Second resistance stands at $1.8333. The third major resistance level sits at $2.0967. If the price goes on to break the first support level at $0.8567, it is likely to go to the next support level at $0.5933. Assuming the price breaks the second support level, the third support level stands at $0.2367.
Hyzon Motors Inc (NASDAQ: HYZN) Key Stats
With a market capitalization of 5.73 million, the company has a total of 7,592K Shares Outstanding. Currently, annual sales are 300 K while annual income is -184,040 K. The company’s previous quarter sales were 130 K while its latest quarter income was -41,320 K.
