Hyliion Holdings Corporation [HYLN] stock prices are up 11.07% to $3.11 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The HYLN shares have gain 7.99% over the last week, with a monthly amount glided 23.90%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Hyliion Holdings Corporation [AMEX: HYLN] stock has seen the most recent analyst activity on October 12, 2023, when Northland Capital downgraded its rating to a Market Perform and also revised its price target to $1.50 from $2.80. Previously, Northland Capital started tracking the stock with Outperform rating on November 22, 2022, and set its price target to $4. On August 11, 2022, downgrade downgraded it’s rating to Neutral but maintained its price target of $5 on the stock. JP Morgan downgraded its rating to a Underweight. UBS upgraded its rating to a Neutral but $4 remained the price target by the analyst firm on March 02, 2022. In a note dated November 11, 2021, Barclays downgraded an Equal Weight rating on this stock and revised its target price from $12 to $7.
The stock price of Hyliion Holdings Corporation [HYLN] has been fluctuating between $0.55 and $2.97 over the past year. Currently, Wall Street analysts expect the stock to reach $3.13 within the next 12 months. Hyliion Holdings Corporation [AMEX: HYLN] shares were valued at $3.11 at the most recent close of the market. An investor can expect a potential return of 0.64% based on the average HYLN price forecast.
Analyzing the HYLN fundamentals
The Hyliion Holdings Corporation [AMEX:HYLN] reported sales of 0.00M for trailing twelve months, representing a drop of -100.00%. Gross Profit Margin for this corporation currently stands at -0.68% with Operating Profit Margin at -26.59%, Pretax Profit Margin comes in at -25.98%, and Net Profit Margin reading is -25.98%. To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is -0.24 and Total Capital is -0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.85 points at the first support level, and at 2.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.25, and for the 2nd resistance point, it is at 3.40.
Ratios To Look Out For
It’s worth pointing out that Hyliion Holdings Corporation [AMEX:HYLN]’s Current Ratio is 17.62. On the other hand, the Quick Ratio is 17.62, and the Cash Ratio is 3.06.
Transactions by insiders
Recent insider trading involved RAMASAMY GOVINDARAJ, Chief Commercial Officer, that happened on Sep 11 ’24 when 30000.0 shares were purchased. Chief Commercial Officer, RAMASAMY GOVINDARAJ completed a deal on Jun 12 ’24 to buy 10000.0 shares. Meanwhile, Director KNIGHT ROBERT M JR bought 100000.0 shares on Nov 21 ’23.
