Hyliion Holdings Corporation [HYLN] stock prices are up 2.53% to $2.43 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HYLN shares have gain 11.98% over the last week, with a monthly amount drifted -11.96%, and not seem to be holding up well over a long-time horizon.
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 $0.84 and $4.09 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 $2.43 at the most recent close of the market. An investor can expect a potential return of 28.81% 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 -1.37% with Operating Profit Margin at -49.74%, Pretax Profit Margin comes in at -51.97%, and Net Profit Margin reading is -51.97%. To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is -0.24 and Total Capital is -0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
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 2.34 points at the first support level, and at 2.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.52, and for the 2nd resistance point, it is at 2.61.
Ratios To Look Out For
It’s worth pointing out that Hyliion Holdings Corporation [AMEX:HYLN]’s Current Ratio is 17.62. As well, the Quick Ratio is 17.62, while the Cash Ratio is 3.06.
Transactions by insiders
Recent insider trading involved Cubbage Vincent T., Director, that happened on Nov 22 ’24 when 65000.0 shares were sold. Director, Craig Jeffrey A completed a deal on Nov 20 ’24 to buy 50000.0 shares. Meanwhile, Chief Commercial Officer RAMASAMY GOVINDARAJ bought 30000.0 shares on Sep 11 ’24.
