Hyliion Holdings Corp. (NYSE:HYLN) traded at $5.82 at close of the session on Friday, 01/07/22, made a downward move of -0.17% on its previous day’s price.
Looking at the stock we see that its previous close was $5.83 and the beta (5Y monthly) reads 0.75 with the day’s price range being $5.80 – $6.05. The company has a trailing 12-month PE ratio of 2.25. In terms of its 52-week price range, HYLN has a high of $22.25 and a low of $5.57. The company’s stock has lost about -11.28% over that past 30 days.
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Hyliion Holdings Corp. has a market cap of $1.01 billion and is expected to release its quarterly earnings report on Feb 21, 2022 – Feb 25, 2022. Estimates by analysts give the company expected earnings per share (EPS) of -$0.25, with the EPS growth for the year raised at -$0.63 for 2021 and -$0.86 for next year. These figures represent -125.00% and -36.50% growth in EPS for the two years respectively.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the HYLN stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Based on estimates by 5 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the Hyliion Holdings Corp. (HYLN) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 2 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -5.47% off its SMA20 and -15.43% from its 50-day simple moving average. The RSI (14) is pointing at 40.39 while the volatility over the past week is 6.17% and jumps to 6.72% over the past one month. The average price target for the stock over the next 12 months is $7.30, with the estimates having a low of $4.50 and a high of $12.00. These price ends are 22.68% and -106.19% off the current price level respectively, although investors could be excited at the prospect of a -20.27% if the HYLN share price touches on the median price of $7.00.
Coming back to Hyliion Holdings Corp. (NYSE:HYLN), we note that the average 3-month trading volume was 2.82 million, while that of the preceding 10-day period stands at 2.32 million. Current shares outstanding are 172.99 million.
The insiders hold 23.60% of the company’s shares while institutions hold 27.20%. The data shows that short shares as of Dec 14, 2021, stood at 21.17 million at a short ratio of 8.1. This represents a 12.22% short interest in shares outstanding on Dec 14, 2021. Shares short fall in December from the previous month at 23.17 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -6.13% down in year-to-date price movement.