Hyzon Motors Inc. (NASDAQ:HYZN) currently has a daily average trading volume of 1.33M but it saw 1082535 shares traded on Wednesday. With a market cap of 143.21M USD, stock’s current market price of $0.58 came falling about -7.78 while comparing to the previous closing price of $0.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.22 and as low as $0.45. In the recent trading on the day, stock has struck highest price mark of $0.6299 while lowest mark touched by it was $0.5441.
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Taking a look at 20-day trading activity of Hyzon Motors Inc. (HYZN) gives us an average price of $0.6842, while its current price level is -88.96% below from 52-week high level whereas it is 27.93% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.7870 while that of 200 days or SMA-200 reads an average of $1.5259. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.29% during that period while stretching the period over a month that decreases to 10.38%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.55 which implies that the stock is in neutral territory.
Hyzon Motors Inc. (HYZN)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $4.00 and $4.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $4.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $4.00. Average price target assigned by them is $4.00 which highlights an upside potential of 85.5% for the stock over that period. And to attain the median price target of $4.00 assigned by those analysts, stock has to add about 85.5% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Hold.
Over the week, HYZN’s stock price is moving 4.67% up while it is -27.15% when we observe its performance for the past one month. Year-to-date it is -62.86% down and over the past year, the stock is showing a downside performance of -86.58%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2022, when its quarterly earnings per share (EPS) of -$0.09 beat the consensus estimate of -$0.09 for the same. The company is expected to be releasing its next quarterly report in 08/09/2023, for which analysts forecasted an EPS of -$0.1 while estimate for next year EPS is -$0.48. For HYZN, analysts are forecasting an EPS-growth rate of -50.00% for current year and estimate for EPS growth in next year is 20.80%. In next quarter, company is expected to be making quarterly sales of $12.32 million as analysts are expecting the sales for current fiscal year at $15.5 million and seeing the company making $134 million in sales next year. Moreover, analysts are in estimates of $3.37 million for current-quarter revenue.
Currently, Hyzon Motors Inc.’s total number of outstanding shares is 248.16M with 64.27% of that held by the insiders while 23.70% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -4.80%. Stock has a price to book (P/B) ratio of 0.37 while price to sale or P/S ratio amounts to 51.15. Its return on asset (ROA) is -3.80% on average.
In the most recent quarter, Green Benefit – Global Impact Fun came rising its stake by 45.18% in the company and now holds 3.69 million or 1.51% of the company’s stake having worth of about 3.07 million.
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