Investing In Hyliion Holdings Corporation (AMEX: HYLN): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

The company is listed on the AMEX and operates within the Auto Parts industry segment. The current market capitalization of Hyliion Holdings Corporation is $535.05M. A total of 1.22 million shares were traded on the day, compared to an average of 805.11K shares.

In the most recent transaction, RAMASAMY GOVINDARAJ bought 30,000 shares of HYLN for 1.92 per share on Sep 11 ’24. After the transaction, the Chief Commercial Officer now owns 298,000 company shares. In a previous transaction on Jun 12 ’24, RAMASAMY GOVINDARAJ bought 10,000 shares at 1.50 per share. HYLN shares that Chief Commercial Officer owns now total 227,500.

Among the insiders who bought shares, KNIGHT ROBERT M JR acquired of 100,000 shares on Nov 21 ’23 at a per-share price of $0.57. This resulted in the Director holding 176,435 shares of HYLN after the transaction. In another insider transaction, LANTZ CHERI bought 20,000 shares at $0.66 per share on Nov 16 ’23. Company shares held by the Chief Strategy Officer now total 281,373.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, HYLN has a high of $2.82 and a low of $0.52.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. HYLN’s latest balance sheet shows that the firm has $377.23M in Cash & Short Term Investments as of fiscal 2021. There were $8.64M in debt and $15.23M in liabilities at the time. Its Book Value Per Share was $1.54, while its Total Shareholder’s Equity was $553.91M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HYLN is Buy with a score of 3.00.

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