With 0.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.91 million shares. The 52-week range on HYLN shows that it touched its highest point at $4.09 and its lowest point at $1.17 during that stretch. It currently has a 1-year price target of $2.00. Beta for the stock currently stands at 2.79.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HYLN was up-trending over the past week, with a rise of 10.60%, but this was up by 39.17% over a month. Three-month performance dropped to -20.85% while six-month performance fell -27.07%. The stock gained 5.70% in the past year, while it has lost -36.02% so far this year. A look at the trailing 12-month EPS for HYLN yields -0.30 with Next year EPS estimates of -0.30. For the next quarter, that number is -0.08. This implies an EPS growth rate of 0.00% for this year and 0.00% for next year. EPS is expected to grow by 5.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -12.81%.
Float and Shares Shorts:
At present, 173.82 million HYLN shares are outstanding with a float of 117.88 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HYLN since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.29 being high and -$0.29 being low. For HYLN, this leads to a yearly average estimate of -$0.29.
