The stock of Hyzon Motors Inc. (NASDAQ:HYZN) last traded at $1.41, down -7.84% from the previous session.
Data from the available sources indicates that Hyzon Motors Inc. (NASDAQ:HYZN) is covered by 2 analysts. The consensus rating among analysts is ‘Underweight’. As we calculate the median target price by taking the range between a high of $4.00 and a low of $4.00, we find $4.00. Given the previous closing price of $1.53, this indicates a potential upside of 161.44 percent. HYZN stock price is now -17.55% away from the 50-day moving average and -54.60% away from the 200-day moving average. The market capitalization of the company currently stands at $365.50M.
Top 5 Undervalued Stocks To Own In 2023
Microchip Maker Releases "World's Most Powerful Data Center CPU". It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. We've put together a free research report that explains all the details. Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.
Click here to download your Free Research Report…
Sponsored
In total, 1 analysts have assigned it a hold rating, and 0 have given it a buy rating. Brokers who have rated the stock have averaged $4.00 as their price target over the next twelve months.
With the price target reduced from $7 to $3, Wedbush Downgraded its rating from Outperform to Neutral for Hyzon Motors Inc. (NASDAQ: HYZN)., while ‘DA Davidson’ rates the stock as ‘Neutral’.
Insiders disposed of 66,051 shares of company stock worth roughly $93131.90999999999 over the past 1 year. A total of 64.91% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in HYZN stock. A new stake in Hyzon Motors Inc. shares was purchased by COMPAGNIE LOMBARD ODIER SCMA during the first quarter worth $282,000. SIMPLEX TRADING, LLC invested $261,000 in shares of HYZN during the first quarter. In the first quarter, QUBE RESEARCH & TECHNOLOGIES LTD acquired a new stake in Hyzon Motors Inc. valued at approximately $185,000. SQUAREPOINT OPS LLC acquired a new stake in HYZN for approximately $143,000. TWO SIGMA INVESTMENTS, LP purchased a new stake in HYZN valued at around $62,000 in the second quarter. In total, there are 140 active investors with 20.00% ownership of the company’s stock.
With an opening price of $1.5100 on Tuesday morning, Hyzon Motors Inc. (NASDAQ: HYZN) set off the trading day. During the past 12 months, Hyzon Motors Inc. has had a low of $1.47 and a high of $7.58. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 14.90, and a quick ratio of 14.10. The fifty day moving average price for HYZN is $1.7102 and a two-hundred day moving average price translates $3.1058 for the stock.
The latest earnings results from Hyzon Motors Inc. (NASDAQ: HYZN) was released for Mar, 2022. According to the Auto Manufacturers Company, earnings per share came in at -$0.09, inline with analysts’ expectations of -$0.09. This compares to -$0.05 EPS in the same period last year. For the current quarter, analysts expect HYZN to generate $4.17M in revenue.
Hyzon Motors Inc.(HYZN) Company Profile
Hyzon Motors Inc., a hydrogen mobility company, provides decarbonized solutions for commercial vehicles market and hydrogen supply infrastructure. The company focuses on assembling and supplying hydrogen-powered FCEVs, including heavy-duty (Class 8) trucks, medium-duty (Class 6) trucks, light-duty (Class 3 and 4) trucks, and 40 and 60-foot (12 and18-meter) city and coach buses to commercial vehicle operators; and building and fostering a clean hydrogen supply ecosystem with leading partners from feedstock through hydrogen production, dispensing, and financing. The company was founded in 2020 and is headquartered in Honeoye Falls, New York.
