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.
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.