Stocks of Hyzon Motors Inc (NASDAQ:HYZN) traded higher last session on Wall Street, down -6.25% to $0.15.
HYZN stock price is now -64.66% away from the 50-day moving average and -78.84% away from the 200-day moving average. The market capitalization of the company currently stands at $37.11M.
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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’
In other news, HORIZON FUEL CELL TECHNOLOGIES, 10% Owner sold 199,392 shares of the company’s stock on Jun 05 ’24. The stock was sold for $101,690 at an average price of $0.51. Upon completion of the transaction, the 10% Owner now directly owns 89,034,094 shares in the company, valued at $13.36 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 04 ’24, 10% Owner HORIZON FUEL CELL TECHNOLOGIES sold 217,971 shares of the business’s stock. A total of $113,345 was realized by selling the stock at an average price of $0.52. This leaves the insider owning 89,233,486 shares of the company worth $13.39 million. A total of 23.15% of the company’s stock is owned by insiders.
During the past 12 months, Hyzon Motors Inc has had a low of $0.12 and a high of $2.17. As of last week, the company has a debt-to-equity ratio of 0.07, a current ratio of 3.43, and a quick ratio of 2.77. The fifty day moving average price for HYZN is $0.4163 and a two-hundred day moving average price translates $0.703925 for the stock.
The latest earnings results from Hyzon Motors Inc (NASDAQ: HYZN) was released for 2024-03-31. The net profit margin was -1829.33% and return on equity was -99.73% for HYZN.
