The stock of Hyzon Motors Inc (NASDAQ:HYZN) last traded at $0.06, down -0.63% from the previous session.
HYZN stock price is now -67.45% away from the 50-day moving average and -89.22% away from the 200-day moving average. The market capitalization of the company currently stands at $17.11M.
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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 500,000 shares of the company’s stock on Aug 28 ’24. The stock was sold for $35,000 at an average price of $0.07. Upon completion of the transaction, the 10% Owner now directly owns 35,478,275 shares in the company, valued at $2.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 26 ’24, 10% Owner HORIZON FUEL CELL TECHNOLOGIES sold 2,000,000 shares of the business’s stock. A total of $180,000 was realized by selling the stock at an average price of $0.09. This leaves the insider owning 35,978,275 shares of the company worth $2.16 million. A total of 26.57% of the company’s stock is owned by insiders.
During the past 12 months, Hyzon Motors Inc has had a low of $0.05 and a high of $1.43. As of last week, the company has a debt-to-equity ratio of 0.12, a current ratio of 1.99, and a quick ratio of 1.76. The fifty day moving average price for HYZN is $0.18722 and a two-hundred day moving average price translates $0.58068 for the stock.
The latest earnings results from Hyzon Motors Inc (NASDAQ: HYZN) was released for 2024-06-30. The net profit margin was -1685.97% and return on equity was -132.28% for HYZN.
