Hyzon Motors Inc. (NASDAQ:HYZN - Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 196,017 shares changed hands during trading, a decline of 31% from the previous session's volume of 282,671 shares.The stock last traded at $2.03 and had previously closed at $2.15.
Hyzon Motors Trading Down 13.0 %
The firm's 50 day moving average price is $2.62 and its 200-day moving average price is $14.39. The company has a market cap of $462.63 million, a P/E ratio of -2.57 and a beta of 2.85.
Hyzon Motors (NASDAQ:HYZN - Get Free Report) last released its earnings results on Tuesday, August 13th. The company reported ($10.50) EPS for the quarter, missing analysts' consensus estimates of ($7.50) by ($3.00). The business had revenue of $0.31 million for the quarter, compared to analysts' expectations of $1.00 million. During the same period in the previous year, the company earned ($12.50) earnings per share.
Insider Transactions at Hyzon Motors
In related news, major shareholder Fuel Cell Technologies Horizon sold 28,220 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $5.00, for a total value of $141,100.00. Following the sale, the insider now directly owns 1,028,743 shares in the company, valued at $5,143,715. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In the last ninety days, insiders sold 234,455 shares of company stock worth $948,098. 1.70% of the stock is currently owned by company insiders.
Institutional Trading of Hyzon Motors
An institutional investor recently raised its position in Hyzon Motors stock. Vanguard Group Inc. grew its holdings in Hyzon Motors Inc. (NASDAQ:HYZN - Free Report) by 1.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,745,622 shares of the company's stock after acquiring an additional 48,833 shares during the quarter. Vanguard Group Inc. owned 1.53% of Hyzon Motors worth $2,760,000 at the end of the most recent reporting period. 61.41% of the stock is currently owned by hedge funds and other institutional investors.
About Hyzon Motors
(
Get Free Report)
Hyzon Motors Inc supplies hydrogen fuel cell systems for decarbonization applications in various industries. The company commercializes its proprietary fuel cell technology through assembling and upfitting heavy duty (HD) hydrogen fuel cell electric vehicles (FCEVs). It also focuses primarily on assembling and converting hydrogen-powered FCEVs; and building and fostering a clean hydrogen supply ecosystem with partners and third parties from feedstock through hydrogen production, dispensing, and financing.
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