Hyliion (HYLN) Scheduled to Post Earnings on Thursday

Hyliion (NYSE:HYLN) will issue its quarterly earnings data after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter.

Hyliion (NYSE:HYLN) last announced its earnings results on Tuesday, August 6th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.02.

Hyliion Stock Performance

Shares of Hyliion stock opened at $2.54 on Thursday. The stock has a market capitalization of $440.90 million, a PE ratio of -5.36 and a beta of 1.91. Hyliion has a 52 week low of $0.52 and a 52 week high of $2.73. The stock has a 50 day moving average price of $2.24 and a two-hundred day moving average price of $1.90.

Insider Buying and Selling at Hyliion

In related news, insider Govindaraj Ramasamy purchased 30,000 shares of Hyliion stock in a transaction on Wednesday, September 11th. The shares were bought at an average cost of $1.92 per share, for a total transaction of $57,600.00. Following the acquisition, the insider now owns 298,000 shares in the company, valued at approximately $572,160. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 20.40% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on HYLN shares. Northland Securities raised their price target on shares of Hyliion from $1.50 to $2.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 13th. Northland Capmk raised shares of Hyliion to a “hold” rating in a report on Tuesday, October 1st.

About Hyliion