Hyzon Motors Inc. (NASDAQ:HYZN) Director Sells $16,877.16 in Stock

Hyzon Motors Inc. (NASDAQ:HYZN) Director Elaine H. Wong sold 15,627 shares of the stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $1.08, for a total value of $16,877.16. Following the completion of the sale, the director now owns 1,960 shares of the company’s stock, valued at approximately $2,116.80. This trade represents a 88.86 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Hyzon Motors Trading Down 1.9 %

NASDAQ HYZN opened at $1.05 on Thursday. The company’s fifty day simple moving average is $1.65 and its 200-day simple moving average is $5.16. The stock has a market cap of $7.97 million, a P/E ratio of -0.03 and a beta of 2.83. Hyzon Motors Inc. has a 52 week low of $0.95 and a 52 week high of $45.00.

Hedge Funds Weigh In On Hyzon Motors

Institutional investors have recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its stake in shares of Hyzon Motors by 12.2% in the second quarter. Van ECK Associates Corp now owns 1,022,830 shares of the company’s stock worth $328,000 after acquiring an additional 111,431 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of Hyzon Motors by 48.0% during the third quarter. Victory Capital Management Inc. now owns 25,199 shares of the company’s stock worth $61,000 after buying an additional 8,173 shares in the last quarter. Finally, First Commonwealth Financial Corp PA bought a new stake in shares of Hyzon Motors in the third quarter worth $26,000. Institutional investors and hedge funds own 61.41% of the company’s stock.

Hyzon Motors Company Profile

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.