Hyzon Motors Inc. (NASDAQ:HYZN – Get Rating) shot up 1.9% on Friday . The stock traded as high as $0.88 and last traded at $0.85. 1,141,221 shares traded hands during trading, a decline of 44% from the average session volume of 2,046,584 shares. The stock had previously closed at $0.84.
Hyzon Motors Stock Up 1.9 %
The company has a 50 day simple moving average of $1.29 and a two-hundred day simple moving average of $1.59. The company has a market capitalization of $208.71 million, a P/E ratio of -7.11 and a beta of 2.25.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the business. MetLife Investment Management LLC bought a new position in shares of Hyzon Motors during the fourth quarter valued at approximately $81,000. Virtu Financial LLC purchased a new stake in shares of Hyzon Motors in the fourth quarter valued at approximately $40,000. Shay Capital LLC purchased a new stake in shares of Hyzon Motors in the fourth quarter valued at approximately $380,000. Legal & General Group Plc boosted its holdings in shares of Hyzon Motors by 3.6% in the fourth quarter. Legal & General Group Plc now owns 6,455,449 shares of the company’s stock valued at $10,006,000 after purchasing an additional 227,198 shares during the period. Finally, Norges Bank purchased a new stake in shares of Hyzon Motors in the fourth quarter valued at approximately $10,075,000. Institutional investors own 18.97% of the company’s stock.
About Hyzon Motors
Hyzon Motors Inc, a hydrogen mobility company, provides decarbonized solutions for commercial vehicles market and hydrogen supply infrastructure. The company focuses on assembling and supplying hydrogen-powered FCEVs, including heavy-duty (Class 8) trucks, medium-duty (Class 6) trucks, light-duty (Class 3 and 4) trucks, and 40 and 60-foot (12 and18-meter) city and coach buses to commercial vehicle operators; and building and fostering a clean hydrogen supply ecosystem with leading partners from feedstock through hydrogen production, dispensing, and financing.
See Also
- Get a free copy of the StockNews.com research report on Hyzon Motors (HYZN)
- Costco Sales Disappoint, Markets Are Missing This Upside Driver
- First Republic Bank Is A Speculative Play, Here’s Why
- The WD-40 Company Bottoms With Reversal In Sight
- 3 Low-Cost Stock ETFs That Are Crushing It This Year
- FedEx Takes Flight; Analysts See More Gains Ahead
Receive News & Ratings for Hyzon Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyzon Motors and related companies with MarketBeat.com's FREE daily email newsletter.
