Hyliion Holdings Corp. (NYSE:HYLN - Get Free Report) saw unusually large options trading activity on Wednesday. Traders purchased 5,209 call options on the company. This is an increase of approximately 1,134% compared to the average volume of 422 call options.
Hyliion Trading Up 5.3%
NYSE HYLN traded up $0.06 on Monday, hitting $1.20. 2,999,381 shares of the company traded hands, compared to its average volume of 1,140,422. The business's 50 day moving average price is $1.46 and its 200-day moving average price is $2.12. Hyliion has a 52-week low of $1.11 and a 52-week high of $4.10. The company has a market capitalization of $209.78 million, a price-to-earnings ratio of -3.24 and a beta of 2.76.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut shares of Hyliion from a "hold" rating to a "sell" rating in a report on Thursday.
Check Out Our Latest Report on Hyliion
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the stock. Cubist Systematic Strategies LLC purchased a new stake in Hyliion in the 1st quarter worth approximately $26,000. Xponance Inc. bought a new position in shares of Hyliion in the fourth quarter worth approximately $29,000. Cibc World Markets Corp purchased a new stake in shares of Hyliion in the fourth quarter worth $34,000. Aquatic Capital Management LLC purchased a new stake in shares of Hyliion in the fourth quarter worth $42,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Hyliion during the 4th quarter valued at $43,000. Institutional investors own 22.81% of the company's stock.
Hyliion Company Profile
(
Get Free Report)
Read More
Before you consider Hyliion, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hyliion wasn't on the list.
While Hyliion currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
