Hyliion Holdings Corporation’s recently made public that its Chief Commercial Officer RAMASAMY GOVINDARAJ acquired Company’s shares for reported $15000.0 on Jun 12 ’24. In the deal valued at $1.50 per share,10,000 shares were bought. As a result of this transaction, RAMASAMY GOVINDARAJ now holds 227,500 shares worth roughly $0.37 million.
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Then, KNIGHT ROBERT M JR bought 100,000 shares, generating $57,000 in total proceeds. Upon buying the shares at $0.57, the Director now owns 176,435 shares.
Before that, LANTZ CHERI bought 20,000 shares. Hyliion Holdings Corporation shares valued at $13,200 were divested by the Chief Strategy Officer at a price of $0.66 per share. As a result of the transaction, LANTZ CHERI now holds 281,373 shares, worth roughly $0.46 million.
Northland Capital downgraded its Hyliion Holdings Corporation [HYLN] rating to a Market perform from a an Outperform in a research note published on October 12, 2023; the price target was decreased to $1.50 from $2.80. A number of analysts have revised their coverage, including Northland Capital’s analysts, who began to cover the stock in late November with a ‘”an Outperform”‘ rating. Cantor Fitzgerald also remained covering HYLN and has decreased its forecast on August 11, 2022 with a “Neutral” recommendation from previously “an Overweight” rating. JP Morgan revised its rating on June 21, 2022. It rated HYLN as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of HYLN
On Friday, Hyliion Holdings Corporation [NYSE:HYLN] saw its stock fall -3.57% to $1.62. Over the last five days, the stock has gained 5.19%. Hyliion Holdings Corporation shares have risen nearly 99.09% since the year began. Nevertheless, the stocks have fallen -9.50% over the past one year. While a 52-week high of $2.29 was reached on 03/08/24, a 52-week low of $0.52 was recorded on 01/05/24. SMA at 50 days reached $1.4738, while 200 days put it at $1.1720. A total of 0.96 million shares were traded, compared to the trading of 0.53 million shares in the previous session.
Levels Of Support And Resistance For HYLN Stock
The 24-hour chart illustrates a support level at 1.5567, which if violated will result in even more drops to 1.4933. On the upside, there is a resistance level at 1.6867. A further resistance level may holdings at 1.7533. The Relative Strength Index (RSI) on the 14-day chart is 58.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1093, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 19.44%. Stochastics%K at 86.11% indicates the stock is a selling.
