Hyliion Holdings Corp. (NYSE:HYLN – Get Free Report) insider Govindaraj Ramasamy bought 30,000 shares of Hyliion stock in a transaction dated Wednesday, September 11th. The stock was purchased at an average cost of $1.92 per share, with a total value of $57,600.00. Following the completion of the acquisition, the insider now directly owns 298,000 shares in the company, valued at approximately $572,160. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Hyliion Stock Up 5.6 %
Shares of Hyliion stock traded up $0.10 on Wednesday, hitting $1.87. The stock had a trading volume of 1,191,626 shares, compared to its average volume of 936,796. Hyliion Holdings Corp. has a 52-week low of $0.52 and a 52-week high of $2.61. The company’s 50 day moving average price is $1.96 and its 200 day moving average price is $1.69.
Hyliion (NYSE:HYLN – Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The company reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.02. Equities research analysts expect that Hyliion Holdings Corp. will post -0.29 earnings per share for the current year.
Institutional Trading of Hyliion
Analyst Ratings Changes
Separately, Northland Securities boosted their target price on Hyliion from $1.50 to $2.00 and gave the company a “market perform” rating in a report on Tuesday, August 13th.
Read Our Latest Report on HYLN
Hyliion Company Profile
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