Hyzon Motors Inc. (NASDAQ:HYZN – Get Rating) shares traded up 7.1% during trading on Monday . The company traded as high as $2.12 and last traded at $2.11. 220,344 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 727,982 shares. The stock had previously closed at $1.97.
Hyzon Motors Trading Up 6.1 %
The company has a market capitalization of $518.29 million, a P/E ratio of -17.67 and a beta of 2.06. The stock has a 50 day moving average price of $1.69 and a 200 day moving average price of $2.10.
Get Hyzon Motors alerts:Insider Activity
In other news, major shareholder Fuel Cell Technologies Horizon sold 3,769,592 shares of the stock in a transaction on Tuesday, December 27th. The stock was sold at an average price of $1.71, for a total value of $6,446,002.32. Following the completion of the transaction, the insider now directly owns 151,869,414 shares in the company, valued at approximately $259,696,697.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.60% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. Legal & General Group Plc raised its position in Hyzon Motors by 42.3% during the 2nd quarter. Legal & General Group Plc now owns 6,008,135 shares of the company's stock worth $17,664,000 after purchasing an additional 1,787,394 shares during the last quarter. Long Focus Capital Management LLC grew its holdings in Hyzon Motors by 198.0% during the 3rd quarter. Long Focus Capital Management LLC now owns 4,470,534 shares of the company's stock worth $7,600,000 after acquiring an additional 2,970,534 shares during the period. Vanguard Group Inc. grew its holdings in Hyzon Motors by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 4,122,212 shares of the company's stock worth $7,007,000 after acquiring an additional 25,002 shares during the period. SG Americas Securities LLC grew its holdings in Hyzon Motors by 158.3% during the 3rd quarter. SG Americas Securities LLC now owns 2,536,011 shares of the company's stock worth $4,311,000 after acquiring an additional 1,554,133 shares during the period. Finally, State Street Corp grew its holdings in Hyzon Motors by 1.5% during the 3rd quarter. State Street Corp now owns 1,957,799 shares of the company's stock worth $3,328,000 after acquiring an additional 28,947 shares during the period. 18.97% of the stock is owned by institutional investors.Hyzon Motors Company Profile
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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.
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