Do Analysts Expect Hyliion Holdings Corp (HYLN) Stock to Rise After It Has Gained 3.39% in a Month?

InvestorsObserver is giving Hyliion Holdings Corp (HYLN) an Analyst Rating Rank of 0, meaning HYLN is ranked higher by analysts than 0% of stocks. The average price target for HYLN is $1.75 and analyst’s rate the stock as a Sell.

Wall Street analysts are rating HYLN a Sell today. Find out what this means to you and get the rest of the rankings on HYLN!

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Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Hyliion Holdings Corp Stock Today?

Hyliion Holdings Corp (HYLN) stock is trading at $0.61 as of 1:56 PM on Friday, Dec 1, a rise of $0.04, or 6.91% from the previous closing price of $0.57. The stock has traded between $0.58 and $0.61 so far today. Volume today is 1,338,945 compared to average volume of 1,374,797. Click Here to get the full Stock Report for Hyliion Holdings Corp stock.