Hyzon Motors (HYZN) Set to Announce Quarterly Earnings on Monday

Hyzon Motors (NASDAQ:HYZN) is set to announce its earnings results after the market closes on Monday, May 13th. Analysts expect the company to announce earnings of ($0.17) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Hyzon Motors (NASDAQ:HYZN) last posted its earnings results on Friday, March 22nd. The company reported ($0.19) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.01. The company had revenue of $0.30 million for the quarter, compared to the consensus estimate of $0.20 million. On average, analysts expect Hyzon Motors to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Hyzon Motors Trading Up 1.7 %

Shares of NASDAQ:HYZN opened at $0.62 on Monday. The firm’s 50 day moving average price is $0.66 and its 200-day moving average price is $0.78. Hyzon Motors has a twelve month low of $0.45 and a twelve month high of $2.17.

Analyst Upgrades and Downgrades

HYZN has been the subject of a number of research analyst reports. Roth Mkm reaffirmed a “buy” rating and set a $1.60 price objective on shares of Hyzon Motors in a report on Monday, March 25th. Roth Capital reaffirmed a “buy” rating on shares of Hyzon Motors in a report on Wednesday, March 6th.

Insider Activity at Hyzon Motors

In related news, major shareholder Fuel Cell Technologies Horizon sold 4,000,000 shares of the firm’s stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $0.40, for a total value of $1,600,000.00. Following the completion of the transaction, the insider now directly owns 92,647,986 shares of the company’s stock, valued at $37,059,194.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 3.40% of the stock is currently owned by insiders.

Hyzon Motors Company Profile

Hyzon Motors Inc supplies hydrogen fuel cell systems for decarbonization applications in various industries. The company commercializes its proprietary fuel cell technology through assembling and upfitting heavy duty (HD) hydrogen fuel cell electric vehicles (FCEVs). It also focuses primarily on assembling and converting hydrogen-powered FCEVs; and building and fostering a clean hydrogen supply ecosystem with partners and third parties from feedstock through hydrogen production, dispensing, and financing.