Hyperion DeFi (NASDAQ:HYPD) Issues Earnings Results

Hyperion DeFi (NASDAQ:HYPD) released its quarterly earnings data on Friday. The company reported $1.23 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $0.81 million during the quarter. Hyperion DeFi had a net margin of 975.68% and a return on equity of 7.25%.

Hyperion DeFi Trading Down 5.1%

NASDAQ HYPD traded down $0.14 on Friday, reaching $2.58. The company had a trading volume of 200,494 shares, compared to its average volume of 222,491. The firm has a market cap of $40.09 million, a price-to-earnings ratio of -0.48 and a beta of 2.74. Hyperion DeFi has a fifty-two week low of $2.34 and a fifty-two week high of $5.34. The business has a 50 day moving average of $3.31 and a two-hundred day moving average of $3.33. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.34 and a quick ratio of 2.34.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Hyperion DeFi stock. R Squared Ltd purchased a new stake in Hyperion DeFi, Inc. (NASDAQ:HYPD) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 19,355 shares of the company’s stock, valued at approximately $72,000. R Squared Ltd owned about 0.12% of Hyperion DeFi at the end of the most recent quarter. Institutional investors and hedge funds own 25.84% of the company’s stock.

Wall Street Analysts Forecast Growth

HYPD has been the topic of a number of research analyst reports. Zacks Research upgraded shares of Hyperion DeFi from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 10th. Cantor Fitzgerald reiterated an “overweight” rating and set a $11.20 price target (up from $7.10) on shares of Hyperion DeFi in a report on Thursday, September 10th. Weiss Ratings upgraded Hyperion DeFi from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, September 1st. Finally, Chardan Capital raised their price objective on Hyperion DeFi from $7.30 to $8.45 and gave the company a “buy” rating in a report on Tuesday, September 8th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $9.82.

Hyperion DeFi Company Profile

Hyperion DeFi, Inc. is a digital asset treasury company focused on the Hyperliquid ecosystem. Its strategy centers on holding HYPE, the ecosystem’s native token, and pursuing related digital asset opportunities. The company was formerly known as Eyenovia, Inc., an ophthalmic technology business that developed products for eye care. Hyperion DeFi has since shifted its focus from ophthalmology to digital assets.