Hyliion Holdings Corp. is a publicly-traded company with the symbol HYLN. As of 3 February 2023, its market capitalization was 659,550,380 USD. Market capitalization is calculated by multiplying the total number of shares outstanding by the current share price.
The stocks of Hyliion Holdings Corp. have seen a great deal of volatility over the past year. On 1 February 2022, its market cap was 657,753,240 USD and on 2 February 2023 it had risen to 672,130,360 USD. This represents an increase of 14.42% over the period from 1 February 2022 to 2 February 2023 and an increase of 0.32% from 2 February 2023 to 3 February 2023 when it closed at its current market cap of 659,550,380 USD.
Hyliion Holdings Corp.’s price average for the 50 days prior to 3 February 2023 was 2.892 USD which is 22% less than its current share price of 3.57 USD suggesting that demand for shares has been increasing in recent weeks or months. For comparison, the 200 day price average was 3.2119 which suggests that shares are currently trading at an 11% premium compared to their long-term average price since August 2020 when viewed over this longer term timescale.
From these figures we can conclude that the financial position and outlook for Hyliion Holdings Corp., as indicated by their share performance in recent weeks and months and their overall market capitalization relative to their 200 day average price and other factors, has seen some improvement recently but remains somewhat volatile and uncertain as evidenced by their relatively low market capitalization compared to their 52 week high and low figures which are respectively 473 million USD (4 Feb 2021) and 206 million USD (18 May 2020).
