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How to Buy Hyzon Motors Stock

Hyzon Motors Inc

Hyzon Motors Inc. , a hydrogen mobility company, provides decarbonized solutions for commercial vehicles market and hydrogen supply infrastructure.

Hyzon Motors stock last closed at $0.60, down 0.5% from the previous day, and has decreased 57.05% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.27 percentage points. Hyzon Motors stock is currently +32.67% from its 52-week low of $0.45, and -72.49% from its 52-week high of $2.17.

As of Feb 23, 2024, there are 245M HYZN shares outstanding. The market cap of HYZN is $146.27M. In the past 24 hours, 468,559 HYZN shares were traded.

How to Buy Hyzon Motors Stock

Not sure how to invest in Hyzon Motors stock? Here's how.
  1. Choose where to buy Hyzon Motors stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Hyzon Motors stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Pick your method of payment and add your details.
  4. Evaluate Hyzon Motors stock: The Hyzon Motors ticker symbol is HYZN. Is Hyzon Motors stock a good investment? Should you buy shares of HYZN? How do HYZN's underlying business fundamentals look? Do top analysts think Hyzon Motors is a good buy? Why has HYZN's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if HYZN is a good stock to buy).
  5. Make your HYZN purchase: Decide if you will purchase HYZN shares at the current market price or use a limit order to purchase HYZN stock at a specific price.
  6. Keep tabs on your investment in HYZN: Create a watchlist to key updates about your investment in Hyzon Motors shares.

Step 1: Choose where to buy Hyzon Motors stock

You will need a brokerage account in order to access the NASDAQ market and buy HYZN shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal information so you can buy HYZN stock today.

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Step 3: Put funds into your brokerage account

Now that you've created your account on apps for stock market, your next step is to transfer the money for your investment:

Check out the walkthrough below for more details transferring funds into your new investment account.

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Step 4: Evaluate Hyzon Motors stock

Once you have selected the best place to buy Hyzon Motors stock, it's very important to research their stock before you buy, so you actually wrap your head around the risk and opportunity.

Hyzon Motors Numbers

HYZN Price
$0.60
1w %
-12.59%
1y %
-57.05%
5y %
N/A
P/E
-0.83x
P/B
0.82x
P/S
199x
PEG
N/A
Revenue
$787.00k
Earnings
-$177.42M
Fore. Rev. Growth
2,644.6%
Fore. Earn. Growth
N/A
Market Cap
$146.27M
Next Earnings
Mar 21, 2024
Next Dividend
N/A

Hyzon Motors Fundamentals

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.

You can view all of the due diligence checks on HYZN's stock page.

What is the fair value of HYZN stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge HYZN's true value.

Using relative valuations ratios:

  • HYZN could be undervalued based on its P/B ratio of 0.82x, relative to Auto Manufacturers industry P/B ratio of 2.3x

You can access additional valuation research on HYZN's stock here.

HYZN Financial Health Summary

Signs that HYZN is financially healthy:

  • There are more short-term assets than long-term liabilities on the HYZN balance sheet.
  • There are more short-term assets than short-term liabilities on the HYZN balance sheet.
  • HYZN has a low debt to equity ratio of 0.38.

Signs that HYZN is not financially healthy:

  • HYZN has cash burn of 153715000. It does not have sufficient cash and short-term investments to cover this.
  • HYZN profit margin has gone down from -668.3% to -22,543.5% in the past year.
  • HYZN has $137.81M in cash and short term investments. This is not sufficient to cover its annual cash burn of $153.72M.

You can dive deeper into what analysts are saying on the Hyzon Motors stock forecast page.

HYZN Technical Indicators

SMA10
0.67
SMA20
0.71
SMA50
0.75
SMA100
0.89
SMA200
0.99
MACD
-0.03
MACD Signal
-0.02
MACD Histogram
-0.01
RSI
32.81
Stochastic %K
13.28
Stochastic %D
15.25
StochRSI %K
0
StochRSI %D
0.57

How is HYZN performing as a company?

Last year, HYZN revenue was $787.00k. During the last 2 year, HYZN's revenue has gone up by 197.37% per year. This was faster than the Auto Manufacturers industry average of 72.7%.

You can analyze HYZN's earnings and revenue performance here.

What are HYZN executives and large shareholders up to?

Over the past year, executives and large shareholders at HYZN have sold more shares than they have bought.

John R. Zavoli, GC Chief Legal Officer of HYZN, was the latest HYZN insider to sell. They sold $4,253.04 worth of HYZN shares on Feb 17, 2024.

Learn more about who owns HYZN stock here.

Can I rely on HYZN as an income stream?

No, Hyzon Motors doesn't provide an income stream by paying out dividends.

What do other traders have to say about HYZN?

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your HYZN purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given price limit, place a limit order.

Hit the Open button and your broker will execute your order.

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Step 6: Keep tabs on your investment in HYZN

Now that you own some HYZN shares, you'll want to stay up-to-date on your new shares.

Create a watchlist to get notified of important updates regarding your HYZN stock.

HYZN Feed

How to Buy Stock in Hyzon Motors

To summarize, here are the 6 steps to buy Hyzon Motors stock:

  1. Choose where to buy Hyzon Motors stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Hyzon Motors stock
  5. Make your HYZN purchase
  6. Keep tabs on your investment in HYZN

If you need a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your new investment in Hyzon Motors, click the button below.

NASDAQ: HYZN
$0.60-0.00 (-0.5%)
Updated Feb 23, 2024
Open eToro Account
NASDAQ: HYZN
$0.60-0.00 (-0.5%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Hyzon Motors share?

As of Feb 23, 2024, it costs $0.60 to buy one share of Hyzon Motors stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.3, you can buy 0.5 shares of HYZN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Hyzon Motors stock?

One way to place an order for Hyzon Motors stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.