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 $0.59, down 2.64% from the previous day, and has decreased 25.32% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.43 percentage points. Hyzon Motors stock is currently +31.11% from its 52-week low of $0.45, and -72.81% from its 52-week high of $2.17.
As of Apr 25, 2024, there are 245.15M HYZN shares outstanding. The market cap of HYZN is $144.64M. In the past 24 hours, 449,990 HYZN shares were traded.
How to Buy Hyzon Motors Stock
Not sure how to invest in Hyzon Motors stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your method of payment and add your details.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
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Open eToro AccountStep 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.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
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.
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
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 1.11x, relative to Auto Manufacturers industry P/B ratio of 2.13x
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.
- Total HYZN debt is lower than 5 years ago, relative to shareholder equity.
Signs that HYZN is not financially healthy:
- HYZN has a relatively high debt to equity ratio of 0.47.
- HYZN profit margin has gone down from -863.8% to -62,387.1% in the past year.
- HYZN has cash burn of 143226000. It does not have sufficient cash and short-term investments to cover this.
- HYZN has $112.28M in cash and short term investments. This is not sufficient to cover its annual cash burn of $143.23M.
Do analysts think it's a good time to buy HYZN stock
Out of 1 Equities analysts who give ratings on HYZN, the consensus analyst rating on Hyzon Motors is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Hyzon Motors stock forecast page.
HYZN Trading Indicators
How are HYZN Revenues/Earnings doing?
Last year, HYZN revenue was $295.00k. During the past one years, HYZN's revenue has gone up by -92.08% per year. This was slower than the Auto Manufacturers industry average of 35.7%.
You can research HYZN's earnings and revenue performance here.
What are HYZN insiders up to?
Over the last 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 stock on Feb 17, 2024.
Learn more about who owns HYZN shares here.
Can I rely on HYZN as an income stream?
No, Hyzon Motors doesn't provide an income stream by paying out dividends.
HYZN Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your HYZN purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open button and eToro will execute your order.
If you require more info about investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your investment in HYZN
Now that you own some shares in HYZN, you'll want to stay up-to-date on your investment.
Put HYZN on a watchlist to track your HYZN stock.
HYZN Feed
How to Buy Stock in Hyzon Motors
To summarize, here are the 6 steps to buy Hyzon Motors stock:
- Choose where to buy Hyzon Motors stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Hyzon Motors stock
- Make your HYZN purchase
- Keep tabs on your investment in HYZN
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your new investment in Hyzon Motors, hit the button below to create your watchlist.
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