shih-wei/E+ via Getty Images
Hyliion Holdings Corp. (NYSE:HYLN) rallied 17.8% in late morning trading on Thursday and carved out a new 52-week high of $3.48 along the way. Volume on the stock was above normal activity.
A little bit of insider buying action may have been a factor in the share price move higher. Late on Wednesday, the company disclosed in an SEC filing that board director Craig Jeffrey bought 50,000 shares at $2.95. Jeffrey holds a total of 282,060 shares.
Hyliion Holdings' (HYLN) projections for 2025 include growth of KARNO generator deliveries, with proceeds from sales and research and development services in the low double-digit millions of dollars. The Austin-based company is also targeting approximately break-even gross margins on a cash basis by late 2025 or early 2026, with cash spending to grow modestly compared to 2024.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。