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Van ECK Associates Corp acquires 106,697 Hyzon Motors Inc. shares (NASDAQ:HYZN)

Van ECK Associates Corp acquires 106,697 Hyzon Motors Inc. shares (NASDAQ:HYZN)

The most recent filing that Van ECK Associates Corp. made with the SEC reveals that during the third quarter, the company increased the percentage of Hyzon Motors Inc. (NASDAQ: HYZN) stock owned by 31.5%. As a result of the company’s purchase of an additional 106,697 shares of the company’s stock during the quarter, its total number of shares is now 444,934. At the end of the most recent fiscal quarter, Van ECK Associates Corp held 0.18% of Hyzon Motors’ total stock, which resulted in the firm’s holding an investment in the company that was worth a total of $756,000.

Several other institutional investors and hedge funds have been active in the market recently, purchasing and selling shares of the company’s stock. Wedbush Securities Inc. acquired a new position in Hyson Motors during the year’s second quarter. The total value of this new position was approximately $40,000. Pictet Asset Management SA shelled out forty thousand dollars during the second quarter to purchase an additional stake in Hyzon Motors. The forty thousand dollars invested in Hyzon Motors by Principal Financial Group Inc. came during the company’s second fiscal quarter. Swiss bank Zurcher Kantonalbank. During the second quarter, Zurich Cantonalbank provided Hyzon Motors with a contribution of 57 thousand dollars. Cibc World Market Inc. made a new investment in Hyzon Motors at the end of the first quarter, which set the company back a total of $142,000. Institutions hold 18.97% of the company’s stock in their portfolios.

When trading started on Tuesday, one share of HYZN stock could be purchased for $1.97. The stock’s beta value is 2.06, and its price-to-earnings ratio is -16.42, giving it a market capitalization of $488.36 million. In addition, the stock’s price-to-book ratio is 0.00. The company’s moving average over the previous 200 days is $2.13, and the moving average over the previous fifty days is $1.67. During the previous year, the stock price of Hyzon Motors Inc. ranged from a low of $1.37 to a high of $6.57 at various points.

On Tuesday, December 27, 2017, 3,769,592 shares of the company’s stock were sold by Fuel Cell Technologies Horizon, the company that held the largest stake in Hyzon Motors and was the subject of a related news story. A total of 6,446,002.32 dollars’ worth of the stock was traded for $1.71 per share, making the total amount transacted 6,446,002.32 dollars. You can learn more about the transaction by following the link, which will take you to a filing with the Securities and Exchange Commission. Following the completion of the transaction, the company insider now directly owns 151,869,414 shares of the company’s stock, which are worth $259,696,697.94. 6.60 company insiders own a percent of the total shares currently outstanding.

Hyzon Motors Inc., a company that specializes in hydrogen mobility and goes by the name Hyzon Motors Inc., has areas of expertise, including the provision of infrastructure for the supply of hydrogen and low-carbon solutions for the commercial vehicle industry. Both of these areas of expertise are held by Hyzon Motors Inc. In addition to building and fostering a clean hydrogen supply ecosystem with top partners, the company’s primary focus is on assembling and supplying hydrogen-powered FCEVs to commercial vehicle operators, such as heavy-duty (Class 8) trucks, medium-duty (Class 6) trucks, light-duty (Class 3 and 4) trucks, and 40 and 60-foot (12 and 18 meters) city and coach buses. These vehicles include heavy-duty (Class 8) trucks, medium-duty (Class 6) trucks, light-duty This encompasses

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