Heliogen, Inc. (NYSE:HLGN – Get Free Report) fell 8.5% during mid-day trading on Wednesday . The stock traded as low as $1.20 and last traded at $1.29. 3,958 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 9,688 shares. The stock had previously closed at $1.41.
Heliogen Price Performance
The firm has a market capitalization of $7.75 million, a price-to-earnings ratio of -0.06 and a beta of 2.63. The firm has a 50 day moving average price of $1.62 and a 200-day moving average price of $2.02.
Heliogen (NYSE:HLGN – Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported ($2.51) EPS for the quarter. The company had revenue of $2.26 million during the quarter.
About Heliogen
Heliogen, Inc, together with its subsidiaries, develops and commercializes concentrated solar energy in the United States. It is developing a modular, AI-enabled, concentrated solar energy plant that will use an array of mirrors to reflect sunlight and capture, concentrate, store and convert it into cost-effective energy on demand.
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