Heliogen (NYSE:HLGN) Shares Up 1% – Here’s Why

Heliogen, Inc. (NYSE:HLGNGet Free Report) was up 1% during mid-day trading on Tuesday . The company traded as high as $0.98 and last traded at $0.98. Approximately 4,297 shares were traded during trading, a decline of 68% from the average daily volume of 13,395 shares. The stock had previously closed at $0.97.

Heliogen Stock Up 1.0 %

The business’s 50-day moving average is $1.69 and its 200-day moving average is $1.85. The company has a market capitalization of $5.90 million, a price-to-earnings ratio of -0.05 and a beta of 2.80.

Heliogen (NYSE:HLGNGet Free Report) last issued its earnings results on Friday, November 8th. The company reported ($1.94) EPS for the quarter. The firm had revenue of $1.05 million during the quarter.

About Heliogen

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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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