Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Hold rating on Heliogen (HLGN – Research Report) today and set a price target of $0.65. The company’s shares closed yesterday at $0.64.
According to TipRanks, Sorbara is a 5-star analyst with an average return of 10.0% and a 44.27% success rate. Sorbara covers the Utilities sector, focusing on stocks such as Diamondback, Ovintiv, and Matador Resources.
Heliogen has an analyst consensus of Hold, with a price target consensus of $0.65.
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The company has a one-year high of $6.74 and a one-year low of $0.46. Currently, Heliogen has an average volume of 1.85M.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HLGN in relation to earlier this year. Most recently, in December 2022, Lambert Andrew Alan, the Chf. Mfg. & Sply. Chain Ofc. of HLGN bought 33,555.00 shares for a total of $10,066.50.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Athena Technology Acquisition Corp is a newly organized blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
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