Heliogen (NYSE:HLGN) Trading Down 5.1% – What’s Next?

Heliogen, Inc. (NYSE:HLGN) shares fell 5.1% on Monday . The company traded as low as $0.72 and last traded at $0.93. 3,205 shares were traded during trading, a decline of 65% from the average session volume of 9,035 shares. The stock had previously closed at $0.98.

Heliogen Trading Down 5.1 %

The business’s 50 day moving average is $0.88 and its two-hundred day moving average is $1.30. The company has a market cap of $5.69 million, a PE ratio of -0.04 and a beta of 2.71.

Heliogen Company Profile

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.