Heliogen (NYSE:HLGN) Shares Down 1.3% – Time to Sell?

Heliogen, Inc. (NYSE:HLGNGet Free Report)’s share price traded down 1.3% on Monday . The stock traded as low as $1.32 and last traded at $1.51. 12,324 shares traded hands during mid-day trading, an increase of 11% from the average session volume of 11,118 shares. The stock had previously closed at $1.53.

Heliogen Stock Down 3.7 %

The company has a market cap of $8.45 million, a price-to-earnings ratio of -0.07 and a beta of 2.87. The company has a fifty day simple moving average of $1.77 and a two-hundred day simple moving average of $2.01.

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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