Heliogen (NYSE:HLGN) Stock Price Up 1% – Still a Buy?

Heliogen, Inc. (NYSE:HLGNGet Free Report) traded up 1% on Friday . The company traded as high as $2.00 and last traded at $1.95. 4,913 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 10,305 shares. The stock had previously closed at $1.93.

Heliogen Trading Up 1.0 %

The firm has a fifty day moving average of $1.67 and a two-hundred day moving average of $2.03. The company has a market capitalization of $11.80 million, a PE ratio of -0.09 and a beta of 2.89.

Heliogen Company Profile

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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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