The best cyclical stock in town is the HLBZ because of its low price and good prospects for steady future yields. In this article you will know how to buy the stock, all you need to know about the stock and we also guide you through a-ten year HLBZ stock price forecast.
What is HLBZ Stock?
HLBZ Stock is the financial instrument of Helbiz Inc., a global frontline company providing micro-mobility services and raising money through the sale of shares. It is currently traded publicly in NASDAQ exchange under the ticker symbol ‘HLBZ’. The company was established in 2015 with headquarters in New York City, United States.
Helbiz offers an assorted fleet of automobiles including e-scooters, e-bicycles and e-mopeds in one user-friendly package in 35 cities around the world. Helbiz makes use of a customized, branded fleet management system and artificial intelligence to enhance operational effectiveness and commercial sustainability.
The company is fast spreading its innovative products and services to include live streaming services, food delivery and financial services and ensuring that these products/services are accessible through its mobile app.
In early 2021, Helbiz, Inc. announced a merger agreement with GreenVision Acquisition Corp. (NASDAQ: GRNV), which was concluded in August 2021.
Helbiz is a Nasdaq-listed public company under the new ticker symbol “HLBZ”. The combined company continues to operate under the current Helbiz management and $308m was the valuation sum at the kick-off time.
Is HLBZ a Good Investment?
Last week, shares traded near an all-time low of 45 cents. At the time of this writing, however, the stock is worth $1.65.
HLBZ is new and has growth positive signals in both the short and long terms.
A group 3 Penworld Analysts offering 12-month price forecasts for Helbiz Inc. have a median target of 5.00, with a high estimate of 8.00 and a low estimate of 3.00. The median estimate represents a +2,626.51% increase from the last price of 0.48.
The Wall Street analyst predicted that Helbiz’s share price could reach $13.00 by Nov 17, 2022. The average Helbiz stock price prediction forecasts a potential growth of 707.45% from the current HLBZ share price of $1.61.
Helbiz’s annual earnings growth rate is predicted to exceed the US Recreational Vehicles industry’s average forecast earnings growth rate of 32.61%. It is a good investment considering a number of positive signals of fundamentals.
Is HLBZ a Buy Now?
The signals show that HLBZ is a good buy-candidate. The growth potential and higher earnings point to a steady future growth.
Out of 10 of Penworld Gurus analyst, 5 (50%) are recommending HLBZ as a Strong Buy, 4 (4%) are recommending HLBZ as a Buy, 1 (10%) are recommending HLBZ as a Hold, 0 (0%) are recommending HLBZ as a Sell, and 0 (0%) are recommending HLBZ as a Strong Sell.
Is HLBZ Stock Undervalued?
The current HLBZ share price is $1.61. The Score for HLBZ is 54, which is 10% above its historic median score of 50, and infers lower risk than normal.
HLBZ is currently trading in the 50-60% percentile range relative to its historical Stock Score levels. The PE ratio is low compare to sector performance which means HLBZ stock is undervalued.
Will HLBZ Stock price Go Up?
Based on the share price being above its 5, 20 & 50 day exponential moving averages, there is expectation of a strongly bullish trend in the future and HLBZ will be experiencing slight buying pressure from retail investors and this will put the price on upward spiral.
How to Buy HLBZ Stock
To buy the HLBZ stock you must follow the steps below:
Step 1: Compare Trading Platforms
This will help you make a good choice of brokerage that suits your investment target. Use some comparison tables to help you find a platform that fits you.
Step 2: Open Your Brokerage Account.
This is your trading account to be opened with the brokerage firm. You must complete an application with your details and follow other procedures required by your broker.
Step 3: Confirm Your Payment Details.
You need to deposit sufficient money to your account so that you can trade. Ensure your payment detail is correct before you make such transfer using appropriate payment means.
Step 4: Research the Stock
Conduct a research online to locate the stock you want to buy. Find the stock by name or ticker symbol, in this case, HLBZ, and research it before deciding if it is a good investment for you now.
Step 5: Purchase Now or Later
Buy your preferred quantity of HLBZ stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 6: Check In On Your Investment.
Optimize your portfolio by tracking your stock regularly so as to know when your investment target is attained.
HLBZ Stock Price Prediction 2022, 2023-2033
This prediction used Moving Average (MA) model with historical price data with consideration of market fundamentals.
HLBZ Stock Price Prediction 2022
HLBZ price is estimated to peak at $4.54 by the end of 2022. The price will drop to as low as $2.33. Given that it is expected to be held for long-term, its average price is projected to $3.43.
HLBZ Stock Price Prediction 2023
The market shows a positive sign as some optimism that the stock will attract much more investors’ confidence.
The year 2023 is expected to end with a maximum price of $8.07 and a minimum price value of $5.38. The average price is projected at $6.72 given a stable market condition.
HLBZ Stock Price Prediction 2024
The stock’s prevailing price range will be attractive to investors and inspire aggressive investors to put money.
Experts predicted that HLBZ will attain $15.85 by the year 2024 with the minimum price value expected to hit $7.12. The average price of $11.48 is projected for the year.
HLBZ Stock Price Prediction 2025
Due to the prevailing market dynamics, HLBZ stock looks set to maintain its bullish state into the future.
In 2025, the price of HLBZ is expected to value a maximum of $18.67. The minimum price is expected to hit approximately $9.40 on a bullish target. The average price is estimated at $14.03.
HLBZ Stock Price Prediction 2026
A technical analysis by our stock experts shows that the price of HLBZ stock in 2026 is expected to attain $13.66 minimum and $24.01 maximum. The average expected trading cost is $18.83. There is high price volatility during the year.
HLBZ Stock Price Prediction 2027
Based on the aggregate point predictions of stock analysts, the estimated average price of HLBZ will be around $24.98. It is predicted to go up to a minimum of $19.74 and reaching a peak at $30.22.
HLBZ Stock Price Prediction 2028
By this year, experts are optimistic about high price. Minimum projection is $23.81 with the possible peak reaching $34.56.
On the average, it is expected that the price of HLBZ is around $29.18 in 2028. A huge price turnover is expected within the range defined by the stock market.
HLBZ Stock Price Prediction 2029
There is a more stable price through the year. It is assumed that in 2029 there will be $26.35 minimum price and $39.62 maximum price value. On the average, the trading price will be around $32.98 as the G HLBZ market looks bullish, all things being equal.
HLBZ Stock Price Prediction 2030
In 2030, analysts predict HLBZ stock maximum trading price to be $44.89 and the minimum price is projected to hit $30.67. All things being equal, the average price is estimated at $37.78.
HLBZ Stock Price Prediction 2031
Analysts consider HLBZ a very persuasive stock for both short and long terms investment. It is expected that by the end of 2031 the stock will trade between $36.62 and $50.06. On the average the HLBZ stock will trade at $43.34 in 2029.
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HLBZ Stock Price Prediction 2032
There is enough historical price-data at this time which enables our analysts to make more accurate prediction. The year 2032 is expected to see the maximum HLBZ stock price of $85.74 and a minimum of $55.98. The expected average trading price is around $70.86.
HLBZ Stock Price Prediction 2033
A combination of fundamental and technical analyses by our stock experts reveals that the price of HLBZ stock in 2033 is expected to attain $67.40 minimum and $101.36 maximum. The average expected trading cost of HLBZ is $84.38.