WKHS shares closed 0.0% lower than its previous 52 week low, providing the firm a market cap of $570M. The stock is presently down 16.1% year-to-date, down 84.3% over the past twelve month, and also down 30.9% over the past 5 years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 0.2%.
– Trading quantity today was 16.9% lower than the 20-day average.
– Beta, a procedure of the stock’s volatility about the total market stands at 0.3.
– The Family Member Stamina Index (RSI) on the stock was under 30, suggesting it may be underbought.
– MACD, a trend-following momentum sign, indicates a down fad.
– The stock closed over its Bollinger band, indicating it might be overbought.
Market Relative Efficiency
– The company’s share price coincides as the S&P 500 Index, delays it on a 1-year basis, and lags it on a 5-year basis
– The company’s share price coincides as the Dow Jones Industrial Average, delays it on a 1-year basis, and also delays it on a 5-year basis
– The business share cost is the same as the performance of its peers in the Industrials market field, lags it on a 1-year basis, as well as delays it on a 5 year basis
Per Group Comparative Efficiency
– The business’s stock price efficiency year-to-date delays the peer typical by -254.1%.
– The business’s stock cost performance over the past 12 months delays the peer typical by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York State Common Retired Life Fund.
New York City State Common Retired life Fund lowered its placement in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the company in its latest Type 13F filing with the Securities and also Exchange Commission. The institutional investor had 75,563 shares of the company’s stock after offering 31,122 shares throughout the duration. New York City State Common Retired Life Fund possessed 0.06% of Workhorse Group worth $578,000 at the end of the most recent quarter.
A number of other hedge funds have actually additionally just recently changed their holdings of the stock. BlackRock Inc. grew its stake in shares of Workhorse Group by 16.5% during the second quarter. BlackRock Inc. currently has 8,681,728 shares of the firm’s stock worth $144,030,000 after acquiring an added 1,229,762 shares in the last quarter. Vanguard Group Inc. expanded its stake in shares of Workhorse Group by 4.2% during the second quarter. Vanguard Group Inc. currently possesses 5,514,304 shares of the company’s stock worth $91,483,000 after buying an additional 223,161 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Workhorse Group by 76.7% throughout the 2nd quarter.
First Trust Advisors LP currently possesses 3,468,016 shares of the business’s stock worth $57,534,000 after purchasing an added 1,505,563 shares in the last quarter. State Road Corp expanded its risk in shares of Workhorse Group by 30.4% during the second quarter. State Street Corp now owns 3,064,706 shares of the company’s stock worth $50,843,000 after acquiring an extra 714,188 shares in the last quarter. Ultimately, Geode Capital Administration LLC expanded its risk in shares of Workhorse Group by 21.3% during the second quarter. Geode Capital Management LLC currently possesses 2,076,971 shares of the business’s stock worth $34,456,000 after buying an additional 364,726 shares in the last quarter. Hedge funds and also various other institutional capitalists possess 35.21% of the business’s stock.
Several equities analysts have released records on WKHS shares. Cowen lowered their price purpose on shares of Workhorse Group from $8.50 to $7.50 and established a “market carry out” score for the firm in a research note on Wednesday, September 22nd. DA Davidson reduced their price goal on shares of Workhorse Group from $10.00 to $7.50 and also set a “neutral” rating for the company in a research note on Thursday, September 23rd. Finally, Zacks Financial investment Study reduced shares of Workhorse Group from a “buy” rating to a “hold” rating in a study note on Thursday, November 11th. 6 investment experts have rated the stock with a hold rating as well as one has assigned a buy ranking to the company. Based on data from MarketBeat, Workhorse Group presently has an average rating of “Hold” and also an agreement target rate of $9.00.
Shares of WKHS opened up at $3.66 on Wednesday. Workhorse Group Inc. has a fifty-two week low of $3.65 as well as a fifty-two week high of $42.96. The company has a market capitalization of $570.91 million, a price-to-earnings proportion of 3.45 and also a beta of 2.48. The company has a 50-day basic relocating average of $5.21 as well as a 200-day simple moving average of $7.65. The business has a debt-to-equity ratio of 0.18, a quick proportion of 1.52 and a present ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last revealed its earnings results on Tuesday, November 9th. The business reported ($ 0.77) incomes per share for the quarter, missing out on the consensus quote of ($ 0.19) by ($ 0.58). Workhorse Group had an unfavorable return on equity of 84.79% as well as a net margin of 1,095.71%. Business had earnings of ($ 0.58) million for the quarter, contrasted to expert estimates of $1.03 million. During the very same quarter last year, the business posted ($ 0.78) EPS. Equities study analysts anticipate that Workhorse Group Inc. will certainly upload -2.13 EPS for the current year.
Workhorse Group Company Account.
Workhorse Group, Inc is a technology business, which participates in the arrangement of sustainable options to the commercial transport industry. It runs as an original equipment producer, which develops and builds battery-electric vehicles including trucks as well as airplane. The firm likewise produces all-electric delivery trucks and drone systems.