WKHS stocks shut 0.0% less than its previous 52 week low, giving the firm a market cap of $570M. The stock is presently down 16.1% year-to-date, down 84.3% over the past year, and also down 30.9% over the past five years. Today, the Dow Jones Industrial Average fell 0.5%, and also the S&P 500 dropped 0.2%.
Trading Activity
– Trading quantity this week 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.
Technical Indicators
– The Family Member Stamina Index (RSI) on the stock was under 30, showing it may be underbought.
– MACD, a trend-following energy sign, suggests a downward trend.
– The stock closed above its Bollinger band, showing it may be overbought.
Market Comparative Performance
– The business’s share rate is the same as the S&P 500 Index, lags it on a 1-year basis, as well as lags it on a 5-year basis
– The firm’s share price is the same as the Dow Jones Industrial Average, lags it on a 1-year basis, as well as lags it on a 5-year basis
– The firm share cost coincides as the efficiency of its peers in the Industrials market market, delays it on a 1-year basis, and also lags it on a 5 year basis
Per Group Comparative Performance
– The business’s stock rate efficiency year-to-date lags the peer average by -254.1%.
– The company’s stock rate efficiency over the past one year lags the peer typical by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Marketed by New York City 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 3rd quarter, according to the business in its newest Type 13F filing with the Stocks as well as Exchange Commission. The institutional investor possessed 75,563 shares of the company’s stock after marketing 31,122 shares throughout the duration. New York State Common Retired Life Fund had 0.06% of Workhorse Group worth $578,000 at the end of one of the most recent quarter.
Numerous various other hedge funds have actually additionally just recently customized their holdings of the stock. BlackRock Inc. expanded its risk in shares of Workhorse Group by 16.5% throughout the second quarter. BlackRock Inc. currently owns 8,681,728 shares of the business’s stock worth $144,030,000 after acquiring an extra 1,229,762 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Workhorse Group by 4.2% during the 2nd quarter. Vanguard Group Inc. currently owns 5,514,304 shares of the company’s stock worth $91,483,000 after purchasing an extra 223,161 shares in the last quarter. First Trust Advisors LP expanded its risk in shares of Workhorse Group by 76.7% during the 2nd quarter.
First Trust Advisors LP now owns 3,468,016 shares of the business’s stock worth $57,534,000 after purchasing an extra 1,505,563 shares in the last quarter. State Road Corp expanded its risk in shares of Workhorse Group by 30.4% during the 2nd quarter. State Street Corp currently owns 3,064,706 shares of the firm’s stock worth $50,843,000 after acquiring an added 714,188 shares in the last quarter. Ultimately, Geode Capital Monitoring LLC grew its stake in shares of Workhorse Group by 21.3% during the 2nd quarter. Geode Capital Management LLC now has 2,076,971 shares of the business’s stock worth $34,456,000 after acquiring an extra 364,726 shares in the last quarter. Hedge funds and various other institutional investors own 35.21% of the company’s stock.
A number of equities analysts have provided records on WKHS shares. Cowen decreased their rate purpose on shares of Workhorse Group from $8.50 to $7.50 and established a “market carry out” score for the business in a research note on Wednesday, September 22nd. DA Davidson decreased their cost objective on shares of Workhorse Group from $10.00 to $7.50 and also set a “neutral” score for the company in a study note on Thursday, September 23rd. Lastly, Zacks Financial investment Research devalued shares of Workhorse Group from a “get” rating to a “hold” ranking in a research note on Thursday, November 11th. 6 assets analysts have rated the stock with a hold ranking as well as one has appointed a buy ranking to the firm. Based upon information from MarketBeat, Workhorse Group presently has an ordinary score of “Hold” and also an agreement target cost 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 and a fifty-two week high of $42.96. The company has a market capitalization of $570.91 million, a price-to-earnings ratio of 3.45 and also a beta of 2.48. The company has a 50-day basic moving average of $5.21 as well as a 200-day simple relocating standard of $7.65. The company has a debt-to-equity proportion of 0.18, a fast ratio of 1.52 and also an existing ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last introduced its incomes outcomes on Tuesday, November 9th. The company reported ($ 0.77) profits per share for the quarter, missing the consensus quote of ($ 0.19) by ($ 0.58). Workhorse Group had an adverse return on equity of 84.79% and a net margin of 1,095.71%. The business had profits of ($ 0.58) million for the quarter, compared to analyst estimates of $1.03 million. During the very same quarter last year, the firm uploaded ($ 0.78) EPS. Equities study experts anticipate that Workhorse Group Inc. will publish -2.13 EPS for the present year.
Workhorse Group Company Account.
Workhorse Group, Inc is a modern technology firm, which engages in the arrangement of lasting solutions to the business transportation sector. It operates as an original tools maker, which develops as well as constructs battery-electric autos consisting of trucks and also airplane. The company also creates all-electric delivery van and also drone systems.
