WKHS stocks shut 0.0% lower than its previous 52 week low, providing the business a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past year, and down 30.9% over the past five years. This week, the Dow Jones Industrial Average dropped 0.5%, and also the S&P 500 fell 0.2%.
– Trading volume this week was 16.9% less than the 20-day standard.
– Beta, an action of the stock’s volatility relative to the general market stands at 0.3.
– The Family Member Stamina Index (RSI) on the stock was under 30, indicating it might be underbought.
– MACD, a trend-following momentum indication, indicates a down trend.
– The stock shut above its Bollinger band, suggesting it might be overbought.
Market Comparative Efficiency
– The firm’s share rate is the same as the S&P 500 Index, delays it on a 1-year basis, and also delays it on a 5-year basis
– The business’s share cost is the same as the Dow Jones Industrial Average, lags it on a 1-year basis, as well as delays it on a 5-year basis
– The company share cost coincides as the efficiency of its peers in the Industrials market field, lags it on a 1-year basis, and delays it on a 5 year basis
Per Group Relative Efficiency
– The company’s stock rate performance year-to-date lags the peer ordinary by -254.1%.
– The company’s stock price performance over the past 12 months delays the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Offered by New York State Common Retired Life Fund.
New York State Common Retired life Fund decreased its setting in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the firm in its newest Kind 13F declaring with the Securities and also Exchange Commission. The institutional investor possessed 75,563 shares of the business’s stock after marketing 31,122 shares throughout the period. New York State Common Retired Life Fund possessed 0.06% of Workhorse Group worth $578,000 at the end of one of the most recent quarter.
A number of various other hedge funds have actually additionally recently customized their holdings of the stock. BlackRock Inc. grew its stake in shares of Workhorse Group by 16.5% during the 2nd quarter. BlackRock Inc. currently has 8,681,728 shares of the firm’s stock worth $144,030,000 after purchasing an extra 1,229,762 shares in the last quarter. Vanguard Group Inc. expanded its risk in shares of Workhorse Group by 4.2% throughout the 2nd quarter. Vanguard Group Inc. now possesses 5,514,304 shares of the company’s stock worth $91,483,000 after acquiring an added 223,161 shares in the last quarter. First Trust Advisors LP grew its risk in shares of Workhorse Group by 76.7% during the second quarter.
First Trust Advisors LP currently owns 3,468,016 shares of the firm’s stock worth $57,534,000 after purchasing an extra 1,505,563 shares in the last quarter. State Road Corp grew its risk in shares of Workhorse Group by 30.4% throughout the 2nd quarter. State Street Corp now owns 3,064,706 shares of the business’s stock worth $50,843,000 after purchasing an additional 714,188 shares in the last quarter. Ultimately, Geode Capital Management LLC expanded its stake in shares of Workhorse Group by 21.3% during the 2nd quarter. Geode Capital Management LLC currently has 2,076,971 shares of the business’s stock worth $34,456,000 after acquiring an added 364,726 shares in the last quarter. Hedge funds and other institutional financiers possess 35.21% of the business’s stock.
Numerous equities analysts have actually issued reports on WKHS shares. Cowen reduced their rate objective on shares of Workhorse Group from $8.50 to $7.50 and set a “market carry out” rating for the company in a study note on Wednesday, September 22nd. DA Davidson decreased their rate goal on shares of Workhorse Group from $10.00 to $7.50 and set a “neutral” rating for the company in a study note on Thursday, September 23rd. Lastly, Zacks Financial investment Study reduced shares of Workhorse Group from a “purchase” rating to a “hold” score in a research note on Thursday, November 11th. Six assets analysts have ranked the stock with a hold ranking as well as one has actually designated a buy score to the firm. Based on data from MarketBeat, Workhorse Group currently has an average rating of “Hold” and also an agreement target price 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 firm has a market capitalization of $570.91 million, a price-to-earnings proportion of 3.45 and also a beta of 2.48. The firm has a 50-day basic relocating average of $5.21 as well as a 200-day straightforward moving average of $7.65. The business has a debt-to-equity proportion of 0.18, a fast ratio of 1.52 and also a present ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last revealed its incomes outcomes on Tuesday, November 9th. The business reported ($ 0.77) revenues per share for the quarter, missing out on the agreement estimate of ($ 0.19) by ($ 0.58). Workhorse Group had an adverse return on equity of 84.79% and also a web margin of 1,095.71%. The business had profits of ($ 0.58) million for the quarter, contrasted to expert quotes of $1.03 million. Throughout the very same quarter last year, the firm uploaded ($ 0.78) EPS. Equities study experts forecast that Workhorse Group Inc. will certainly publish -2.13 EPS for the existing year.
Workhorse Group Firm Profile.
Workhorse Group, Inc is a technology business, which engages in the provision of lasting remedies to the business transportation industry. It runs as an initial tools supplier, which develops and also develops battery-electric automobiles including vehicles and airplane. The firm likewise develops all-electric delivery van as well as drone systems.