Workhorse (WKHS) stocks closed 0.0% less than its previous 52 week reduced, offering the business a market cap of $570M. The stock is presently down 16.1% year-to-date, down 84.3% over the past one year, and also down 30.9% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, as well as the S&P 500 fell 0.2%.
– Trading volume this week was 16.9% less than the 20-day standard.
– Beta, a measure of the stock’s volatility relative to the general market stands at 0.3.
– The Relative Toughness Index (RSI) on the stock was under 30, suggesting it may be underbought.
– MACD, a trend-following energy indication, shows a down trend.
– The stock shut over its Bollinger band, suggesting it might be overbought.
Market Comparative Efficiency
– The company’s share cost 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 firm’s share price coincides as the Dow Jones Industrial Standard, delays it on a 1-year basis, and also delays it on a 5-year basis
– The company share cost is the same as the efficiency of its peers in the Industrials industry sector, delays it on a 1-year basis, and delays it on a 5 year basis
Per Group Relative Performance
– The firm’s stock price performance year-to-date delays the peer ordinary by -254.1%.
– The business’s stock price performance over the past twelve month delays the peer typical by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Offered by New York City State Common Retired Life Fund.
New York State Common Retirement 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 Kind 13F declaring with the Securities and Exchange Compensation. The institutional investor possessed 75,563 shares of the firm’s stock after offering 31,122 shares throughout the duration. New York City State Common Retirement Fund possessed 0.06% of Workhorse Group worth $578,000 at the end of the most recent quarter.
Numerous other hedge funds have likewise lately modified their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% during the 2nd quarter. BlackRock Inc. now possesses 8,681,728 shares of the company’s stock worth $144,030,000 after acquiring an extra 1,229,762 shares in the last quarter. Vanguard Group Inc. expanded its stake in shares of Workhorse Group by 4.2% throughout the 2nd quarter. Vanguard Group Inc. currently possesses 5,514,304 shares of the firm’s stock worth $91,483,000 after buying an extra 223,161 shares in the last quarter. First Trust Advisors LP grew its risk in shares of Workhorse Group by 76.7% throughout the 2nd quarter.
First Trust Advisors LP now owns 3,468,016 shares of the firm’s stock worth $57,534,000 after acquiring an added 1,505,563 shares in the last quarter. State Road Corp expanded its risk in shares of Workhorse Group by 30.4% throughout the 2nd quarter. State Road Corp currently has 3,064,706 shares of the firm’s stock worth $50,843,000 after acquiring an additional 714,188 shares in the last quarter. Finally, Geode Capital Monitoring LLC expanded its stake in shares of Workhorse Group by 21.3% throughout the 2nd quarter. Geode Capital Management LLC currently owns 2,076,971 shares of the firm’s stock worth $34,456,000 after buying an added 364,726 shares in the last quarter. Hedge funds and other institutional capitalists possess 35.21% of the company’s stock.
Several equities analysts have released reports on WKHS shares. Cowen reduced their rate goal on shares of Workhorse Group from $8.50 to $7.50 as well as established a “market execute” rating for the business in a research note on Wednesday, September 22nd. DA Davidson reduced their cost goal on shares of Workhorse Group from $10.00 to $7.50 and also established a “neutral” ranking for the company in a research study note on Thursday, September 23rd. Finally, Zacks Investment Research reduced shares of Workhorse Group from a “get” ranking to a “hold” ranking in a study note on Thursday, November 11th. 6 investment experts have actually ranked the stock with a hold ranking and also one has assigned a buy ranking to the business. Based on data from MarketBeat, Workhorse Group currently has a typical rating of “Hold” and also a consensus 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 ratio of 3.45 and also a beta of 2.48. The company has a 50-day basic relocating average of $5.21 and also a 200-day simple moving average of $7.65. The company has a debt-to-equity ratio of 0.18, a fast proportion of 1.52 and a present ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last introduced its profits results on Tuesday, November 9th. The firm reported ($ 0.77) revenues per share for the quarter, missing out on the consensus quote of ($ 0.19) by ($ 0.58). Workhorse Group had an adverse return on equity of 84.79% and a web margin of 1,095.71%. The business had revenue of ($ 0.58) million for the quarter, contrasted to expert price quotes of $1.03 million. During the same quarter last year, the company published ($ 0.78) EPS. Equities study analysts anticipate that Workhorse Group Inc. will upload -2.13 EPS for the current year.
Workhorse Group Company Account.
Workhorse Group, Inc is an innovation company, which participates in the provision of lasting remedies to the industrial transport market. It operates as an original devices producer, which develops and also constructs battery-electric automobiles including vehicles as well as airplane. The firm likewise produces all-electric delivery trucks and also drone systems.