Workhorse Group Inc (WKHS) shares shut 0.0% lower than its previous 52 week low, providing the company a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past 12 months, as well as down 30.9% over the past 5 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 average.
– Beta, a procedure of the stock’s volatility about the total market stands at 0.3.
– The Loved One Strength Index (RSI) on the stock was under 30, suggesting it might be underbought.
– MACD, a trend-following momentum sign, suggests a descending fad.
– The stock closed over its Bollinger band, showing it might be overbought.
Market Relative Performance
– The business’s share cost coincides as the S&P 500 Index, delays it on a 1-year basis, and delays it on a 5-year basis
– The company’s share cost coincides as the Dow Jones Industrial Standard, lags it on a 1-year basis, as well as lags it on a 5-year basis
– The firm share cost is the same as the efficiency of its peers in the Industrials market sector, delays it on a 1-year basis, and delays it on a 5 year basis
Per Group Comparative Performance
– The company’s stock cost efficiency year-to-date delays the peer average by -254.1%.
– The firm’s stock rate performance over the past one year delays the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York State Common Retired Life Fund.
New York City State Common Retirement Fund decreased its setting in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the firm in its most recent Type 13F filing with the Securities and Exchange Payment. The institutional capitalist possessed 75,563 shares of the company’s stock after offering 31,122 shares during the duration. New York 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 additionally recently customized their holdings of the stock. BlackRock Inc. grew its stake in shares of Workhorse Group by 16.5% throughout the 2nd quarter. BlackRock Inc. currently owns 8,681,728 shares of the business’s stock worth $144,030,000 after buying an added 1,229,762 shares in the last quarter. Vanguard Group Inc. grew its risk in shares of Workhorse Group by 4.2% during the second quarter. Vanguard Group Inc. currently owns 5,514,304 shares of the firm’s stock worth $91,483,000 after purchasing an added 223,161 shares in the last quarter. First Trust Advisors LP grew its risk in shares of Workhorse Group by 76.7% throughout the second quarter.
First Trust Advisors LP now has 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 Street Corp grew its stake in shares of Workhorse Group by 30.4% throughout the 2nd quarter. State Street Corp now has 3,064,706 shares of the business’s stock worth $50,843,000 after buying an added 714,188 shares in the last quarter. Lastly, Geode Capital Monitoring LLC expanded its stake in shares of Workhorse Group by 21.3% throughout the 2nd quarter. Geode Capital Management LLC now owns 2,076,971 shares of the company’s stock worth $34,456,000 after purchasing an additional 364,726 shares in the last quarter. Hedge funds and also other institutional investors possess 35.21% of the company’s stock.
Several equities experts have provided records on WKHS shares. Cowen reduced their price goal on shares of Workhorse Group from $8.50 to $7.50 and set a “market do” ranking for the business in a study note on Wednesday, September 22nd. DA Davidson lowered their price purpose on shares of Workhorse Group from $10.00 to $7.50 and also set a “neutral” score for the company in a research study note on Thursday, September 23rd. Finally, Zacks Financial investment Research study devalued shares of Workhorse Group from a “buy” score to a “hold” score in a research note on Thursday, November 11th. Six financial investment analysts have rated the stock with a hold rating and also one has appointed a buy rating to the company. Based on information from MarketBeat, Workhorse Group currently has an ordinary ranking of “Hold” as well as an agreement target price of $9.00.
Shares of WKHS opened 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 simple relocating standard of $5.21 and a 200-day basic moving average of $7.65. The firm has a debt-to-equity proportion of 0.18, a quick ratio of 1.52 and a current ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last introduced its earnings outcomes on Tuesday, November 9th. The firm reported ($ 0.77) earnings per share for the quarter, missing out on the consensus estimate of ($ 0.19) by ($ 0.58). Workhorse Group had a negative return on equity of 84.79% and an internet margin of 1,095.71%. The business had income of ($ 0.58) million for the quarter, contrasted to expert quotes of $1.03 million. During the very same quarter last year, the firm posted ($ 0.78) EPS. Equities study experts forecast that Workhorse Group Inc. will upload -2.13 EPS for the current year.
Workhorse Group Business Profile.
Workhorse Group, Inc is a technology firm, which engages in the arrangement of lasting solutions to the industrial transportation market. It operates as an original equipment manufacturer, which develops and builds battery-electric autos consisting of trucks and also aircraft. The firm additionally produces all-electric delivery trucks as well as drone systems.