WKHS shares closed 0.0% less than its previous 52 week low, giving the company a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past twelve month, and 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 Task
– Trading volume this week was 16.9% lower than the 20-day standard.
– Beta, an action of the stock’s volatility relative to the total market stands at 0.3.
Technical Indicators
– The Relative Stamina Index (RSI) on the stock was under 30, suggesting it might be underbought.
– MACD, a trend-following energy sign, indicates a descending fad.
– The stock shut over its Bollinger band, showing it may be overbought.
Market Comparative Efficiency
– 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 business’s share rate is the same as the Dow Jones Industrial Standard, delays it on a 1-year basis, and also lags it on a 5-year basis
– The company share price coincides as the performance of its peers in the Industrials industry field, delays it on a 1-year basis, and also delays it on a 5 year basis
Per Group Relative Efficiency
– The company’s stock cost performance year-to-date delays the peer typical by -254.1%.
– The company’s stock price performance over the past one year lags the peer typical by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York State Common Retirement Fund.
New York State Common Retired life Fund decreased its position in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the business in its newest Type 13F declaring with the Stocks as well as Exchange Payment. The institutional financier possessed 75,563 shares of the company’s stock after selling 31,122 shares during the duration. New York City 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 lately changed their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% throughout the 2nd quarter. BlackRock Inc. now owns 8,681,728 shares of the firm’s stock worth $144,030,000 after purchasing an additional 1,229,762 shares in the last quarter. Vanguard Group Inc. grew its risk in shares of Workhorse Group by 4.2% during the 2nd quarter. Vanguard Group Inc. now has 5,514,304 shares of the company’s stock worth $91,483,000 after buying an extra 223,161 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Workhorse Group by 76.7% during the second quarter.
First Trust Advisors LP now has 3,468,016 shares of the company’s stock worth $57,534,000 after buying an extra 1,505,563 shares in the last quarter. State Road Corp expanded its stake in shares of Workhorse Group by 30.4% during the 2nd quarter. State Road Corp now possesses 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 second quarter. Geode Capital Management LLC currently owns 2,076,971 shares of the firm’s stock worth $34,456,000 after purchasing an additional 364,726 shares in the last quarter. Hedge funds and also other institutional investors have 35.21% of the firm’s stock.
Several equities experts have released reports on WKHS shares. Cowen reduced their price purpose on shares of Workhorse Group from $8.50 to $7.50 as well as established a “market execute” ranking for the firm in a study note on Wednesday, September 22nd. DA Davidson reduced their rate objective on shares of Workhorse Group from $10.00 to $7.50 and also set a “neutral” rating for the firm in a research study note on Thursday, September 23rd. Lastly, Zacks Investment Research downgraded shares of Workhorse Group from a “acquire” ranking to a “hold” ranking in a research note on Thursday, November 11th. 6 assets experts have rated the stock with a hold rating as well as one has actually appointed a buy score to the company. Based on information from MarketBeat, Workhorse Group presently has an ordinary rating of “Hold” as well as 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 also 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 as well as a beta of 2.48. The firm has a 50-day simple relocating average of $5.21 and a 200-day straightforward moving standard of $7.65. The business has a debt-to-equity ratio of 0.18, a fast proportion of 1.52 and also a current ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its profits results on Tuesday, November 9th. The company reported ($ 0.77) incomes 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 an internet margin of 1,095.71%. Business had profits of ($ 0.58) million for the quarter, compared to expert price quotes of $1.03 million. During the same quarter last year, the company uploaded ($ 0.78) EPS. Equities research experts anticipate that Workhorse Group Inc. will certainly upload -2.13 EPS for the current year.
Workhorse Group Business Profile.
Workhorse Group, Inc is a technology firm, which takes part in the stipulation of lasting options to the industrial transportation industry. It operates as an original tools maker, which develops and also develops battery-electric vehicles including trucks and airplane. The firm also creates all-electric delivery van and drone systems.