Workhorse (WKHS) stocks shut 0.0% lower than its previous 52 week reduced, offering the firm a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past year, as well as down 30.9% over the past 5 years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 0.2%.
– Trading quantity this week was 16.9% less than the 20-day standard.
– Beta, a procedure of the stock’s volatility about the general market stands at 0.3.
– The Loved One Toughness Index (RSI) on the stock was under 30, indicating it may be underbought.
– MACD, a trend-following momentum sign, indicates a descending fad.
– The stock shut above its Bollinger band, suggesting it might be overbought.
Market Relative Performance
– The business’s share cost coincides as the S&P 500 Index, lags it on a 1-year basis, and also lags it on a 5-year basis
– The firm’s share cost coincides as the Dow Jones Industrial Standard, lags it on a 1-year basis, and also lags it on a 5-year basis
– The firm share price is the same as the efficiency 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 Comparative Performance
– The business’s stock cost performance year-to-date lags the peer typical by -254.1%.
– The business’s stock cost efficiency over the past one year lags the peer ordinary by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York City State Common Retirement Fund.
New York City State Common Retired life Fund reduced its position in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the company in its most recent Type 13F filing with the Stocks and Exchange Commission. The institutional financier owned 75,563 shares of the company’s stock after selling 31,122 shares throughout the duration. New York State Common Retired Life Fund possessed 0.06% of Workhorse Group worth $578,000 at the end of one of the most current quarter.
Several other hedge funds have actually also lately 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 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. expanded its stake in shares of Workhorse Group by 4.2% throughout the second quarter. Vanguard Group Inc. now possesses 5,514,304 shares of the business’s stock worth $91,483,000 after buying an extra 223,161 shares in the last quarter. First Trust Advisors LP expanded its risk in shares of Workhorse Group by 76.7% throughout the 2nd quarter.
First Trust Advisors LP now has 3,468,016 shares of the business’s stock worth $57,534,000 after purchasing an additional 1,505,563 shares in the last quarter. State Street Corp grew its risk in shares of Workhorse Group by 30.4% during the second quarter. State Street Corp now has 3,064,706 shares of the business’s stock worth $50,843,000 after purchasing an extra 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 second quarter. Geode Capital Management LLC now owns 2,076,971 shares of the company’s stock worth $34,456,000 after acquiring an added 364,726 shares in the last quarter. Hedge funds as well as other institutional capitalists possess 35.21% of the business’s stock.
Numerous equities experts have released records on WKHS shares. Cowen reduced their cost purpose on shares of Workhorse Group from $8.50 to $7.50 and also set a “market perform” ranking for the company in a research note on Wednesday, September 22nd. DA Davidson decreased their price objective on shares of Workhorse Group from $10.00 to $7.50 and set a “neutral” rating for the business in a research note on Thursday, September 23rd. Finally, Zacks Investment Research reduced shares of Workhorse Group from a “get” rating to a “hold” rating in a research study note on Thursday, November 11th. 6 assets experts have actually ranked the stock with a hold ranking and also one has actually designated a buy ranking to the business. Based upon information from MarketBeat, Workhorse Group presently has a typical score of “Hold” and a consensus 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 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 easy moving standard of $5.21 as well as a 200-day basic moving standard of $7.65. The business has a debt-to-equity ratio of 0.18, a fast ratio of 1.52 as well as an existing ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its incomes outcomes on Tuesday, November 9th. The firm reported ($ 0.77) incomes per share for the quarter, missing out on the agreement estimate of ($ 0.19) by ($ 0.58). Workhorse Group had an unfavorable return on equity of 84.79% as well as a net margin of 1,095.71%. Business had income of ($ 0.58) million for the quarter, compared to expert estimates of $1.03 million. Throughout the exact same quarter last year, the business published ($ 0.78) EPS. Equities research experts anticipate that Workhorse Group Inc. will upload -2.13 EPS for the present year.
Workhorse Group Firm Profile.
Workhorse Group, Inc is an innovation firm, which participates in the provision of sustainable remedies to the commercial transport sector. It operates as an initial devices supplier, which develops and constructs battery-electric automobiles consisting of trucks and airplane. The company also creates all-electric delivery trucks and also drone systems.