Workhorse Group Inc (WKHS) shares shut 0.0% lower than its previous 52 week low, giving the firm 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 fell 0.5%, as well as the S&P 500 dropped 0.2%.
– Trading volume today 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 Strength Index (RSI) on the stock was under 30, showing it might be underbought.
– MACD, a trend-following energy sign, shows a descending trend.
– The stock closed over its Bollinger band, showing it might be overbought.
Market Comparative Efficiency
– The business’s share rate is the same as the S&P 500 Index, lags it on a 1-year basis, and also lags 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, and also delays it on a 5-year basis
– The firm share rate coincides as the performance of its peers in the Industrials market field, delays 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 average by -254.1%.
– The business’s stock rate efficiency over the past 12 months delays the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Marketed by New York City State Common Retirement Fund.
New York City State Common Retirement Fund reduced its position in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the business in its latest Kind 13F filing with the Securities and also Exchange Compensation. The institutional capitalist owned 75,563 shares of the business’s stock after offering 31,122 shares throughout the duration. New York City State Common Retired Life Fund owned 0.06% of Workhorse Group worth $578,000 at the end of one of the most current quarter.
Several other hedge funds have also lately changed their holdings of the stock. BlackRock Inc. grew its stake in shares of Workhorse Group by 16.5% throughout the second quarter. BlackRock Inc. currently has 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 second quarter. Vanguard Group Inc. now owns 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 expanded its risk in shares of Workhorse Group by 76.7% during the 2nd quarter.
First Trust Advisors LP now has 3,468,016 shares of the firm’s stock worth $57,534,000 after buying an added 1,505,563 shares in the last quarter. State Street Corp expanded its stake in shares of Workhorse Group by 30.4% throughout the second quarter. State Road Corp currently owns 3,064,706 shares of the company’s stock worth $50,843,000 after purchasing an added 714,188 shares in the last quarter. Finally, Geode Capital Administration LLC grew its risk in shares of Workhorse Group by 21.3% during the 2nd quarter. Geode Capital Management LLC currently possesses 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.
A number of equities experts have actually provided records on WKHS shares. Cowen lowered their price purpose on shares of Workhorse Group from $8.50 to $7.50 as well as set a “market do” ranking for the company 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 firm in a research note on Thursday, September 23rd. Finally, Zacks Investment Study reduced shares of Workhorse Group from a “buy” rating to a “hold” score in a research study note on Thursday, November 11th. Six investment analysts have ranked the stock with a hold score as well as one has actually assigned a buy rating to the company. Based on information from MarketBeat, Workhorse Group currently has an ordinary ranking of “Hold” and a consensus target rate 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 proportion of 3.45 and also a beta of 2.48. The company has a 50-day basic moving average of $5.21 as well as a 200-day basic moving standard of $7.65. The company has a debt-to-equity proportion of 0.18, a fast proportion of 1.52 and a present proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last revealed its profits outcomes on Tuesday, November 9th. The firm reported ($ 0.77) earnings per share for the quarter, missing out on the consensus price quote 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%. The business had earnings of ($ 0.58) million for the quarter, contrasted to expert quotes of $1.03 million. Throughout the exact same quarter last year, the company posted ($ 0.78) EPS. Equities research study experts anticipate that Workhorse Group Inc. will upload -2.13 EPS for the present year.
Workhorse Group Company Account.
Workhorse Group, Inc is a technology business, which takes part in the provision of lasting options to the commercial transportation industry. It operates as an initial tools producer, which develops and also builds battery-electric cars including trucks and aircraft. The firm likewise produces all-electric delivery van and drone systems.