WKHS stocks closed 0.0% less than its previous 52 week low, providing the business 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 5 years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 dropped 0.2%.
Trading Activity
– Trading quantity this week was 16.9% lower than the 20-day standard.
– Beta, a measure of the stock’s volatility relative to the total market stands at 0.3.
Technical Indicators
– The Relative Strength Index (RSI) on the stock was under 30, suggesting it may be underbought.
– MACD, a trend-following momentum indication, shows a descending fad.
– The stock shut over its Bollinger band, indicating it might be overbought.
Market Comparative Efficiency
– The business’s share rate is the same as the S&P 500 Index, delays it on a 1-year basis, as well as lags it on a 5-year basis
– The business’s share price coincides as the Dow Jones Industrial Standard, lags it on a 1-year basis, and delays it on a 5-year basis
– The company share cost coincides as the performance of its peers in the Industrials market field, delays it on a 1-year basis, and lags it on a 5 year basis
Per Group Relative Performance
– The business’s stock cost performance year-to-date delays the peer ordinary by -254.1%.
– The business’s stock cost performance over the past 12 months lags the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Offered by New York City State Common Retired Life Fund.
New York State Common Retired life Fund reduced its placement in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the company in its newest Kind 13F filing with the Securities as well as Exchange Payment. The institutional investor owned 75,563 shares of the firm’s stock after offering 31,122 shares throughout the period. New York State Common Retired Life Fund owned 0.06% of Workhorse Group worth $578,000 at the end of one of the most recent quarter.
Numerous various other hedge funds have also lately modified their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% throughout the second quarter. BlackRock Inc. currently owns 8,681,728 shares of the company’s stock worth $144,030,000 after purchasing an extra 1,229,762 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Workhorse Group by 4.2% during the 2nd quarter. Vanguard Group Inc. currently owns 5,514,304 shares of the company’s stock worth $91,483,000 after acquiring an extra 223,161 shares in the last quarter. First Trust Advisors LP grew its risk in shares of Workhorse Group by 76.7% during the second quarter.
First Trust Advisors LP currently possesses 3,468,016 shares of the company’s stock worth $57,534,000 after buying an additional 1,505,563 shares in the last quarter. State Road Corp grew its risk in shares of Workhorse Group by 30.4% during the 2nd quarter. State Street Corp currently possesses 3,064,706 shares of the firm’s stock worth $50,843,000 after acquiring an additional 714,188 shares in the last quarter. Lastly, Geode Capital Management LLC grew 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 acquiring an added 364,726 shares in the last quarter. Hedge funds as well as various other institutional financiers possess 35.21% of the business’s stock.
A number of equities analysts have released records on WKHS shares. Cowen decreased their price goal on shares of Workhorse Group from $8.50 to $7.50 as well as established a “market do” score for the firm in a research note on Wednesday, September 22nd. DA Davidson lowered their rate goal on shares of Workhorse Group from $10.00 to $7.50 and established a “neutral” rating for the company in a research study note on Thursday, September 23rd. Lastly, Zacks Financial investment Study devalued shares of Workhorse Group from a “acquire” ranking to a “hold” rating in a research note on Thursday, November 11th. Six investment analysts have actually rated the stock with a hold ranking and also one has actually appointed a buy score to the firm. Based on data from MarketBeat, Workhorse Group currently has an ordinary ranking of “Hold” and also an agreement 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 as well as a fifty-two week high of $42.96. The business 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 moving standard of $5.21 as well as a 200-day simple moving average of $7.65. The firm has a debt-to-equity ratio of 0.18, a fast proportion of 1.52 as well as an existing proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last revealed its earnings outcomes on Tuesday, November 9th. The business reported ($ 0.77) revenues per share for the quarter, missing out on the consensus quote 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 earnings of ($ 0.58) million for the quarter, contrasted to expert quotes of $1.03 million. Throughout the same quarter in 2014, the firm published ($ 0.78) EPS. Equities research experts forecast that Workhorse Group Inc. will certainly upload -2.13 EPS for the present year.
Workhorse Group Company Profile.
Workhorse Group, Inc is a modern technology business, which engages in the arrangement of lasting solutions to the business transportation sector. It operates as an original devices maker, which designs and develops battery-electric vehicles consisting of trucks as well as aircraft. The company additionally creates all-electric delivery van as well as drone systems.
