Workhorse (WKHS) stocks closed 0.0% lower than its previous 52 week reduced, giving the company a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past year, and also 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 quantity this week was 16.9% lower than the 20-day standard.
– Beta, an action of the stock’s volatility relative to the overall market stands at 0.3.
– The Relative Stamina Index (RSI) on the stock was under 30, indicating it may be underbought.
– MACD, a trend-following energy indicator, indicates a down pattern.
– The stock shut above its Bollinger band, indicating it might be overbought.
Market Comparative Efficiency
– The business’s share cost is the same as the S&P 500 Index, lags it on a 1-year basis, as well as delays it on a 5-year basis
– The business’s share price coincides as the Dow Jones Industrial Average, delays it on a 1-year basis, as well as lags it on a 5-year basis
– The business share rate is the same as the efficiency of its peers in the Industrials market market, delays it on a 1-year basis, as well as delays it on a 5 year basis
Per Group Relative Efficiency
– The firm’s stock price performance year-to-date delays the peer typical by -254.1%.
– The firm’s stock rate efficiency over the past 12 months delays the peer ordinary by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Offered by New York State Common Retired Life Fund.
New York State Common Retired life Fund reduced its setting in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the business in its newest Kind 13F filing with the Securities and Exchange Payment. The institutional investor owned 75,563 shares of the company’s stock after offering 31,122 shares during the period. New York State Common Retired Life Fund possessed 0.06% of Workhorse Group worth $578,000 at the end of the most current quarter.
A number of various other hedge funds have actually additionally lately customized their holdings of the stock. BlackRock Inc. expanded its stake in shares of Workhorse Group by 16.5% during the 2nd quarter. BlackRock Inc. currently possesses 8,681,728 shares of the company’s stock worth $144,030,000 after acquiring an added 1,229,762 shares in the last quarter. Vanguard Group Inc. expanded its risk in shares of Workhorse Group by 4.2% throughout the second quarter. Vanguard Group Inc. currently possesses 5,514,304 shares of the firm’s stock worth $91,483,000 after buying 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 2nd quarter.
First Trust Advisors LP now owns 3,468,016 shares of the firm’s stock worth $57,534,000 after purchasing 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 second 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 expanded its risk in shares of Workhorse Group by 21.3% during the second quarter. Geode Capital Management LLC currently possesses 2,076,971 shares of the company’s stock worth $34,456,000 after acquiring an additional 364,726 shares in the last quarter. Hedge funds as well as various other institutional investors have 35.21% of the business’s stock.
A number of equities experts have actually released records on WKHS shares. Cowen decreased their cost goal on shares of Workhorse Group from $8.50 to $7.50 as well as set a “market do” rating for the business in a research note on Wednesday, September 22nd. DA Davidson lowered their cost purpose on shares of Workhorse Group from $10.00 to $7.50 and also established a “neutral” rating for the business in a research note on Thursday, September 23rd. Ultimately, Zacks Investment Research downgraded shares of Workhorse Group from a “purchase” ranking to a “hold” ranking in a study note on Thursday, November 11th. 6 financial investment experts have actually rated the stock with a hold ranking and also one has designated a buy ranking to the firm. Based upon information from MarketBeat, Workhorse Group presently has an average rating of “Hold” and also a consensus 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 and also a beta of 2.48. The company has a 50-day straightforward relocating standard of $5.21 and a 200-day basic relocating average of $7.65. The company has a debt-to-equity proportion of 0.18, a quick ratio of 1.52 and also a present proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its incomes outcomes on Tuesday, November 9th. The firm reported ($ 0.77) profits 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 also a net margin of 1,095.71%. The business had revenue of ($ 0.58) million for the quarter, compared to analyst estimates of $1.03 million. Throughout the very same quarter last year, the firm uploaded ($ 0.78) EPS. Equities study experts forecast that Workhorse Group Inc. will upload -2.13 EPS for the current year.
Workhorse Group Firm Profile.
Workhorse Group, Inc is a technology business, which engages in the arrangement of lasting options to the commercial transportation industry. It runs as an original equipment supplier, which designs and also constructs battery-electric autos including trucks and also airplane. The firm also creates all-electric delivery trucks as well as drone systems.