Workhorse Group Inc. (NASDAQ: WKHS) stocks shut 0.0% lower than its previous 52 week low, offering the company a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past one year, and down 30.9% over the past five years. This week, the Dow Jones Industrial Average dropped 0.5%, as well as the S&P 500 fell 0.2%.
– Trading quantity this week was 16.9% lower than the 20-day average.
– Beta, a measure of the stock’s volatility about the total market stands at 0.3.
– The Family Member Toughness Index (RSI) on the stock was under 30, suggesting it may be underbought.
– MACD, a trend-following momentum indication, suggests a down trend.
– The stock shut above its Bollinger band, indicating it might be overbought.
Market Comparative Efficiency
– The firm’s share rate is the same as the S&P 500 Index, lags it on a 1-year basis, and also delays it on a 5-year basis
– The firm’s share price coincides as the Dow Jones Industrial Average, lags it on a 1-year basis, as well as delays it on a 5-year basis
– The firm share price is the same as the efficiency of its peers in the Industrials market sector, lags it on a 1-year basis, and also delays it on a 5 year basis
Per Group Comparative Efficiency
– The firm’s stock cost performance year-to-date delays the peer average by -254.1%.
– The business’s stock cost efficiency over the past one year lags the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Marketed by New York City State Common Retired Life Fund.
New York State Common Retirement 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 latest Type 13F filing with the Securities as well as Exchange Commission. The institutional financier possessed 75,563 shares of the company’s stock after marketing 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 current quarter.
Several various other hedge funds have likewise recently modified their holdings of the stock. BlackRock Inc. expanded its stake in shares of Workhorse Group by 16.5% throughout the second quarter. BlackRock Inc. currently 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. expanded its stake in shares of Workhorse Group by 4.2% throughout the second quarter. Vanguard Group Inc. currently possesses 5,514,304 shares of the company’s stock worth $91,483,000 after purchasing an additional 223,161 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Workhorse Group by 76.7% throughout the 2nd quarter.
First Trust Advisors LP now has 3,468,016 shares of the firm’s stock worth $57,534,000 after acquiring an additional 1,505,563 shares in the last quarter. State Street Corp expanded its stake in shares of Workhorse Group by 30.4% during the 2nd quarter. State Road Corp now owns 3,064,706 shares of the company’s stock worth $50,843,000 after acquiring an added 714,188 shares in the last quarter. Lastly, Geode Capital Administration 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 firm’s stock worth $34,456,000 after purchasing an extra 364,726 shares in the last quarter. Hedge funds as well as various other institutional investors possess 35.21% of the firm’s stock.
Numerous equities experts have released reports on WKHS shares. Cowen decreased their cost objective on shares of Workhorse Group from $8.50 to $7.50 as well as established a “market do” score for the business in a study note on Wednesday, September 22nd. DA Davidson decreased their cost purpose on shares of Workhorse Group from $10.00 to $7.50 and also set a “neutral” ranking for the company in a research study note on Thursday, September 23rd. Lastly, Zacks Investment Research downgraded shares of Workhorse Group from a “buy” rating to a “hold” rating in a study note on Thursday, November 11th. 6 assets analysts have actually rated the stock with a hold score and one has actually designated a buy rating to the business. Based on data from MarketBeat, Workhorse Group presently has an average rating of “Hold” and 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 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 a beta of 2.48. The firm has a 50-day basic moving average of $5.21 and also a 200-day basic moving average of $7.65. The business has a debt-to-equity proportion of 0.18, a fast ratio of 1.52 as well as an existing proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its earnings results on Tuesday, November 9th. The business reported ($ 0.77) profits per share for the quarter, missing the consensus estimate of ($ 0.19) by ($ 0.58). Workhorse Group had a negative return on equity of 84.79% and a web margin of 1,095.71%. The business had profits of ($ 0.58) million for the quarter, contrasted to analyst quotes of $1.03 million. Throughout the same quarter last year, the firm posted ($ 0.78) EPS. Equities research study analysts anticipate that Workhorse Group Inc. will publish -2.13 EPS for the existing year.
Workhorse Group Business Account.
Workhorse Group, Inc is a modern technology company, which takes part in the provision of lasting solutions to the industrial transportation sector. It runs as an initial equipment producer, which creates and builds battery-electric automobiles including vehicles and also aircraft. The company additionally develops all-electric delivery van as well as drone systems.