WKHS stocks shut 0.0% lower than its previous 52 week low, providing the business a market cap of $570M. The stock is presently 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 dropped 0.5%, and the S&P 500 dropped 0.2%.
– Trading quantity today was 16.9% lower than the 20-day average.
– Beta, a measure of the stock’s volatility relative to the total 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 indication, shows a downward trend.
– The stock closed over its Bollinger band, showing it may be overbought.
Market Relative Performance
– The company’s share rate coincides as the S&P 500 Index, lags it on a 1-year basis, and lags it on a 5-year basis
– The firm’s share cost coincides as the Dow Jones Industrial Average, lags it on a 1-year basis, and also delays it on a 5-year basis
– The firm share price coincides as the efficiency of its peers in the Industrials market field, delays it on a 1-year basis, as well as lags it on a 5 year basis
Per Group Comparative Efficiency
– The business’s stock cost efficiency year-to-date delays the peer average by -254.1%.
– The firm’s stock cost performance over the past one year delays the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York City State Common Retirement Fund.
New York State Common Retired life Fund decreased its position in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the business in its most recent Kind 13F declaring with the Stocks as well as Exchange Commission. The institutional financier had 75,563 shares of the firm’s stock after offering 31,122 shares during the duration. New York State Common Retirement Fund possessed 0.06% of Workhorse Group worth $578,000 at the end of one of the most recent quarter.
Several various other hedge funds have additionally just recently customized their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% during the 2nd quarter. BlackRock Inc. now possesses 8,681,728 shares of the company’s stock worth $144,030,000 after purchasing an additional 1,229,762 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Workhorse Group by 4.2% throughout the 2nd quarter. Vanguard Group Inc. now has 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 expanded its stake in shares of Workhorse Group by 76.7% throughout the second quarter.
First Trust Advisors LP now owns 3,468,016 shares of the business’s stock worth $57,534,000 after purchasing an added 1,505,563 shares in the last quarter. State Street Corp grew its stake in shares of Workhorse Group by 30.4% during the second quarter. State Street Corp now has 3,064,706 shares of the firm’s stock worth $50,843,000 after acquiring an extra 714,188 shares in the last quarter. Ultimately, Geode Capital Management LLC grew its stake in shares of Workhorse Group by 21.3% throughout the 2nd quarter. Geode Capital Management LLC now has 2,076,971 shares of the business’s stock worth $34,456,000 after purchasing an additional 364,726 shares in the last quarter. Hedge funds as well as other institutional financiers own 35.21% of the firm’s stock.
Numerous equities experts have issued reports on WKHS shares. Cowen lowered their price objective on shares of Workhorse Group from $8.50 to $7.50 and also established a “market do” rating for the firm in a research study note on Wednesday, September 22nd. DA Davidson reduced their price goal on shares of Workhorse Group from $10.00 to $7.50 as well as set a “neutral” ranking for the company in a study note on Thursday, September 23rd. Finally, Zacks Financial investment Study devalued shares of Workhorse Group from a “buy” ranking to a “hold” ranking in a study note on Thursday, November 11th. 6 investment analysts have actually rated the stock with a hold ranking as well as one has designated a buy ranking to the company. Based on information from MarketBeat, Workhorse Group presently has an ordinary rating of “Hold” as well as a consensus target rate of $9.00.
Shares of WKHS opened 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 company has a market capitalization of $570.91 million, a price-to-earnings ratio of 3.45 and a beta of 2.48. The company has a 50-day easy moving standard of $5.21 and a 200-day easy relocating average of $7.65. The company has a debt-to-equity ratio of 0.18, a fast proportion of 1.52 and a current ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last introduced its profits outcomes on Tuesday, November 9th. The firm reported ($ 0.77) earnings per share for the quarter, missing out on the consensus estimate of ($ 0.19) by ($ 0.58). Workhorse Group had an unfavorable return on equity of 84.79% and also a web margin of 1,095.71%. Business had revenue of ($ 0.58) million for the quarter, contrasted to expert quotes of $1.03 million. Throughout the very same quarter in 2015, the business published ($ 0.78) EPS. Equities study experts anticipate that Workhorse Group Inc. will certainly upload -2.13 EPS for the current year.
Workhorse Group Firm Profile.
Workhorse Group, Inc is an innovation firm, which participates in the arrangement of sustainable options to the business transport industry. It runs as an original equipment maker, which creates as well as builds battery-electric autos including vehicles and also aircraft. The company also develops all-electric delivery van and drone systems.