Workhorse Group Inc (WKHS) shares shut 0.0% less than its previous 52 week low, offering the company 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. Today, the Dow Jones Industrial Average dropped 0.5%, and also the S&P 500 fell 0.2%.
– Trading volume this week was 16.9% lower than the 20-day average.
– Beta, a procedure of the stock’s volatility about the overall market stands at 0.3.
– The Family Member Stamina Index (RSI) on the stock was under 30, showing it might be underbought.
– MACD, a trend-following energy indication, indicates a descending fad.
– The stock shut over its Bollinger band, indicating it might be overbought.
Market Comparative Efficiency
– The company’s share cost is the same as the S&P 500 Index, delays it on a 1-year basis, and also lags it on a 5-year basis
– The company’s share rate coincides as the Dow Jones Industrial Average, delays it on a 1-year basis, and delays it on a 5-year basis
– The company share rate coincides as the performance of its peers in the Industrials market field, lags it on a 1-year basis, and also lags it on a 5 year basis
Per Group Comparative Performance
– The company’s stock price performance year-to-date delays the peer ordinary by -254.1%.
– The firm’s stock rate performance over the past year delays the peer typical 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 reduced its placement in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the business in its latest Form 13F filing with the Securities and also Exchange Payment. The institutional capitalist had 75,563 shares of the company’s stock after selling 31,122 shares during the period. New York State Common Retirement Fund had 0.06% of Workhorse Group worth $578,000 at the end of one of the most recent quarter.
A number of other hedge funds have additionally just recently modified 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 business’s stock worth $144,030,000 after buying 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 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 grew its risk in shares of Workhorse Group by 76.7% during the 2nd quarter.
First Trust Advisors LP currently owns 3,468,016 shares of the company’s stock worth $57,534,000 after acquiring an added 1,505,563 shares in the last quarter. State Street Corp grew its stake in shares of Workhorse Group by 30.4% throughout the 2nd quarter. State Road Corp now possesses 3,064,706 shares of the company’s stock worth $50,843,000 after buying an extra 714,188 shares in the last quarter. Finally, Geode Capital Monitoring LLC expanded its stake in shares of Workhorse Group by 21.3% throughout the 2nd quarter. Geode Capital Management LLC now owns 2,076,971 shares of the company’s stock worth $34,456,000 after purchasing an additional 364,726 shares in the last quarter. Hedge funds as well as other institutional investors have 35.21% of the company’s stock.
Numerous equities analysts have actually released records on WKHS shares. Cowen lowered their price objective on shares of Workhorse Group from $8.50 to $7.50 and also established a “market carry out” score for the firm in a research note on Wednesday, September 22nd. DA Davidson decreased their rate objective on shares of Workhorse Group from $10.00 to $7.50 as well as established a “neutral” score for the firm in a research note on Thursday, September 23rd. Ultimately, Zacks Investment Study reduced shares of Workhorse Group from a “buy” score to a “hold” rating in a research study note on Thursday, November 11th. Six assets experts have ranked the stock with a hold ranking as well as one has actually assigned a buy ranking to the firm. Based upon data from MarketBeat, Workhorse Group presently has an ordinary score of “Hold” and a consensus 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 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 also a beta of 2.48. The firm has a 50-day straightforward moving average of $5.21 and a 200-day easy moving standard of $7.65. The company has a debt-to-equity ratio of 0.18, a fast proportion of 1.52 and also a present proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last revealed its incomes outcomes on Tuesday, November 9th. The firm reported ($ 0.77) incomes per share for the quarter, missing the consensus estimate of ($ 0.19) by ($ 0.58). Workhorse Group had an unfavorable return on equity of 84.79% as well as a web margin of 1,095.71%. Business had profits of ($ 0.58) million for the quarter, compared to expert estimates of $1.03 million. Throughout the exact same quarter last year, the firm posted ($ 0.78) EPS. Equities research analysts anticipate that Workhorse Group Inc. will post -2.13 EPS for the present year.
Workhorse Group Company Profile.
Workhorse Group, Inc is an innovation company, which participates in the arrangement of lasting solutions to the commercial transportation market. It runs as an initial devices producer, which makes and builds battery-electric vehicles consisting of vehicles and airplane. The company also develops all-electric delivery van and also drone systems.