Workhorse Group Inc (WKHS) shares shut 0.0% less than its previous 52 week low, providing the firm a market cap of $570M. The stock is presently down 16.1% year-to-date, down 84.3% over the past 12 months, as well as down 30.9% over the past 5 years. Today, the Dow Jones Industrial Average fell 0.5%, as well as the S&P 500 dropped 0.2%.
– Trading volume this week was 16.9% less than the 20-day average.
– Beta, a measure of the stock’s volatility about the general market stands at 0.3.
– The Relative Stamina Index (RSI) on the stock was under 30, showing it may be underbought.
– MACD, a trend-following momentum sign, shows a downward pattern.
– The stock closed over its Bollinger band, suggesting it may be overbought.
Market Relative Performance
– The firm’s share cost is the same as the S&P 500 Index, delays it on a 1-year basis, and lags it on a 5-year basis
– The company’s share cost is the same as the Dow Jones Industrial Average, lags it on a 1-year basis, and also lags it on a 5-year basis
– The company share price coincides as the performance of its peers in the Industrials industry field, lags it on a 1-year basis, and also delays it on a 5 year basis
Per Group Comparative Efficiency
– The firm’s stock price efficiency year-to-date delays the peer ordinary by -254.1%.
– The firm’s stock rate efficiency over the past one year lags the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Marketed 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 company in its latest Kind 13F declaring with the Stocks as well as Exchange Compensation. The institutional investor had 75,563 shares of the firm’s stock after marketing 31,122 shares during the duration. New York State Common Retirement Fund had 0.06% of Workhorse Group worth $578,000 at the end of the most current quarter.
Several other hedge funds have actually additionally recently modified their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% during the second quarter. BlackRock Inc. now possesses 8,681,728 shares of the business’s stock worth $144,030,000 after purchasing an added 1,229,762 shares in the last quarter. Vanguard Group Inc. expanded 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 buying an extra 223,161 shares in the last quarter. First Trust Advisors LP expanded its risk in shares of Workhorse Group by 76.7% during the second quarter.
First Trust Advisors LP now has 3,468,016 shares of the business’s stock worth $57,534,000 after buying an added 1,505,563 shares in the last quarter. State Street Corp expanded its risk in shares of Workhorse Group by 30.4% during the 2nd quarter. State Road Corp currently 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 grew its stake in shares of Workhorse Group by 21.3% throughout the second quarter. Geode Capital Management LLC now has 2,076,971 shares of the business’s stock worth $34,456,000 after acquiring an added 364,726 shares in the last quarter. Hedge funds and other institutional capitalists possess 35.21% of the firm’s stock.
Numerous equities analysts have actually released reports on WKHS shares. Cowen lowered their rate goal on shares of Workhorse Group from $8.50 to $7.50 and established a “market perform” ranking for the business in a study note on Wednesday, September 22nd. DA Davidson decreased their rate purpose on shares of Workhorse Group from $10.00 to $7.50 and also set a “neutral” ranking for the business in a study note on Thursday, September 23rd. Finally, Zacks Financial investment Research downgraded shares of Workhorse Group from a “get” ranking to a “hold” rating in a study note on Thursday, November 11th. 6 investment experts have ranked the stock with a hold score as well as one has designated a buy rating to the firm. Based upon data from MarketBeat, Workhorse Group currently has an ordinary ranking 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 proportion of 3.45 and a beta of 2.48. The company has a 50-day basic moving standard of $5.21 and a 200-day simple relocating standard of $7.65. The business has a debt-to-equity ratio of 0.18, a fast proportion of 1.52 and also a current ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last revealed its profits outcomes on Tuesday, November 9th. The company reported ($ 0.77) earnings per share for the quarter, missing the consensus price quote 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, compared to analyst estimates of $1.03 million. Throughout the exact same quarter in 2014, the business published ($ 0.78) EPS. Equities study experts anticipate that Workhorse Group Inc. will post -2.13 EPS for the existing year.
Workhorse Group Business Profile.
Workhorse Group, Inc is a technology company, which participates in the stipulation of sustainable options to the business transport market. It runs as an initial tools maker, which creates as well as constructs battery-electric autos consisting of vehicles and also aircraft. The firm likewise creates all-electric delivery trucks and drone systems.