WKHS stocks shut 0.0% lower than its previous 52 week low, providing the business a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past year, as well as down 30.9% over the past 5 years. This week, the Dow Jones Industrial Average fell 0.5%, and also the S&P 500 dropped 0.2%.
Trading Activity
– Trading volume this week was 16.9% lower than the 20-day standard.
– Beta, a step of the stock’s volatility about the general market stands at 0.3.
Technical Indicators
– The Relative Toughness 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 shut above its Bollinger band, indicating it might be overbought.
Market Relative Performance
– The firm’s share rate is the same as the S&P 500 Index, delays it on a 1-year basis, and delays it on a 5-year basis
– The company’s share cost is the same as the Dow Jones Industrial Average, delays it on a 1-year basis, and delays it on a 5-year basis
– The business share rate coincides as the efficiency of its peers in the Industrials market sector, lags it on a 1-year basis, and lags it on a 5 year basis
Per Group Relative Efficiency
– The business’s stock price efficiency year-to-date delays the peer typical by -254.1%.
– The business’s stock cost efficiency over the past twelve month delays the peer ordinary by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Offered by New York City State Common Retired Life 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 firm in its most recent Type 13F declaring with the Stocks and also Exchange Commission. The institutional financier possessed 75,563 shares of the firm’s stock after offering 31,122 shares during the duration. New York State Common Retired Life Fund had 0.06% of Workhorse Group worth $578,000 at the end of one of the most recent quarter.
Numerous various other hedge funds have likewise lately changed their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% throughout the second 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 risk in shares of Workhorse Group by 4.2% throughout the 2nd quarter. Vanguard Group Inc. now owns 5,514,304 shares of the firm’s stock worth $91,483,000 after acquiring 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 2nd quarter.
First Trust Advisors LP currently has 3,468,016 shares of the firm’s stock worth $57,534,000 after acquiring an extra 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 now has 3,064,706 shares of the firm’s stock worth $50,843,000 after buying an extra 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 2nd quarter. Geode Capital Management LLC currently possesses 2,076,971 shares of the company’s stock worth $34,456,000 after buying an additional 364,726 shares in the last quarter. Hedge funds and other institutional investors have 35.21% of the company’s stock.
Several equities experts have actually released records on WKHS shares. Cowen reduced their cost objective on shares of Workhorse Group from $8.50 to $7.50 and established a “market perform” ranking for the business in a research study note on Wednesday, September 22nd. DA Davidson reduced their price objective on shares of Workhorse Group from $10.00 to $7.50 and set a “neutral” score for the company in a study note on Thursday, September 23rd. Finally, Zacks Financial investment Study reduced shares of Workhorse Group from a “purchase” rating to a “hold” ranking in a research note on Thursday, November 11th. Six financial investment experts have ranked the stock with a hold score and one has actually assigned a buy ranking to the business. Based on information from MarketBeat, Workhorse Group presently has a typical ranking 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 also 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 relocating average of $5.21 and also a 200-day straightforward moving standard of $7.65. The business has a debt-to-equity proportion of 0.18, a fast ratio of 1.52 and also a present ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last introduced its incomes outcomes on Tuesday, November 9th. The company reported ($ 0.77) earnings per share for the quarter, missing out on the consensus estimate of ($ 0.19) by ($ 0.58). Workhorse Group had an adverse return on equity of 84.79% and an internet margin of 1,095.71%. The business had revenue of ($ 0.58) million for the quarter, compared to analyst quotes of $1.03 million. Throughout the same quarter in 2015, the business published ($ 0.78) EPS. Equities research analysts anticipate that Workhorse Group Inc. will certainly publish -2.13 EPS for the present year.
Workhorse Group Firm Account.
Workhorse Group, Inc is a modern technology company, which takes part in the stipulation of sustainable services to the commercial transport market. It operates as an original tools manufacturer, which creates and also builds battery-electric cars including vehicles and airplane. The company additionally develops all-electric delivery van as well as drone systems.
