Workhorse (WKHS) stocks closed 0.0% lower 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 twelve month, and down 30.9% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 dropped 0.2%.
– Trading volume this week was 16.9% lower than the 20-day standard.
– Beta, a procedure of the stock’s volatility relative to the total market stands at 0.3.
– The Family Member Strength Index (RSI) on the stock was under 30, indicating it might be underbought.
– MACD, a trend-following momentum indicator, shows a down pattern.
– The stock closed above its Bollinger band, indicating it may be overbought.
Market Relative 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 is the same as the Dow Jones Industrial Average, delays it on a 1-year basis, as well as lags it on a 5-year basis
– The company share cost is the same as the efficiency of its peers in the Industrials industry market, delays it on a 1-year basis, and also lags it on a 5 year basis
Per Group Relative Performance
– The company’s stock cost efficiency year-to-date lags the peer ordinary by -254.1%.
– The company’s stock price performance over the past 12 months lags the peer ordinary by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Offered by New York State Common Retired Life Fund.
New York City State Common Retired life Fund decreased its setting in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the firm in its most recent Form 13F filing with the Stocks and Exchange Payment. The institutional capitalist had 75,563 shares of the company’s stock after marketing 31,122 shares throughout the duration. New York State Common Retirement Fund had 0.06% of Workhorse Group worth $578,000 at the end of one of the most current quarter.
Several other hedge funds have additionally lately customized their holdings of the stock. BlackRock Inc. expanded its risk in shares of Workhorse Group by 16.5% during the 2nd quarter. BlackRock Inc. now owns 8,681,728 shares of the company’s stock worth $144,030,000 after purchasing an added 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. currently owns 5,514,304 shares of the business’s stock worth $91,483,000 after acquiring an added 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 owns 3,468,016 shares of the business’s stock worth $57,534,000 after buying an additional 1,505,563 shares in the last quarter. State Street Corp expanded its risk in shares of Workhorse Group by 30.4% throughout the second quarter. State Road Corp now possesses 3,064,706 shares of the firm’s stock worth $50,843,000 after acquiring an additional 714,188 shares in the last quarter. Ultimately, Geode Capital Administration LLC grew its stake in shares of Workhorse Group by 21.3% throughout the second quarter. Geode Capital Management LLC currently owns 2,076,971 shares of the business’s stock worth $34,456,000 after acquiring an extra 364,726 shares in the last quarter. Hedge funds as well as various other institutional investors own 35.21% of the business’s stock.
Numerous equities analysts have issued reports on WKHS shares. Cowen lowered their rate objective on shares of Workhorse Group from $8.50 to $7.50 and set a “market carry out” rating for the company in a research note on Wednesday, September 22nd. DA Davidson reduced their price goal on shares of Workhorse Group from $10.00 to $7.50 and set a “neutral” ranking for the business in a research note on Thursday, September 23rd. Ultimately, Zacks Investment Research downgraded shares of Workhorse Group from a “get” score to a “hold” rating in a study note on Thursday, November 11th. Six financial investment experts have actually rated the stock with a hold score as well as one has assigned a buy ranking to the firm. Based upon information from MarketBeat, Workhorse Group currently has an average rating of “Hold” and also a consensus target rate 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 business has a market capitalization of $570.91 million, a price-to-earnings proportion of 3.45 and a beta of 2.48. The firm has a 50-day simple relocating standard of $5.21 as well as a 200-day easy moving standard of $7.65. The firm has a debt-to-equity ratio of 0.18, a fast proportion of 1.52 and also a present proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last introduced its revenues outcomes on Tuesday, November 9th. The business reported ($ 0.77) earnings per share for the quarter, missing out on the consensus price quote 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%. The business had profits of ($ 0.58) million for the quarter, compared to analyst quotes of $1.03 million. Throughout the very same quarter in 2014, the business uploaded ($ 0.78) EPS. Equities study experts forecast that Workhorse Group Inc. will post -2.13 EPS for the existing year.
Workhorse Group Company Profile.
Workhorse Group, Inc is a modern technology business, which takes part in the stipulation of sustainable remedies to the industrial transport sector. It runs as an initial equipment maker, which develops and develops battery-electric vehicles including vehicles and also aircraft. The company additionally produces all-electric delivery trucks as well as drone systems.