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 also down 30.9% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and also the S&P 500 fell 0.2%.
– Trading quantity this week was 16.9% less than the 20-day average.
– Beta, an action of the stock’s volatility relative to the overall market stands at 0.3.
– The Relative Stamina Index (RSI) on the stock was under 30, suggesting it might be underbought.
– MACD, a trend-following momentum indicator, shows a down fad.
– The stock shut over its Bollinger band, indicating it might be overbought.
Market Comparative Performance
– The business’s share cost coincides 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 cost is the same as the Dow Jones Industrial Standard, delays it on a 1-year basis, and lags it on a 5-year basis
– The business share price coincides as the efficiency of its peers in the Industrials industry market, delays it on a 1-year basis, and delays it on a 5 year basis
Per Group Relative Performance
– The business’s stock price performance year-to-date delays the peer ordinary by -254.1%.
– The business’s stock price performance over the past 12 months lags the peer typical 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 position in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the firm in its newest Form 13F declaring with the Securities and Exchange Payment. The institutional capitalist had 75,563 shares of the firm’s stock after marketing 31,122 shares throughout the period. New York State Common Retired Life Fund possessed 0.06% of Workhorse Group worth $578,000 at the end of one of the most current quarter.
A number of other hedge funds have additionally 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. currently has 8,681,728 shares of the business’s stock worth $144,030,000 after acquiring an extra 1,229,762 shares in the last quarter. Vanguard Group Inc. grew its risk in shares of Workhorse Group by 4.2% during the second quarter. Vanguard Group Inc. currently owns 5,514,304 shares of the business’s stock worth $91,483,000 after buying an additional 223,161 shares in the last quarter. First Trust Advisors LP grew its risk in shares of Workhorse Group by 76.7% throughout the second quarter.
First Trust Advisors LP now possesses 3,468,016 shares of the company’s stock worth $57,534,000 after buying an extra 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 Street Corp currently has 3,064,706 shares of the business’s stock worth $50,843,000 after acquiring an extra 714,188 shares in the last quarter. Finally, Geode Capital Management LLC expanded 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 company’s stock worth $34,456,000 after purchasing an extra 364,726 shares in the last quarter. Hedge funds and also other institutional capitalists possess 35.21% of the company’s stock.
Numerous equities analysts have released reports on WKHS shares. Cowen lowered their cost purpose on shares of Workhorse Group from $8.50 to $7.50 and set a “market execute” score for the company in a study 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 company in a study note on Thursday, September 23rd. Finally, Zacks Investment Study devalued shares of Workhorse Group from a “purchase” rating to a “hold” score in a study note on Thursday, November 11th. Six investment experts have rated the stock with a hold score and one has designated a buy rating to the business. Based upon data from MarketBeat, Workhorse Group presently has an average ranking of “Hold” and also an agreement target cost 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 firm has a market capitalization of $570.91 million, a price-to-earnings proportion of 3.45 as well as a beta of 2.48. The firm has a 50-day basic moving standard of $5.21 and also a 200-day simple relocating average of $7.65. The firm has a debt-to-equity proportion of 0.18, a quick proportion of 1.52 and also a current ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its profits outcomes on Tuesday, November 9th. The business reported ($ 0.77) revenues 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% as well as a web margin of 1,095.71%. Business had income of ($ 0.58) million for the quarter, compared to analyst estimates of $1.03 million. During the exact same quarter in 2015, the business posted ($ 0.78) EPS. Equities study experts anticipate that Workhorse Group Inc. will certainly post -2.13 EPS for the existing year.
Workhorse Group Business Account.
Workhorse Group, Inc is a technology firm, which participates in the provision of lasting options to the industrial transport sector. It operates as an initial equipment supplier, which develops and also constructs battery-electric autos consisting of vehicles as well as airplane. The company also develops all-electric delivery van and also drone systems.