Workhorse Group Inc. (NASDAQ: WKHS) stocks shut 0.0% lower than its previous 52 week low, offering the firm a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past twelve month, as well as down 30.9% over the past 5 years. This week, the Dow Jones Industrial Average dropped 0.5%, as well as the S&P 500 fell 0.2%.
– Trading volume today was 16.9% less than the 20-day average.
– Beta, a step of the stock’s volatility about the general market stands at 0.3.
– The Relative Toughness Index (RSI) on the stock was under 30, suggesting it may be underbought.
– MACD, a trend-following energy indicator, suggests a downward trend.
– The stock shut above its Bollinger band, suggesting it may 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 business’s share price coincides as the Dow Jones Industrial Standard, lags it on a 1-year basis, and also lags it on a 5-year basis
– The firm share cost coincides as the performance of its peers in the Industrials industry field, delays it on a 1-year basis, and lags it on a 5 year basis
Per Group Comparative Performance
– The firm’s stock cost performance year-to-date lags the peer ordinary by -254.1%.
– The firm’s stock cost efficiency over the past 12 months delays 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 Retirement Fund lowered its placement in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the business in its newest Form 13F declaring with the Securities and also Exchange Payment. The institutional investor had 75,563 shares of the business’s stock after selling 31,122 shares during the duration. New York City State Common Retirement Fund owned 0.06% of Workhorse Group worth $578,000 at the end of one of the most current quarter.
Numerous various other hedge funds have actually 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 has 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 second quarter. Vanguard Group Inc. now owns 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 grew its stake in shares of Workhorse Group by 76.7% during the 2nd quarter.
First Trust Advisors LP currently possesses 3,468,016 shares of the company’s stock worth $57,534,000 after purchasing an added 1,505,563 shares in the last quarter. State Street Corp grew its stake in shares of Workhorse Group by 30.4% during the second quarter. State Street Corp now possesses 3,064,706 shares of the company’s stock worth $50,843,000 after acquiring an additional 714,188 shares in the last quarter. Ultimately, Geode Capital Monitoring LLC expanded its risk in shares of Workhorse Group by 21.3% during the second quarter. Geode Capital Management LLC currently owns 2,076,971 shares of the company’s stock worth $34,456,000 after acquiring an additional 364,726 shares in the last quarter. Hedge funds and various other institutional financiers own 35.21% of the company’s stock.
Several equities analysts have released reports on WKHS shares. Cowen lowered their price purpose on shares of Workhorse Group from $8.50 to $7.50 and set a “market carry out” score for the firm in a research study note on Wednesday, September 22nd. DA Davidson reduced their rate purpose on shares of Workhorse Group from $10.00 to $7.50 as well as set a “neutral” rating for the business in a study note on Thursday, September 23rd. Finally, Zacks Financial investment Study reduced shares of Workhorse Group from a “get” score to a “hold” rating in a study note on Thursday, November 11th. Six financial investment analysts have rated the stock with a hold score and one has actually assigned a buy score to the company. Based upon information from MarketBeat, Workhorse Group currently has an ordinary rating of “Hold” as well as 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 as well as 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 as well as a beta of 2.48. The firm has a 50-day simple moving average of $5.21 and a 200-day easy moving standard of $7.65. The company has a debt-to-equity ratio of 0.18, a fast proportion of 1.52 and a current proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last revealed its earnings outcomes on Tuesday, November 9th. The business reported ($ 0.77) earnings per share for the quarter, missing out on the agreement 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%. The business had revenue of ($ 0.58) million for the quarter, contrasted to analyst price quotes of $1.03 million. During the same quarter in 2015, the firm published ($ 0.78) EPS. Equities study analysts forecast that Workhorse Group Inc. will post -2.13 EPS for the existing year.
Workhorse Group Business Account.
Workhorse Group, Inc is a modern technology company, which participates in the arrangement of lasting solutions to the commercial transport field. It operates as an initial equipment supplier, which designs and develops battery-electric automobiles including vehicles and airplane. The company also creates all-electric delivery van and also drone systems.