Workhorse Group Inc. (NASDAQ: WKHS) stocks shut 0.0% less than its previous 52 week low, giving the firm a market cap of $570M. The stock is presently down 16.1% year-to-date, down 84.3% over the past one year, 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 dropped 0.2%.
– Trading volume today was 16.9% less than the 20-day average.
– Beta, a measure of the stock’s volatility relative to the total market stands at 0.3.
– The Family Member Toughness Index (RSI) on the stock was under 30, suggesting it might be underbought.
– MACD, a trend-following energy sign, shows a downward trend.
– The stock closed over its Bollinger band, showing it might be overbought.
Market Relative Efficiency
– The firm’s share price is the same as the S&P 500 Index, lags it on a 1-year basis, and also lags it on a 5-year basis
– The business’s share price coincides as the Dow Jones Industrial Average, lags it on a 1-year basis, as well as delays it on a 5-year basis
– The firm share price is the same as the performance of its peers in the Industrials market field, lags it on a 1-year basis, as well as lags it on a 5 year basis
Per Group Comparative Efficiency
– The company’s stock price performance year-to-date lags the peer average by -254.1%.
– The company’s stock price efficiency over the past year lags the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Offered by New York State Common Retired Life Fund.
New York City State Common Retirement Fund reduced its placement in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the business in its newest Kind 13F declaring with the Securities as well as Exchange Compensation. The institutional financier possessed 75,563 shares of the firm’s stock after offering 31,122 shares during the period. New York State Common Retired Life Fund owned 0.06% of Workhorse Group worth $578,000 at the end of one of the most recent quarter.
Several other hedge funds have actually likewise lately customized 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 owns 8,681,728 shares of the company’s stock worth $144,030,000 after purchasing an extra 1,229,762 shares in the last quarter. Vanguard Group Inc. expanded its risk in shares of Workhorse Group by 4.2% during the 2nd quarter. Vanguard Group Inc. currently possesses 5,514,304 shares of the firm’s stock worth $91,483,000 after purchasing an additional 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 Road Corp grew its stake in shares of Workhorse Group by 30.4% during the 2nd quarter. State Road Corp currently has 3,064,706 shares of the company’s stock worth $50,843,000 after buying an added 714,188 shares in the last quarter. Lastly, Geode Capital Monitoring LLC expanded its risk in shares of Workhorse Group by 21.3% during the second quarter. Geode Capital Management LLC now possesses 2,076,971 shares of the firm’s stock worth $34,456,000 after buying an added 364,726 shares in the last quarter. Hedge funds as well as various other institutional investors have 35.21% of the business’s stock.
A number of equities experts have actually released reports on WKHS shares. Cowen decreased their rate objective on shares of Workhorse Group from $8.50 to $7.50 and also set a “market perform” ranking for the business in a research study note on Wednesday, September 22nd. DA Davidson lowered their price objective on shares of Workhorse Group from $10.00 to $7.50 and also set a “neutral” ranking for the firm in a research note on Thursday, September 23rd. Finally, Zacks Financial investment Research study devalued shares of Workhorse Group from a “purchase” score to a “hold” ranking in a study note on Thursday, November 11th. 6 investment analysts have actually ranked the stock with a hold score and one has designated a buy ranking to the business. Based upon data from MarketBeat, Workhorse Group presently has a typical rating of “Hold” and also a consensus 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 and 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 also a beta of 2.48. The company has a 50-day easy moving standard of $5.21 and a 200-day easy moving average of $7.65. The company has a debt-to-equity proportion of 0.18, a quick proportion of 1.52 as well as an existing proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its profits results on Tuesday, November 9th. The business reported ($ 0.77) revenues per share for the quarter, missing out on the agreement estimate of ($ 0.19) by ($ 0.58). Workhorse Group had an adverse return on equity of 84.79% as well as an internet margin of 1,095.71%. Business had income of ($ 0.58) million for the quarter, contrasted to expert price quotes of $1.03 million. Throughout the same quarter last year, the business posted ($ 0.78) EPS. Equities research experts forecast that Workhorse Group Inc. will certainly publish -2.13 EPS for the current year.
Workhorse Group Firm Profile.
Workhorse Group, Inc is a modern technology firm, which engages in the stipulation of sustainable remedies to the industrial transportation industry. It runs as an original tools producer, which makes and constructs battery-electric vehicles consisting of trucks as well as airplane. The firm likewise develops all-electric delivery trucks and also drone systems.