Workhorse Group Inc. (NASDAQ: WKHS) stocks shut 0.0% less than its previous 52 week low, giving the business a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past year, and down 30.9% over the past five years. Today, the Dow Jones Industrial Average fell 0.5%, and also the S&P 500 fell 0.2%.
– Trading volume this week was 16.9% lower than the 20-day standard.
– Beta, an action of the stock’s volatility about the overall market stands at 0.3.
– The Family Member Toughness Index (RSI) on the stock was under 30, indicating it may be underbought.
– MACD, a trend-following momentum sign, indicates a descending fad.
– The stock shut above its Bollinger band, showing it may be overbought.
Market Comparative Performance
– The firm’s share price coincides 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 rate coincides as the Dow Jones Industrial Standard, delays it on a 1-year basis, and lags it on a 5-year basis
– The business share cost coincides as the performance of its peers in the Industrials industry sector, lags it on a 1-year basis, and also lags it on a 5 year basis
Per Group Comparative Performance
– The company’s stock price efficiency year-to-date lags the peer ordinary by -254.1%.
– The firm’s stock cost performance over the past one year delays the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York State Common Retired Life Fund.
New York State Common Retirement Fund lowered its position in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the firm in its newest Type 13F declaring with the Stocks and Exchange Compensation. The institutional financier possessed 75,563 shares of the firm’s stock after selling 31,122 shares throughout 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 recent quarter.
Numerous various other hedge funds have actually also lately customized their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% throughout the 2nd quarter. BlackRock Inc. currently possesses 8,681,728 shares of the firm’s stock worth $144,030,000 after buying an added 1,229,762 shares in the last quarter. Vanguard Group Inc. expanded its stake in shares of Workhorse Group by 4.2% throughout the 2nd quarter. Vanguard Group Inc. currently possesses 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% throughout the 2nd quarter.
First Trust Advisors LP currently has 3,468,016 shares of the company’s stock worth $57,534,000 after buying an additional 1,505,563 shares in the last quarter. State Street Corp grew its risk in shares of Workhorse Group by 30.4% throughout the 2nd quarter. State Street Corp now has 3,064,706 shares of the company’s stock worth $50,843,000 after buying an additional 714,188 shares in the last quarter. Lastly, Geode Capital Management LLC expanded its stake in shares of Workhorse Group by 21.3% throughout the second quarter. Geode Capital Management LLC now has 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 and also various other institutional financiers own 35.21% of the company’s stock.
Several equities experts have provided records on WKHS shares. Cowen decreased their price purpose on shares of Workhorse Group from $8.50 to $7.50 and also established a “market do” score for the company in a research study note on Wednesday, September 22nd. DA Davidson decreased their rate goal on shares of Workhorse Group from $10.00 to $7.50 and also established a “neutral” score for the company in a research note on Thursday, September 23rd. Finally, Zacks Investment Research devalued shares of Workhorse Group from a “purchase” rating to a “hold” rating in a research study note on Thursday, November 11th. Six financial investment experts have actually rated the stock with a hold ranking as well as one has assigned a buy score to the company. Based on data from MarketBeat, Workhorse Group currently has an average score of “Hold” and also a consensus 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 and a fifty-two week high of $42.96. The firm has a market capitalization of $570.91 million, a price-to-earnings ratio of 3.45 and also a beta of 2.48. The firm has a 50-day easy relocating average of $5.21 and also a 200-day easy moving average of $7.65. The business has a debt-to-equity ratio of 0.18, a fast ratio of 1.52 as well as a present proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last introduced its profits outcomes on Tuesday, November 9th. The firm reported ($ 0.77) revenues per share for the quarter, missing out on the consensus quote of ($ 0.19) by ($ 0.58). Workhorse Group had an adverse return on equity of 84.79% and also a web margin of 1,095.71%. Business had profits of ($ 0.58) million for the quarter, contrasted to analyst quotes of $1.03 million. During the very same quarter in 2015, the firm uploaded ($ 0.78) EPS. Equities research study analysts forecast that Workhorse Group Inc. will publish -2.13 EPS for the current year.
Workhorse Group Firm Profile.
Workhorse Group, Inc is an innovation firm, which participates in the stipulation of lasting solutions to the business transport industry. It operates as an original equipment maker, which develops and constructs battery-electric vehicles including trucks and airplane. The company additionally creates all-electric delivery trucks as well as drone systems.