WKHS stocks shut 0.0% less than its previous 52 week low, giving the business 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. Today, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 0.2%.
– Trading volume today was 16.9% less than the 20-day standard.
– Beta, an action of the stock’s volatility about the total market stands at 0.3.
– The Relative Strength Index (RSI) on the stock was under 30, showing it might be underbought.
– MACD, a trend-following energy indicator, suggests a down pattern.
– The stock shut over its Bollinger band, suggesting it might be overbought.
Market Relative Performance
– The business’s share rate coincides as the S&P 500 Index, delays it on a 1-year basis, as well as lags it on a 5-year basis
– The firm’s share rate coincides as the Dow Jones Industrial Average, lags it on a 1-year basis, and also lags it on a 5-year basis
– The firm share cost is the same as the performance of its peers in the Industrials market market, delays it on a 1-year basis, and delays it on a 5 year basis
Per Group Comparative Efficiency
– The company’s stock cost performance year-to-date lags the peer average by -254.1%.
– The firm’s stock rate efficiency over the past twelve month lags 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 reduced its position in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the business in its most recent Form 13F filing with the Securities as well as Exchange Payment. The institutional financier owned 75,563 shares of the firm’s stock after offering 31,122 shares throughout the period. New York City State Common Retirement Fund owned 0.06% of Workhorse Group worth $578,000 at the end of the most recent quarter.
Several other hedge funds have actually additionally lately changed their holdings of the stock. BlackRock Inc. expanded its stake in shares of Workhorse Group by 16.5% throughout the 2nd quarter. BlackRock Inc. currently has 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 risk in shares of Workhorse Group by 4.2% during the second quarter. Vanguard Group Inc. currently owns 5,514,304 shares of the firm’s stock worth $91,483,000 after purchasing an added 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 currently owns 3,468,016 shares of the company’s stock worth $57,534,000 after acquiring an added 1,505,563 shares in the last quarter. State Road Corp expanded its stake in shares of Workhorse Group by 30.4% throughout the second quarter. State Street Corp currently possesses 3,064,706 shares of the firm’s stock worth $50,843,000 after acquiring an added 714,188 shares in the last quarter. Finally, Geode Capital Monitoring LLC grew its risk in shares of Workhorse Group by 21.3% during the 2nd quarter. Geode Capital Management LLC now has 2,076,971 shares of the firm’s stock worth $34,456,000 after purchasing an extra 364,726 shares in the last quarter. Hedge funds and also various other institutional capitalists possess 35.21% of the company’s stock.
Numerous equities experts have actually released reports on WKHS shares. Cowen decreased their rate purpose on shares of Workhorse Group from $8.50 to $7.50 and set a “market perform” score for the company in a study note on Wednesday, September 22nd. DA Davidson reduced their price objective on shares of Workhorse Group from $10.00 to $7.50 as well as set a “neutral” score for the business in a research study note on Thursday, September 23rd. Finally, Zacks Investment Research study downgraded shares of Workhorse Group from a “buy” score to a “hold” ranking in a research study note on Thursday, November 11th. 6 assets analysts have actually ranked the stock with a hold ranking and also one has designated a buy rating to the company. Based upon data from MarketBeat, Workhorse Group presently has an average ranking of “Hold” and also a consensus target rate 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 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 firm has a 50-day simple relocating average of $5.21 as well as a 200-day easy relocating standard of $7.65. The business has a debt-to-equity proportion of 0.18, a fast ratio of 1.52 and an existing ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its revenues results on Tuesday, November 9th. The business reported ($ 0.77) revenues per share for the quarter, missing out on the agreement price quote of ($ 0.19) by ($ 0.58). Workhorse Group had an adverse return on equity of 84.79% and a web margin of 1,095.71%. Business had profits of ($ 0.58) million for the quarter, contrasted to analyst estimates of $1.03 million. During the same quarter in 2015, the firm published ($ 0.78) EPS. Equities study experts forecast that Workhorse Group Inc. will publish -2.13 EPS for the present year.
Workhorse Group Company Profile.
Workhorse Group, Inc is a technology company, which participates in the stipulation of lasting remedies to the commercial transport market. It operates as an original equipment producer, which makes and builds battery-electric cars including trucks and also aircraft. The firm additionally creates all-electric delivery trucks and drone systems.