Workhorse Group Inc. (NASDAQ: WKHS) stocks shut 0.0% less than its previous 52 week low, giving the company a market cap of $570M. The stock is presently down 16.1% year-to-date, down 84.3% over the past year, as well as down 30.9% over the past five years. Today, the Dow Jones Industrial Average fell 0.5%, as well as the S&P 500 dropped 0.2%.
– Trading quantity this week was 16.9% less than the 20-day standard.
– Beta, a procedure of the stock’s volatility about the overall market stands at 0.3.
– The Relative Stamina Index (RSI) on the stock was under 30, showing it might be underbought.
– MACD, a trend-following momentum indication, suggests a downward pattern.
– The stock closed over its Bollinger band, indicating it might be overbought.
Market Comparative Performance
– The business’s share price is the same as the S&P 500 Index, lags it on a 1-year basis, and delays it on a 5-year basis
– The business’s share cost coincides as the Dow Jones Industrial Standard, delays it on a 1-year basis, and lags it on a 5-year basis
– The firm share cost coincides as the performance of its peers in the Industrials industry sector, delays it on a 1-year basis, and also lags it on a 5 year basis
Per Group Comparative Performance
– The firm’s stock cost efficiency year-to-date lags the peer typical by -254.1%.
– The business’s stock cost efficiency over the past year delays the peer typical by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Marketed by New York State Common Retired Life Fund.
New York City State Common Retired life Fund decreased 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 declaring with the Securities and also Exchange Compensation. The institutional investor had 75,563 shares of the company’s stock after offering 31,122 shares during the period. New York City State Common Retired Life 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 also lately customized their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% during the second quarter. BlackRock Inc. now has 8,681,728 shares of the company’s stock worth $144,030,000 after buying an added 1,229,762 shares in the last quarter. Vanguard Group Inc. grew its risk in shares of Workhorse Group by 4.2% throughout the 2nd quarter. Vanguard Group Inc. now owns 5,514,304 shares of the firm’s stock worth $91,483,000 after purchasing 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 has 3,468,016 shares of the company’s stock worth $57,534,000 after purchasing an additional 1,505,563 shares in the last quarter. State Street Corp expanded its risk in shares of Workhorse Group by 30.4% throughout the 2nd quarter. State Road Corp now owns 3,064,706 shares of the company’s stock worth $50,843,000 after purchasing an additional 714,188 shares in the last quarter. Finally, Geode Capital Monitoring LLC grew its risk in shares of Workhorse Group by 21.3% throughout the second quarter. Geode Capital Management LLC now owns 2,076,971 shares of the business’s stock worth $34,456,000 after buying an added 364,726 shares in the last quarter. Hedge funds and other institutional capitalists have 35.21% of the company’s stock.
Numerous equities experts have issued reports on WKHS shares. Cowen lowered their rate goal on shares of Workhorse Group from $8.50 to $7.50 and also set a “market execute” rating for the firm in a research note on Wednesday, September 22nd. DA Davidson reduced their price purpose on shares of Workhorse Group from $10.00 to $7.50 and set a “neutral” ranking for the firm in a study note on Thursday, September 23rd. Finally, Zacks Investment Study devalued shares of Workhorse Group from a “get” ranking to a “hold” score in a study note on Thursday, November 11th. Six financial investment experts have actually ranked the stock with a hold ranking and also one has actually appointed a buy ranking to the business. Based on information from MarketBeat, Workhorse Group presently has an average rating of “Hold” and also an agreement target rate 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 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 basic relocating standard of $5.21 and a 200-day easy moving standard of $7.65. The firm has a debt-to-equity proportion of 0.18, a fast proportion of 1.52 as well as a present ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last revealed its profits results on Tuesday, November 9th. The business reported ($ 0.77) earnings per share for the quarter, missing the consensus estimate of ($ 0.19) by ($ 0.58). Workhorse Group had an unfavorable return on equity of 84.79% and also a net margin of 1,095.71%. Business had profits of ($ 0.58) million for the quarter, compared to expert estimates of $1.03 million. During the exact same quarter in 2014, the firm uploaded ($ 0.78) EPS. Equities research analysts forecast that Workhorse Group Inc. will publish -2.13 EPS for the present year.
Workhorse Group Company Profile.
Workhorse Group, Inc is a technology business, which engages in the provision of sustainable remedies to the commercial transport field. It runs as an original equipment producer, which designs as well as builds battery-electric automobiles including vehicles and airplane. The company likewise develops all-electric delivery trucks as well as drone systems.