Workhorse (WKHS) stocks closed 0.0% lower than its previous 52 week low, giving the company a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past year, as well as down 30.9% over the past 5 years. Today, the Dow Jones Industrial Average dropped 0.5%, as well as the S&P 500 dropped 0.2%.
Trading Activity
– Trading volume this week was 16.9% lower than the 20-day standard.
– Beta, a step of the stock’s volatility about the overall market stands at 0.3.
Technical Indicators
– The Loved One Strength Index (RSI) on the stock was under 30, indicating it might be underbought.
– MACD, a trend-following energy indication, suggests a descending trend.
– The stock closed above its Bollinger band, indicating it might be overbought.
Market Relative Efficiency
– The firm’s share cost coincides as the S&P 500 Index, delays it on a 1-year basis, and also lags it on a 5-year basis
– The company’s share price is the same as the Dow Jones Industrial Standard, lags it on a 1-year basis, and delays it on a 5-year basis
– The firm share price is the same as the performance of its peers in the Industrials market market, delays it on a 1-year basis, as well as lags it on a 5 year basis
Per Group Relative Performance
– The firm’s stock cost performance year-to-date lags the peer ordinary by -254.1%.
– The business’s stock rate efficiency over the past one year lags the peer ordinary by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York City 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 newest Form 13F filing with the Stocks and Exchange Payment. The institutional capitalist owned 75,563 shares of the firm’s stock after selling 31,122 shares during the period. New York State Common Retirement Fund owned 0.06% of Workhorse Group worth $578,000 at the end of the most recent quarter.
Several various other hedge funds have actually likewise lately modified their holdings of the stock. BlackRock Inc. grew its stake in shares of Workhorse Group by 16.5% during the 2nd quarter. BlackRock Inc. now 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 buying an extra 223,161 shares in the last quarter. First Trust Advisors LP expanded its risk in shares of Workhorse Group by 76.7% during the second quarter.
First Trust Advisors LP currently possesses 3,468,016 shares of the business’s stock worth $57,534,000 after buying an extra 1,505,563 shares in the last quarter. State Road Corp expanded its stake in shares of Workhorse Group by 30.4% during the 2nd quarter. State Road Corp currently possesses 3,064,706 shares of the company’s stock worth $50,843,000 after acquiring an added 714,188 shares in the last quarter. Ultimately, Geode Capital Monitoring LLC grew its risk in shares of Workhorse Group by 21.3% during the 2nd quarter. Geode Capital Management LLC currently owns 2,076,971 shares of the business’s stock worth $34,456,000 after buying an extra 364,726 shares in the last quarter. Hedge funds and also various other institutional investors possess 35.21% of the company’s stock.
A number of equities experts have issued records on WKHS shares. Cowen lowered their rate purpose on shares of Workhorse Group from $8.50 to $7.50 as well as set a “market perform” rating for the company in a research study note on Wednesday, September 22nd. DA Davidson reduced their cost objective on shares of Workhorse Group from $10.00 to $7.50 and also established a “neutral” ranking for the company in a study note on Thursday, September 23rd. Lastly, Zacks Financial investment Research devalued shares of Workhorse Group from a “purchase” ranking to a “hold” ranking in a study note on Thursday, November 11th. Six assets analysts have ranked the stock with a hold score and one has designated a buy ranking to the firm. Based upon information from MarketBeat, Workhorse Group presently has a typical ranking 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 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 easy moving standard of $5.21 and also a 200-day simple relocating standard of $7.65. The business has a debt-to-equity ratio of 0.18, a fast proportion of 1.52 as well as a present proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last introduced its profits outcomes on Tuesday, November 9th. The firm reported ($ 0.77) incomes per share for the quarter, missing out on the consensus estimate 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 profits of ($ 0.58) million for the quarter, compared to expert estimates of $1.03 million. Throughout the exact same quarter in 2014, the company uploaded ($ 0.78) EPS. Equities study analysts anticipate that Workhorse Group Inc. will certainly post -2.13 EPS for the current year.
Workhorse Group Business Account.
Workhorse Group, Inc is an innovation company, which takes part in the provision of lasting remedies to the industrial transportation sector. It runs as an original tools producer, which designs and also constructs battery-electric autos including trucks and aircraft. The company likewise produces all-electric delivery van and drone systems.
