Workhorse Group Inc. (NASDAQ: WKHS) stocks closed 0.0% lower than its previous 52 week reduced, giving the firm a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past 12 months, and down 30.9% over the past five years. Today, the Dow Jones Industrial Average dropped 0.5%, and the S&P 500 fell 0.2%.
– Trading volume today was 16.9% lower than the 20-day standard.
– Beta, a procedure 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, suggesting it might be underbought.
– MACD, a trend-following energy sign, suggests a down pattern.
– The stock shut above its Bollinger band, suggesting it may be overbought.
Market Relative Efficiency
– The business’s share cost 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 company’s share rate coincides as the Dow Jones Industrial Standard, lags it on a 1-year basis, and delays it on a 5-year basis
– The company share cost coincides as the efficiency of its peers in the Industrials market sector, lags it on a 1-year basis, and also delays it on a 5 year basis
Per Group Relative Efficiency
– The company’s stock cost performance year-to-date delays the peer ordinary by -254.1%.
– The company’s stock rate efficiency over the past year delays the peer ordinary by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Offered by New York City State Common Retirement Fund.
New York City State Common Retired life Fund reduced its position in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Stocks and also Exchange Commission. The institutional capitalist possessed 75,563 shares of the business’s stock after offering 31,122 shares during the duration. New York State Common Retirement Fund possessed 0.06% of Workhorse Group worth $578,000 at the end of one of the most current quarter.
A number of various other hedge funds have likewise recently changed their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% throughout the 2nd quarter. BlackRock Inc. now has 8,681,728 shares of the firm’s stock worth $144,030,000 after buying an extra 1,229,762 shares in the last quarter. Vanguard Group Inc. grew its risk in shares of Workhorse Group by 4.2% during the 2nd quarter. Vanguard Group Inc. now possesses 5,514,304 shares of the business’s stock worth $91,483,000 after buying an extra 223,161 shares in the last quarter. First Trust Advisors LP grew its risk in shares of Workhorse Group by 76.7% during the 2nd quarter.
First Trust Advisors LP currently has 3,468,016 shares of the firm’s stock worth $57,534,000 after acquiring an extra 1,505,563 shares in the last quarter. State Street Corp expanded its risk in shares of Workhorse Group by 30.4% during the second quarter. State Street Corp now owns 3,064,706 shares of the company’s stock worth $50,843,000 after buying an extra 714,188 shares in the last quarter. Lastly, Geode Capital Monitoring LLC expanded its risk in shares of Workhorse Group by 21.3% throughout the 2nd quarter. Geode Capital Management LLC currently owns 2,076,971 shares of the firm’s stock worth $34,456,000 after buying an additional 364,726 shares in the last quarter. Hedge funds and also other institutional investors have 35.21% of the company’s stock.
Several equities experts have released records on WKHS shares. Cowen reduced their rate objective on shares of Workhorse Group from $8.50 to $7.50 and also established a “market perform” score for the company in a research note on Wednesday, September 22nd. DA Davidson decreased their price goal on shares of Workhorse Group from $10.00 to $7.50 and also established a “neutral” rating for the company in a research study note on Thursday, September 23rd. Finally, Zacks Investment Study devalued shares of Workhorse Group from a “buy” ranking to a “hold” rating in a research note on Thursday, November 11th. Six financial investment analysts have actually ranked the stock with a hold score as well as one has actually appointed a buy score to the firm. 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 ratio of 3.45 and a beta of 2.48. The company has a 50-day easy relocating standard of $5.21 and also a 200-day easy moving standard of $7.65. The business has a debt-to-equity ratio of 0.18, a quick proportion of 1.52 and an existing proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its incomes results on Tuesday, November 9th. The business reported ($ 0.77) earnings per share for the quarter, missing out on the consensus quote of ($ 0.19) by ($ 0.58). Workhorse Group had a negative return on equity of 84.79% and also an internet margin of 1,095.71%. Business had income of ($ 0.58) million for the quarter, compared to expert quotes of $1.03 million. Throughout the exact same quarter last year, the firm posted ($ 0.78) EPS. Equities research study analysts anticipate that Workhorse Group Inc. will certainly publish -2.13 EPS for the existing year.
Workhorse Group Company Account.
Workhorse Group, Inc is a technology firm, which engages in the arrangement of sustainable remedies to the industrial transportation market. It operates as an original devices supplier, which makes and also builds battery-electric cars including vehicles as well as aircraft. The firm additionally produces all-electric delivery trucks as well as drone systems.