Workhorse Group Inc (WKHS) shares shut 0.0% lower than its previous 52 week reduced, giving the firm 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 five years. Today, the Dow Jones Industrial Average fell 0.5%, as well as 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 relative to the general market stands at 0.3.
– The Relative Toughness Index (RSI) on the stock was under 30, suggesting it might be underbought.
– MACD, a trend-following momentum indication, suggests a downward trend.
– The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Efficiency
– The business’s share rate 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 price is the same as the Dow Jones Industrial Standard, delays it on a 1-year basis, and also delays it on a 5-year basis
– The firm share rate coincides as the performance of its peers in the Industrials market sector, delays it on a 1-year basis, as well as lags it on a 5 year basis
Per Group Comparative Efficiency
– The company’s stock price efficiency year-to-date delays the peer typical by -254.1%.
– The company’s stock cost efficiency over the past one year delays the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Offered by New York City State Common Retired Life Fund.
New York State Common Retired life Fund decreased its placement 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 Securities and Exchange Compensation. The institutional capitalist owned 75,563 shares of the business’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.
Numerous other hedge funds have likewise recently changed their holdings of the stock. BlackRock Inc. expanded its risk in shares of Workhorse Group by 16.5% during the second quarter. BlackRock Inc. currently possesses 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. expanded its risk in shares of Workhorse Group by 4.2% throughout the 2nd quarter. Vanguard Group Inc. currently owns 5,514,304 shares of the business’s stock worth $91,483,000 after buying an additional 223,161 shares in the last quarter. First Trust Advisors LP expanded 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 extra 1,505,563 shares in the last quarter. State Street Corp grew 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 buying an additional 714,188 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Workhorse Group by 21.3% during the second quarter. Geode Capital Management LLC currently has 2,076,971 shares of the company’s stock worth $34,456,000 after buying an additional 364,726 shares in the last quarter. Hedge funds as well as other institutional investors possess 35.21% of the company’s stock.
Numerous equities experts have issued reports on WKHS shares. Cowen reduced their rate objective on shares of Workhorse Group from $8.50 to $7.50 and set 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 established a “neutral” score for the business in a research note on Thursday, September 23rd. Lastly, Zacks Investment Research downgraded shares of Workhorse Group from a “buy” rating to a “hold” rating in a research study note on Thursday, November 11th. 6 assets analysts have actually rated the stock with a hold ranking and also one has actually assigned a buy rating to the firm. Based upon data from MarketBeat, Workhorse Group presently has an ordinary score of “Hold” and a consensus 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 and also 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 as well as a beta of 2.48. The firm has a 50-day basic relocating average of $5.21 and a 200-day basic moving standard of $7.65. The business has a debt-to-equity ratio of 0.18, a fast ratio of 1.52 and a present proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its profits outcomes on Tuesday, November 9th. The company reported ($ 0.77) earnings per share for the quarter, missing out on the consensus price quote of ($ 0.19) by ($ 0.58). Workhorse Group had an adverse return on equity of 84.79% as well as a net margin of 1,095.71%. The business had profits of ($ 0.58) million for the quarter, compared to expert price quotes of $1.03 million. During the same quarter in 2015, the business published ($ 0.78) EPS. Equities research analysts forecast that Workhorse Group Inc. will certainly publish -2.13 EPS for the present year.
Workhorse Group Company Account.
Workhorse Group, Inc is a modern technology company, which participates in the stipulation of sustainable remedies to the industrial transport market. It operates as an initial tools manufacturer, which develops and constructs battery-electric vehicles consisting of vehicles and airplane. The company also produces all-electric delivery van and also drone systems.