Workhorse Group Inc (WKHS) shares closed 0.0% less than its previous 52 week low, providing the business 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 5 years. Today, the Dow Jones Industrial Average dropped 0.5%, and also the S&P 500 fell 0.2%.
– Trading volume this week was 16.9% less than the 20-day standard.
– Beta, a step of the stock’s volatility relative to the overall market stands at 0.3.
– The Relative Toughness Index (RSI) on the stock was under 30, showing it may be underbought.
– MACD, a trend-following energy indicator, suggests a descending pattern.
– The stock closed above its Bollinger band, suggesting it may be overbought.
Market Comparative Performance
– The business’s share rate is the same as the S&P 500 Index, delays it on a 1-year basis, and delays it on a 5-year basis
– The company’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 company share rate coincides as the efficiency of its peers in the Industrials market field, lags it on a 1-year basis, as well as lags it on a 5 year basis
Per Group Relative Efficiency
– The firm’s stock price performance year-to-date lags the peer typical by -254.1%.
– The business’s stock cost performance over the past twelve month lags the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Marketed by New York City State Common Retired Life Fund.
New York State Common Retired life Fund decreased its setting in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the firm in its newest Kind 13F declaring with the Securities as well as Exchange Compensation. The institutional capitalist possessed 75,563 shares of the firm’s stock after offering 31,122 shares during the period. New York State Common Retirement Fund possessed 0.06% of Workhorse Group worth $578,000 at the end of one of the most recent quarter.
Several other hedge funds have actually also just recently changed their holdings of the stock. BlackRock Inc. expanded its stake in shares of Workhorse Group by 16.5% during the second quarter. BlackRock Inc. currently has 8,681,728 shares of the company’s stock worth $144,030,000 after acquiring an additional 1,229,762 shares in the last quarter. Vanguard Group Inc. expanded its stake 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 acquiring an additional 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 owns 3,468,016 shares of the firm’s stock worth $57,534,000 after purchasing an added 1,505,563 shares in the last quarter. State Street Corp grew its stake in shares of Workhorse Group by 30.4% throughout the 2nd quarter. State Road Corp now possesses 3,064,706 shares of the company’s stock worth $50,843,000 after acquiring an additional 714,188 shares in the last quarter. Ultimately, Geode Capital Monitoring LLC expanded its stake in shares of Workhorse Group by 21.3% during the second quarter. Geode Capital Management LLC currently owns 2,076,971 shares of the business’s stock worth $34,456,000 after buying an additional 364,726 shares in the last quarter. Hedge funds and other institutional financiers own 35.21% of the firm’s stock.
Several equities experts have released records on WKHS shares. Cowen reduced their cost goal on shares of Workhorse Group from $8.50 to $7.50 as well as established a “market carry out” score for the business 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 set a “neutral” rating for the firm in a research note on Thursday, September 23rd. Finally, Zacks Investment Research downgraded shares of Workhorse Group from a “get” rating to a “hold” score in a study note on Thursday, November 11th. 6 investment analysts have ranked the stock with a hold score and also one has actually assigned a buy score to the firm. Based upon data from MarketBeat, Workhorse Group currently has an average rating of “Hold” and an agreement 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 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 and also a beta of 2.48. The firm has a 50-day simple moving standard of $5.21 and a 200-day straightforward moving standard of $7.65. The business has a debt-to-equity proportion of 0.18, a quick proportion of 1.52 as well as a present proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last revealed its earnings outcomes on Tuesday, November 9th. The firm reported ($ 0.77) profits per share for the quarter, missing the consensus price quote of ($ 0.19) by ($ 0.58). Workhorse Group had a negative return on equity of 84.79% as well as a web margin of 1,095.71%. Business had earnings of ($ 0.58) million for the quarter, compared to analyst quotes of $1.03 million. Throughout the exact same quarter in 2014, the business uploaded ($ 0.78) EPS. Equities research analysts forecast that Workhorse Group Inc. will post -2.13 EPS for the current year.
Workhorse Group Firm Account.
Workhorse Group, Inc is a modern technology firm, which takes part in the provision of lasting options to the business transportation market. It operates as an initial devices manufacturer, which creates and builds battery-electric vehicles including trucks as well as aircraft. The company additionally creates all-electric delivery van and drone systems.