Workhorse Group Inc (WKHS) shares closed 0.0% less than its previous 52 week reduced, offering the firm a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past twelve month, as well as down 30.9% over the past five years. This week, 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% lower than the 20-day average.
– Beta, a measure of the stock’s volatility about the general market stands at 0.3.
– The Relative Stamina Index (RSI) on the stock was under 30, indicating it might be underbought.
– MACD, a trend-following momentum indicator, indicates a downward trend.
– The stock closed above its Bollinger band, indicating it might be overbought.
Market Comparative Performance
– The company’s share cost is the same as the S&P 500 Index, lags it on a 1-year basis, as well as lags it on a 5-year basis
– The business’s share price coincides as the Dow Jones Industrial Standard, delays it on a 1-year basis, as well as delays it on a 5-year basis
– The firm share price coincides as the efficiency of its peers in the Industrials market market, lags it on a 1-year basis, as well as lags it on a 5 year basis
Per Group Relative Performance
– The company’s stock rate efficiency year-to-date delays the peer typical by -254.1%.
– The business’s stock price performance over the past one year lags the peer ordinary by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York State Common Retirement Fund.
New York State Common Retirement Fund reduced its placement in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the business in its most recent Kind 13F filing with the Securities and also Exchange Payment. The institutional financier possessed 75,563 shares of the firm’s stock after selling 31,122 shares during the period. New York City State Common Retired Life Fund had 0.06% of Workhorse Group worth $578,000 at the end of the most current quarter.
Numerous various other hedge funds have actually also recently modified their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% during the second quarter. BlackRock Inc. currently has 8,681,728 shares of the business’s stock worth $144,030,000 after buying an extra 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 has 5,514,304 shares of the business’s stock worth $91,483,000 after acquiring 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 now owns 3,468,016 shares of the firm’s stock worth $57,534,000 after purchasing an extra 1,505,563 shares in the last quarter. State Road Corp expanded its risk in shares of Workhorse Group by 30.4% during the 2nd quarter. State Road Corp now 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 risk in shares of Workhorse Group by 21.3% during the second quarter. Geode Capital Management LLC now possesses 2,076,971 shares of the company’s stock worth $34,456,000 after purchasing an added 364,726 shares in the last quarter. Hedge funds and various other institutional investors possess 35.21% of the company’s stock.
A number of 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 established a “market do” ranking for the business in a research note on Wednesday, September 22nd. DA Davidson lowered their cost goal on shares of Workhorse Group from $10.00 to $7.50 and established a “neutral” rating for the company in a research study note on Thursday, September 23rd. Ultimately, Zacks Investment Study downgraded shares of Workhorse Group from a “purchase” ranking to a “hold” ranking in a research note on Thursday, November 11th. Six investment analysts have actually ranked the stock with a hold ranking and one has actually appointed a buy ranking to the business. Based on data from MarketBeat, Workhorse Group currently has a typical score of “Hold” and also an agreement target cost 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 as well as a beta of 2.48. The company has a 50-day straightforward moving standard of $5.21 as well as a 200-day simple moving average of $7.65. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.52 as well as a current ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last introduced its revenues outcomes on Tuesday, November 9th. The company reported ($ 0.77) earnings per share for the quarter, missing out on the agreement quote of ($ 0.19) by ($ 0.58). Workhorse Group had a negative return on equity of 84.79% and also a web margin of 1,095.71%. The business had income of ($ 0.58) million for the quarter, compared to analyst quotes of $1.03 million. Throughout the same quarter in 2014, the firm posted ($ 0.78) EPS. Equities research experts anticipate that Workhorse Group Inc. will upload -2.13 EPS for the present year.
Workhorse Group Business Profile.
Workhorse Group, Inc is a technology firm, which takes part in the stipulation of lasting services to the business transportation market. It runs as an initial devices producer, which creates as well as builds battery-electric vehicles including vehicles as well as airplane. The firm additionally creates all-electric delivery van as well as drone systems.