NASDAQ: WKHS stocks closed 0.0% lower than its previous 52 week low, providing the company a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past year, and down 30.9% over the past five years. Today, the Dow Jones Industrial Average fell 0.5%, and also the S&P 500 fell 0.2%.
– Trading volume today 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 Loved One Toughness Index (RSI) on the stock was under 30, indicating it may be underbought.
– MACD, a trend-following energy sign, indicates a downward trend.
– The stock shut over its Bollinger band, indicating it might be overbought.
Market Relative Performance
– The firm’s share rate is the same as the S&P 500 Index, delays it on a 1-year basis, and lags it on a 5-year basis
– The business’s share price is the same as the Dow Jones Industrial Average, delays it on a 1-year basis, and also delays it on a 5-year basis
– The business share price coincides as the efficiency of its peers in the Industrials industry field, lags it on a 1-year basis, and also lags it on a 5 year basis
Per Group Comparative Performance
– The company’s stock price performance year-to-date delays the peer typical by -254.1%.
– The business’s stock price performance over the past twelve month delays 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 decreased its position in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the business in its most recent Type 13F declaring with the Stocks as well as Exchange Payment. The institutional financier had 75,563 shares of the company’s stock after marketing 31,122 shares during the period. New York State Common Retirement Fund had 0.06% of Workhorse Group worth $578,000 at the end of the most recent quarter.
Numerous other hedge funds have additionally recently changed their holdings of the stock. BlackRock Inc. expanded its risk in shares of Workhorse Group by 16.5% throughout the second quarter. BlackRock Inc. currently owns 8,681,728 shares of the firm’s stock worth $144,030,000 after purchasing an additional 1,229,762 shares in the last quarter. Vanguard Group Inc. expanded its stake in shares of Workhorse Group by 4.2% throughout the 2nd quarter. Vanguard Group Inc. currently owns 5,514,304 shares of the company’s stock worth $91,483,000 after acquiring an additional 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 now possesses 3,468,016 shares of the company’s stock worth $57,534,000 after purchasing an added 1,505,563 shares in the last quarter. State Street Corp expanded its stake in shares of Workhorse Group by 30.4% during the 2nd quarter. State Road Corp now possesses 3,064,706 shares of the business’s stock worth $50,843,000 after purchasing an added 714,188 shares in the last quarter. Finally, Geode Capital Monitoring LLC grew its risk in shares of Workhorse Group by 21.3% throughout the second quarter. Geode Capital Management LLC currently owns 2,076,971 shares of the firm’s stock worth $34,456,000 after purchasing an additional 364,726 shares in the last quarter. Hedge funds and also various other institutional capitalists have 35.21% of the business’s stock.
Several equities analysts have actually released records on WKHS shares. Cowen lowered their price purpose on shares of Workhorse Group from $8.50 to $7.50 and also established a “market carry out” score for the company in a research study note on Wednesday, September 22nd. DA Davidson reduced their price objective on shares of Workhorse Group from $10.00 to $7.50 and set a “neutral” score for the company in a research study note on Thursday, September 23rd. Finally, Zacks Financial investment Research study devalued shares of Workhorse Group from a “buy” score to a “hold” rating in a research note on Thursday, November 11th. 6 financial investment experts have actually ranked the stock with a hold rating and also one has assigned a buy rating to the firm. Based on information from MarketBeat, Workhorse Group currently has an ordinary rating of “Hold” and an agreement 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 company 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 relocating standard of $5.21 and also a 200-day simple moving standard of $7.65. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.52 and an existing proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its profits results on Tuesday, November 9th. The company reported ($ 0.77) incomes 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% and a web margin of 1,095.71%. The business had profits of ($ 0.58) million for the quarter, contrasted to analyst quotes of $1.03 million. During the same quarter in 2015, the company posted ($ 0.78) EPS. Equities research study analysts anticipate that Workhorse Group Inc. will certainly publish -2.13 EPS for the existing year.
Workhorse Group Firm Account.
Workhorse Group, Inc is a technology company, which takes part in the provision of sustainable services to the commercial transportation field. It operates as an initial equipment supplier, which develops and builds battery-electric automobiles consisting of trucks and also airplane. The firm also develops all-electric delivery van and also drone systems.