NASDAQ: WKHS stocks closed 0.0% lower than its previous 52 week low, offering the company a market cap of $570M. The stock is presently down 16.1% year-to-date, down 84.3% over the past twelve month, and also down 30.9% over the past 5 years. This week, the Dow Jones Industrial Average dropped 0.5%, and also the S&P 500 dropped 0.2%.
– Trading quantity today was 16.9% lower than the 20-day standard.
– Beta, an action of the stock’s volatility relative to the overall market stands at 0.3.
– The Family Member Strength Index (RSI) on the stock was under 30, showing it may be underbought.
– MACD, a trend-following momentum sign, shows a downward pattern.
– The stock shut above its Bollinger band, suggesting it may be overbought.
Market Relative Efficiency
– The business’s share rate is the same as the S&P 500 Index, lags it on a 1-year basis, and also lags it on a 5-year basis
– The company’s share rate is the same as the Dow Jones Industrial Standard, lags it on a 1-year basis, as well as lags it on a 5-year basis
– The firm share rate is the same as the efficiency of its peers in the Industrials industry market, lags it on a 1-year basis, as well as delays it on a 5 year basis
Per Group Comparative Efficiency
– The firm’s stock price performance year-to-date lags the peer ordinary by -254.1%.
– The firm’s stock cost performance over the past 12 months lags the peer typical by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Offered by New York State Common Retirement Fund.
New York City 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 latest Type 13F declaring with the Securities as well as Exchange Commission. The institutional financier owned 75,563 shares of the business’s stock after offering 31,122 shares throughout the period. New York State Common Retired Life Fund owned 0.06% of Workhorse Group worth $578,000 at the end of one of the most recent quarter.
Numerous various other hedge funds have actually likewise recently changed their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% during the second quarter. BlackRock Inc. now possesses 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. grew its stake in shares of Workhorse Group by 4.2% throughout the second quarter. Vanguard Group Inc. currently possesses 5,514,304 shares of the company’s stock worth $91,483,000 after purchasing 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 currently possesses 3,468,016 shares of the company’s stock worth $57,534,000 after buying an extra 1,505,563 shares in the last quarter. State Street Corp grew its risk in shares of Workhorse Group by 30.4% during the second quarter. State Street Corp now possesses 3,064,706 shares of the firm’s stock worth $50,843,000 after purchasing an additional 714,188 shares in the last quarter. Lastly, Geode Capital Management LLC grew its risk in shares of Workhorse Group by 21.3% during the 2nd quarter. Geode Capital Management LLC now possesses 2,076,971 shares of the business’s stock worth $34,456,000 after buying an extra 364,726 shares in the last quarter. Hedge funds and also various other institutional investors have 35.21% of the business’s stock.
Several equities analysts have actually released reports on WKHS shares. Cowen decreased their cost objective on shares of Workhorse Group from $8.50 to $7.50 and set a “market execute” score for the company in a research note on Wednesday, September 22nd. DA Davidson reduced their rate purpose on shares of Workhorse Group from $10.00 to $7.50 and set a “neutral” score for the firm in a study note on Thursday, September 23rd. Lastly, Zacks Financial investment Research study reduced shares of Workhorse Group from a “acquire” ranking to a “hold” ranking in a research note on Thursday, November 11th. Six assets analysts have actually ranked the stock with a hold rating and one has designated a buy score to the business. Based upon data from MarketBeat, Workhorse Group currently has an ordinary rating of “Hold” and also an agreement target price 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 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 easy relocating standard of $5.21 and a 200-day easy moving standard of $7.65. The firm has a debt-to-equity proportion of 0.18, a quick ratio of 1.52 and also a current proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last revealed its profits results on Tuesday, November 9th. The business reported ($ 0.77) earnings per share for the quarter, missing out on the agreement estimate 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 analyst estimates of $1.03 million. During the very same quarter in 2015, the business posted ($ 0.78) EPS. Equities study experts anticipate that Workhorse Group Inc. will certainly upload -2.13 EPS for the present year.
Workhorse Group Business Profile.
Workhorse Group, Inc is an innovation firm, which takes part in the arrangement of sustainable solutions to the industrial transport market. It runs as an original tools supplier, which designs and develops battery-electric cars consisting of vehicles and aircraft. The firm also creates all-electric delivery trucks as well as drone systems.