Workhorse (WKHS) stocks shut 0.0% less than its previous 52 week reduced, offering 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 also down 30.9% over the past five years. Today, the Dow Jones Industrial Average dropped 0.5%, and also the S&P 500 dropped 0.2%.
– Trading quantity today was 16.9% less than the 20-day standard.
– Beta, an action of the stock’s volatility about the general market stands at 0.3.
– The Relative Toughness Index (RSI) on the stock was under 30, suggesting it may be underbought.
– MACD, a trend-following momentum sign, shows a downward pattern.
– The stock shut over its Bollinger band, indicating it might be overbought.
Market Relative Efficiency
– The business’s share rate coincides as the S&P 500 Index, delays it on a 1-year basis, and lags it on a 5-year basis
– The company’s share price is the same as the Dow Jones Industrial Standard, lags it on a 1-year basis, and also lags it on a 5-year basis
– The business share price coincides as the efficiency of its peers in the Industrials industry sector, delays it on a 1-year basis, and also lags it on a 5 year basis
Per Group Relative Efficiency
– The company’s stock price efficiency year-to-date delays the peer ordinary by -254.1%.
– The firm’s stock rate performance over the past 12 months delays the peer typical by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York City State Common Retirement Fund.
New York State Common Retired life Fund reduced its placement in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the company in its most recent Form 13F filing with the Stocks and also Exchange Compensation. The institutional investor owned 75,563 shares of the company’s stock after marketing 31,122 shares during the period. New York State Common Retired Life Fund possessed 0.06% of Workhorse Group worth $578,000 at the end of one of the most current quarter.
Several other hedge funds have also recently changed their holdings of the stock. BlackRock Inc. grew its stake in shares of Workhorse Group by 16.5% during the second quarter. BlackRock Inc. now possesses 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. grew its risk in shares of Workhorse Group by 4.2% during the 2nd quarter. Vanguard Group Inc. currently owns 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% throughout the 2nd quarter.
First Trust Advisors LP currently has 3,468,016 shares of the firm’s stock worth $57,534,000 after purchasing an additional 1,505,563 shares in the last quarter. State Street Corp expanded its stake in shares of Workhorse Group by 30.4% during the second quarter. State Street Corp currently possesses 3,064,706 shares of the business’s stock worth $50,843,000 after purchasing an extra 714,188 shares in the last quarter. Finally, Geode Capital Administration LLC grew its stake in shares of Workhorse Group by 21.3% throughout the second quarter. Geode Capital Management LLC currently has 2,076,971 shares of the firm’s stock worth $34,456,000 after acquiring an extra 364,726 shares in the last quarter. Hedge funds and also various other institutional capitalists have 35.21% of the business’s stock.
Numerous equities analysts have provided records on WKHS shares. Cowen lowered their cost goal on shares of Workhorse Group from $8.50 to $7.50 as well as set a “market do” rating for the firm in a research note on Wednesday, September 22nd. DA Davidson lowered their cost 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 Investment Research study reduced shares of Workhorse Group from a “get” ranking to a “hold” score in a study note on Thursday, November 11th. 6 assets experts have actually ranked the stock with a hold rating and also one has actually appointed a buy ranking to the business. Based upon information from MarketBeat, Workhorse Group presently has an average score of “Hold” and an agreement 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 company has a market capitalization of $570.91 million, a price-to-earnings ratio of 3.45 and also a beta of 2.48. The company has a 50-day straightforward relocating standard of $5.21 and a 200-day basic relocating average of $7.65. The company has a debt-to-equity ratio of 0.18, a fast proportion of 1.52 as well as a present ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its earnings results on Tuesday, November 9th. The business reported ($ 0.77) revenues per share for the quarter, missing the consensus estimate of ($ 0.19) by ($ 0.58). Workhorse Group had an adverse return on equity of 84.79% and an internet margin of 1,095.71%. The business had earnings of ($ 0.58) million for the quarter, compared to expert price quotes of $1.03 million. During the very same quarter in 2014, the company posted ($ 0.78) EPS. Equities research study experts anticipate that Workhorse Group Inc. will certainly post -2.13 EPS for the existing year.
Workhorse Group Firm Profile.
Workhorse Group, Inc is a technology firm, which engages in the stipulation of sustainable remedies to the industrial transport market. It runs as an original equipment producer, which makes and also develops battery-electric cars consisting of vehicles as well as aircraft. The company additionally produces all-electric delivery trucks and also drone systems.