Workhorse Group Inc (WKHS) shares closed 0.0% less than its previous 52 week low, giving the business a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past one year, and also down 30.9% over the past 5 years. Today, the Dow Jones Industrial Average fell 0.5%, and also the S&P 500 dropped 0.2%.
– Trading quantity today was 16.9% less than the 20-day average.
– Beta, a procedure of the stock’s volatility relative to the general market stands at 0.3.
– The Loved One Toughness Index (RSI) on the stock was under 30, indicating it might be underbought.
– MACD, a trend-following energy sign, suggests a down pattern.
– The stock shut over its Bollinger band, indicating it may be overbought.
Market Relative Efficiency
– The company’s share rate is the same as the S&P 500 Index, lags it on a 1-year basis, and also delays it on a 5-year basis
– The business’s share rate is the same as the Dow Jones Industrial Standard, delays it on a 1-year basis, and delays it on a 5-year basis
– The business share rate coincides 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 company’s stock rate efficiency year-to-date lags the peer average by -254.1%.
– The company’s stock rate efficiency over the past one year delays the peer average 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 decreased its setting in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the business in its newest Form 13F filing with the Stocks as well as Exchange Compensation. The institutional capitalist possessed 75,563 shares of the company’s stock after selling 31,122 shares throughout the period. New York State Common Retirement Fund owned 0.06% of Workhorse Group worth $578,000 at the end of the most current quarter.
Several other hedge funds have also lately customized their holdings of the stock. BlackRock Inc. expanded its risk in shares of Workhorse Group by 16.5% throughout the 2nd quarter. BlackRock Inc. currently has 8,681,728 shares of the firm’s stock worth $144,030,000 after purchasing an added 1,229,762 shares in the last quarter. Vanguard Group Inc. grew its risk in shares of Workhorse Group by 4.2% during the second quarter. Vanguard Group Inc. now possesses 5,514,304 shares of the business’s stock worth $91,483,000 after acquiring an added 223,161 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Workhorse Group by 76.7% throughout the second quarter.
First Trust Advisors LP currently owns 3,468,016 shares of the business’s stock worth $57,534,000 after acquiring an added 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 company’s stock worth $50,843,000 after purchasing an additional 714,188 shares in the last quarter. Lastly, Geode Capital Administration LLC expanded its risk in shares of Workhorse Group by 21.3% throughout the second quarter. Geode Capital Management LLC currently possesses 2,076,971 shares of the business’s stock worth $34,456,000 after acquiring an additional 364,726 shares in the last quarter. Hedge funds and various other institutional financiers own 35.21% of the business’s stock.
Numerous equities experts have actually issued records on WKHS shares. Cowen lowered their cost objective on shares of Workhorse Group from $8.50 to $7.50 and also established a “market execute” rating for the firm in a study note on Wednesday, September 22nd. DA Davidson reduced their price 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. Finally, Zacks Investment Research study reduced shares of Workhorse Group from a “purchase” rating to a “hold” ranking in a research study note on Thursday, November 11th. Six financial investment experts have ranked the stock with a hold ranking as well as one has designated a buy ranking to the firm. Based upon data from MarketBeat, Workhorse Group currently has an ordinary score of “Hold” and also a consensus 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 also a fifty-two week high of $42.96. The company has a market capitalization of $570.91 million, a price-to-earnings proportion of 3.45 as well as a beta of 2.48. The company has a 50-day simple moving average of $5.21 and a 200-day straightforward relocating standard of $7.65. The business has a debt-to-equity ratio of 0.18, a fast proportion of 1.52 and an existing proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its profits results on Tuesday, November 9th. The company reported ($ 0.77) revenues per share for the quarter, missing out on the consensus estimate of ($ 0.19) by ($ 0.58). Workhorse Group had an unfavorable return on equity of 84.79% and a net margin of 1,095.71%. Business had income of ($ 0.58) million for the quarter, contrasted to expert estimates of $1.03 million. Throughout the same quarter in 2014, the company published ($ 0.78) EPS. Equities research study experts anticipate that Workhorse Group Inc. will publish -2.13 EPS for the existing year.
Workhorse Group Business Account.
Workhorse Group, Inc is a modern technology company, which participates in the stipulation of lasting solutions to the industrial transportation industry. It operates as an initial equipment manufacturer, which creates and also constructs battery-electric autos consisting of trucks as well as airplane. The firm likewise develops all-electric delivery trucks as well as drone systems.