NASDAQ: WKHS stocks closed 0.0% lower than its previous 52 week reduced, providing the company a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past 12 months, and down 30.9% over the past 5 years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 dropped 0.2%.
Trading Task
– Trading quantity today was 16.9% less than the 20-day average.
– Beta, a step of the stock’s volatility relative to the overall market stands at 0.3.
Technical Indicators
– The Family Member Stamina Index (RSI) on the stock was under 30, showing it may be underbought.
– MACD, a trend-following momentum indicator, suggests a down pattern.
– The stock shut over its Bollinger band, indicating it may be overbought.
Market Relative Performance
– The company’s share price is the same as the S&P 500 Index, lags it on a 1-year basis, as well as delays it on a 5-year basis
– The firm’s share rate is the same as the Dow Jones Industrial Average, delays it on a 1-year basis, and also lags it on a 5-year basis
– The company share price is the same as the efficiency of its peers in the Industrials industry market, delays it on a 1-year basis, and lags it on a 5 year basis
Per Group Comparative Efficiency
– The company’s stock cost efficiency year-to-date delays the peer average by -254.1%.
– The business’s stock cost efficiency over the past year delays the peer typical by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York State Common Retired Life Fund.
New York City State Common Retirement Fund reduced its placement in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the business in its newest Type 13F declaring with the Stocks and Exchange Commission. The institutional financier had 75,563 shares of the company’s stock after selling 31,122 shares throughout the period. New York City State Common Retired Life Fund owned 0.06% of Workhorse Group worth $578,000 at the end of one of the most current quarter.
Several various other hedge funds have actually additionally lately changed their holdings of the stock. BlackRock Inc. expanded its stake in shares of Workhorse Group by 16.5% during the second quarter. BlackRock Inc. currently has 8,681,728 shares of the company’s stock worth $144,030,000 after buying an extra 1,229,762 shares in the last quarter. Vanguard Group Inc. expanded its risk in shares of Workhorse Group by 4.2% during the 2nd quarter. Vanguard Group Inc. currently has 5,514,304 shares of the firm’s stock worth $91,483,000 after acquiring an added 223,161 shares in the last quarter. First Trust Advisors LP expanded its stake in shares of Workhorse Group by 76.7% during the second quarter.
First Trust Advisors LP now has 3,468,016 shares of the firm’s stock worth $57,534,000 after buying an extra 1,505,563 shares in the last quarter. State Road Corp grew its risk in shares of Workhorse Group by 30.4% during the 2nd quarter. State Road Corp now owns 3,064,706 shares of the business’s stock worth $50,843,000 after acquiring an additional 714,188 shares in the last quarter. Lastly, Geode Capital Administration LLC expanded its stake in shares of Workhorse Group by 21.3% throughout 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 additional 364,726 shares in the last quarter. Hedge funds and also other institutional financiers own 35.21% of the business’s stock.
Several equities analysts have actually issued records on WKHS shares. Cowen decreased their rate objective on shares of Workhorse Group from $8.50 to $7.50 and also established a “market carry out” rating for the company in a study note on Wednesday, September 22nd. DA Davidson lowered their rate objective on shares of Workhorse Group from $10.00 to $7.50 and established a “neutral” score for the business in a research study note on Thursday, September 23rd. Finally, Zacks Investment Research study devalued shares of Workhorse Group from a “buy” score to a “hold” ranking in a study note on Thursday, November 11th. 6 assets experts have actually rated the stock with a hold ranking as well as one has actually designated a buy score to the company. Based on data from MarketBeat, Workhorse Group presently has a typical score of “Hold” and also a consensus 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 business 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 basic relocating average of $5.21 as well as a 200-day easy moving average of $7.65. The business has a debt-to-equity proportion of 0.18, a fast ratio of 1.52 and a present ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last introduced its incomes results on Tuesday, November 9th. The business reported ($ 0.77) profits per share for the quarter, missing out on the agreement estimate of ($ 0.19) by ($ 0.58). Workhorse Group had an unfavorable return on equity of 84.79% as well as an internet margin of 1,095.71%. Business had profits of ($ 0.58) million for the quarter, contrasted to expert estimates of $1.03 million. During the very same quarter in 2015, the firm posted ($ 0.78) EPS. Equities research experts forecast that Workhorse Group Inc. will publish -2.13 EPS for the present year.
Workhorse Group Firm Profile.
Workhorse Group, Inc is an innovation business, which takes part in the provision of lasting remedies to the industrial transportation industry. It operates as an initial tools producer, which makes and constructs battery-electric vehicles consisting of trucks and also airplane. The company also creates all-electric delivery trucks and also drone systems.
