Workhorse Group Inc. (NASDAQ: WKHS) stocks shut 0.0% less than its previous 52 week low, giving the firm a market cap of $570M. The stock is presently down 16.1% year-to-date, down 84.3% over the past one year, and also 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 this week was 16.9% less than the 20-day standard.
– Beta, a procedure of the stock’s volatility relative to the total market stands at 0.3.
– The Relative Strength Index (RSI) on the stock was under 30, suggesting it might be underbought.
– MACD, a trend-following momentum indicator, indicates a down pattern.
– The stock shut over its Bollinger band, showing it might be overbought.
Market Relative Efficiency
– The firm’s share rate is the same as the S&P 500 Index, lags it on a 1-year basis, as well as 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 delays it on a 5-year basis
– The firm share price coincides as the performance of its peers in the Industrials market field, lags it on a 1-year basis, and lags it on a 5 year basis
Per Group Comparative Performance
– The business’s stock rate efficiency year-to-date delays the peer average by -254.1%.
– The business’s stock cost efficiency over the past twelve month delays the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Marketed 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 third quarter, according to the firm in its latest Form 13F declaring with the Securities and also Exchange Compensation. The institutional capitalist possessed 75,563 shares of the company’s stock after selling 31,122 shares throughout the period. New York City State Common Retirement Fund had 0.06% of Workhorse Group worth $578,000 at the end of the most current quarter.
Numerous other hedge funds have actually likewise just recently customized their holdings of the stock. BlackRock Inc. expanded its stake in shares of Workhorse Group by 16.5% throughout the 2nd quarter. BlackRock Inc. now owns 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 stake in shares of Workhorse Group by 4.2% throughout the 2nd quarter. Vanguard Group Inc. now possesses 5,514,304 shares of the firm’s stock worth $91,483,000 after buying an added 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 now owns 3,468,016 shares of the company’s stock worth $57,534,000 after acquiring an extra 1,505,563 shares in the last quarter. State Street Corp grew its stake in shares of Workhorse Group by 30.4% during the second quarter. State Road Corp currently owns 3,064,706 shares of the company’s stock worth $50,843,000 after purchasing an extra 714,188 shares in the last quarter. Lastly, Geode Capital Management LLC expanded its risk in shares of Workhorse Group by 21.3% throughout the 2nd quarter. Geode Capital Management LLC currently owns 2,076,971 shares of the business’s stock worth $34,456,000 after purchasing an extra 364,726 shares in the last quarter. Hedge funds and various other institutional financiers have 35.21% of the business’s stock.
Several equities analysts have actually released records on WKHS shares. Cowen lowered their price objective on shares of Workhorse Group from $8.50 to $7.50 and established a “market execute” ranking for the company in a research note on Wednesday, September 22nd. DA Davidson reduced their cost objective on shares of Workhorse Group from $10.00 to $7.50 and set a “neutral” rating for the company in a research note on Thursday, September 23rd. Finally, Zacks Investment Research study devalued shares of Workhorse Group from a “purchase” score to a “hold” score in a research study note on Thursday, November 11th. 6 investment analysts have rated the stock with a hold score and also one has appointed a buy score to the company. Based upon data from MarketBeat, Workhorse Group presently has an ordinary ranking of “Hold” as well as a consensus target cost 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 firm 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 simple moving standard of $5.21 as well as a 200-day easy moving average of $7.65. The company has a debt-to-equity ratio of 0.18, a fast proportion of 1.52 as well as an existing proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its profits outcomes on Tuesday, November 9th. The company reported ($ 0.77) earnings per share for the quarter, missing out on the agreement price quote of ($ 0.19) by ($ 0.58). Workhorse Group had an unfavorable return on equity of 84.79% and also an internet margin of 1,095.71%. Business had revenue of ($ 0.58) million for the quarter, contrasted to analyst price quotes of $1.03 million. Throughout the very same quarter in 2014, the company posted ($ 0.78) EPS. Equities study experts anticipate that Workhorse Group Inc. will certainly upload -2.13 EPS for the present year.
Workhorse Group Business Account.
Workhorse Group, Inc is a modern technology business, which takes part in the arrangement of lasting solutions to the commercial transport sector. It runs as an original equipment producer, which makes and also builds battery-electric cars including vehicles and also airplane. The company additionally produces all-electric delivery van and also drone systems.