Workhorse Group Inc. (NASDAQ: WKHS) stocks shut 0.0% less than its previous 52 week low, offering the business a market cap of $570M. The stock is presently down 16.1% year-to-date, down 84.3% over the past 12 months, as well as down 30.9% over the past five years. This week, 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 average.
– Beta, a measure of the stock’s volatility relative to the general market stands at 0.3.
– The Loved One Stamina Index (RSI) on the stock was under 30, showing it may be underbought.
– MACD, a trend-following momentum indicator, shows a down fad.
– The stock closed over its Bollinger band, showing it may be overbought.
Market Comparative Performance
– The company’s share cost is the same as the S&P 500 Index, delays it on a 1-year basis, as well as delays it on a 5-year basis
– The firm’s share price coincides as the Dow Jones Industrial Average, lags it on a 1-year basis, as well as delays it on a 5-year basis
– The firm share rate coincides as the efficiency of its peers in the Industrials industry field, lags it on a 1-year basis, and delays it on a 5 year basis
Per Group Relative Performance
– The firm’s stock rate efficiency year-to-date lags the peer typical by -254.1%.
– The company’s stock cost efficiency over the past 12 months delays the peer typical by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Offered by New York City State Common Retirement Fund.
New York City State Common Retirement Fund decreased its placement in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the firm in its newest Type 13F declaring with the Securities as well as Exchange Payment. The institutional capitalist had 75,563 shares of the firm’s stock after marketing 31,122 shares during the duration. New York State Common Retirement Fund possessed 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 recently customized their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% throughout the 2nd quarter. BlackRock Inc. now possesses 8,681,728 shares of the business’s stock worth $144,030,000 after purchasing an extra 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. now has 5,514,304 shares of the firm’s stock worth $91,483,000 after buying an additional 223,161 shares in the last quarter. First Trust Advisors LP grew its risk 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 buying an additional 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 owns 3,064,706 shares of the business’s stock worth $50,843,000 after purchasing an additional 714,188 shares in the last quarter. Finally, Geode Capital Monitoring LLC grew 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 business’s stock worth $34,456,000 after purchasing an added 364,726 shares in the last quarter. Hedge funds and also other institutional investors have 35.21% of the business’s stock.
Numerous equities analysts have actually issued records on WKHS shares. Cowen lowered their rate objective on shares of Workhorse Group from $8.50 to $7.50 and set a “market carry out” rating for the company 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 as well as set a “neutral” score for the business in a research note on Thursday, September 23rd. Ultimately, Zacks Financial investment Research devalued shares of Workhorse Group from a “get” rating to a “hold” score in a study note on Thursday, November 11th. 6 assets analysts have ranked the stock with a hold score and one has actually designated a buy score to the firm. Based upon information from MarketBeat, Workhorse Group presently has a typical score of “Hold” as well as a consensus target rate of $9.00.
Shares of WKHS opened 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 a beta of 2.48. The firm has a 50-day simple moving standard of $5.21 and also a 200-day straightforward moving average of $7.65. The firm has a debt-to-equity proportion of 0.18, a fast ratio of 1.52 and also a current ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its profits results on Tuesday, November 9th. The company reported ($ 0.77) incomes 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 a web margin of 1,095.71%. The business had profits of ($ 0.58) million for the quarter, contrasted to expert price quotes of $1.03 million. Throughout the exact same quarter in 2014, the business uploaded ($ 0.78) EPS. Equities study experts anticipate that Workhorse Group Inc. will publish -2.13 EPS for the current year.
Workhorse Group Business Profile.
Workhorse Group, Inc is a technology firm, which engages in the arrangement of sustainable options to the industrial transportation sector. It operates as an initial tools manufacturer, which designs and develops battery-electric automobiles including vehicles and also airplane. The company also develops all-electric delivery van as well as drone systems.