Workhorse Group Inc. (NASDAQ: WKHS) stocks closed 0.0% lower than its previous 52 week reduced, giving 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 5 years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 dropped 0.2%.
– Trading volume this week was 16.9% less than the 20-day standard.
– Beta, a measure of the stock’s volatility relative to the overall market stands at 0.3.
– The Relative Toughness Index (RSI) on the stock was under 30, showing it might be underbought.
– MACD, a trend-following momentum sign, suggests a downward fad.
– The stock shut above its Bollinger band, suggesting it may be overbought.
Market Relative Performance
– The business’s share rate is the same as the S&P 500 Index, delays it on a 1-year basis, and also delays 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, as well as lags it on a 5-year basis
– The company share cost coincides as the efficiency of its peers in the Industrials market market, lags it on a 1-year basis, and also lags it on a 5 year basis
Per Group Relative Performance
– The company’s stock price performance year-to-date delays the peer average by -254.1%.
– The business’s stock rate efficiency over the past year delays the peer average by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York State Common Retirement Fund.
New York City State Common Retirement Fund reduced its setting in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the firm in its newest Kind 13F filing with the Securities and Exchange Compensation. The institutional financier had 75,563 shares of the firm’s stock after offering 31,122 shares during the period. New York State Common Retirement Fund had 0.06% of Workhorse Group worth $578,000 at the end of the most current quarter.
A number of other hedge funds have likewise just recently changed their holdings of the stock. BlackRock Inc. expanded its risk in shares of Workhorse Group by 16.5% during the second quarter. BlackRock Inc. currently owns 8,681,728 shares of the company’s stock worth $144,030,000 after buying an added 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. now possesses 5,514,304 shares of the firm’s stock worth $91,483,000 after acquiring an extra 223,161 shares in the last quarter. First Trust Advisors LP expanded its risk in shares of Workhorse Group by 76.7% during the second quarter.
First Trust Advisors LP now owns 3,468,016 shares of the company’s stock worth $57,534,000 after buying an added 1,505,563 shares in the last quarter. State Road Corp grew its stake in shares of Workhorse Group by 30.4% throughout the 2nd quarter. State Street Corp now owns 3,064,706 shares of the firm’s stock worth $50,843,000 after buying an added 714,188 shares in the last quarter. Finally, Geode Capital Administration LLC expanded its stake in shares of Workhorse Group by 21.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,076,971 shares of the business’s stock worth $34,456,000 after buying an extra 364,726 shares in the last quarter. Hedge funds as well as various other institutional capitalists possess 35.21% of the firm’s stock.
Numerous equities experts have issued records on WKHS shares. Cowen lowered their price goal 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 goal on shares of Workhorse Group from $10.00 to $7.50 and established a “neutral” score for the firm in a research study note on Thursday, September 23rd. Finally, Zacks Investment Research study devalued shares of Workhorse Group from a “acquire” score to a “hold” ranking in a study note on Thursday, November 11th. Six financial investment experts have actually ranked the stock with a hold ranking and one has actually appointed a buy rating to the company. Based upon data from MarketBeat, Workhorse Group currently has an average rating of “Hold” as well as a consensus target cost 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 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 easy relocating average of $5.21 and a 200-day easy moving average of $7.65. The firm has a debt-to-equity proportion of 0.18, a quick proportion of 1.52 and also a current proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its incomes outcomes on Tuesday, November 9th. The company reported ($ 0.77) revenues per share for the quarter, missing the consensus quote of ($ 0.19) by ($ 0.58). Workhorse Group had a negative 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 analyst quotes of $1.03 million. During the very same quarter in 2015, the firm published ($ 0.78) EPS. Equities study experts anticipate that Workhorse Group Inc. will upload -2.13 EPS for the current year.
Workhorse Group Company Profile.
Workhorse Group, Inc is a technology business, which takes part in the arrangement of lasting remedies to the commercial transport field. It runs as an initial equipment supplier, which makes and also develops battery-electric automobiles consisting of trucks and aircraft. The company likewise produces all-electric delivery van as well as drone systems.