Workhorse Group Inc. (NASDAQ: WKHS) stocks closed 0.0% lower than its previous 52 week reduced, giving the firm a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past one year, as well as down 30.9% over the past 5 years. Today, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 dropped 0.2%.
– Trading quantity today was 16.9% lower than the 20-day standard.
– Beta, a step of the stock’s volatility relative to the general market stands at 0.3.
– The Family Member Stamina Index (RSI) on the stock was under 30, suggesting it might be underbought.
– MACD, a trend-following momentum indicator, suggests a downward pattern.
– The stock closed over its Bollinger band, indicating it may be overbought.
Market Relative Efficiency
– The business’s share price 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 company’s share price coincides as the Dow Jones Industrial Standard, delays it on a 1-year basis, and delays it on a 5-year basis
– The business share cost coincides as the performance of its peers in the Industrials market sector, lags it on a 1-year basis, as well as lags it on a 5 year basis
Per Group Comparative Efficiency
– The company’s stock price efficiency year-to-date lags the peer typical by -254.1%.
– The business’s stock price performance over the past one year delays the peer typical by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York State Common Retirement Fund.
New York State Common Retired life Fund reduced its placement in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the company in its newest Kind 13F declaring with the Stocks and Exchange Commission. The institutional financier owned 75,563 shares of the business’s stock after selling 31,122 shares throughout the duration. New York City State Common Retired Life Fund possessed 0.06% of Workhorse Group worth $578,000 at the end of the most recent quarter.
Numerous various other hedge funds have actually also lately modified their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% during the second quarter. BlackRock Inc. currently possesses 8,681,728 shares of the business’s stock worth $144,030,000 after acquiring an additional 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. currently owns 5,514,304 shares of the company’s stock worth $91,483,000 after acquiring an extra 223,161 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Workhorse Group by 76.7% throughout the 2nd quarter.
First Trust Advisors LP currently possesses 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 Street Corp expanded its stake in shares of Workhorse Group by 30.4% throughout the second quarter. State Road Corp now owns 3,064,706 shares of the company’s stock worth $50,843,000 after acquiring an extra 714,188 shares in the last quarter. Ultimately, Geode Capital Management LLC grew its risk in shares of Workhorse Group by 21.3% during the 2nd quarter. Geode Capital Management LLC currently possesses 2,076,971 shares of the business’s stock worth $34,456,000 after buying an additional 364,726 shares in the last quarter. Hedge funds as well as various other institutional investors possess 35.21% of the company’s stock.
Numerous equities analysts have released records on WKHS shares. Cowen reduced their price objective on shares of Workhorse Group from $8.50 to $7.50 and established a “market execute” score for the firm 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 study note on Thursday, September 23rd. Ultimately, Zacks Financial investment Research devalued shares of Workhorse Group from a “acquire” ranking to a “hold” score in a study note on Thursday, November 11th. Six assets analysts have ranked the stock with a hold ranking as well as one has designated a buy ranking to the business. Based on information from MarketBeat, Workhorse Group presently has an ordinary score of “Hold” as well as an agreement 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 as well as 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 and a beta of 2.48. The firm has a 50-day easy relocating standard of $5.21 and also a 200-day straightforward moving standard of $7.65. The business has a debt-to-equity ratio of 0.18, a fast ratio of 1.52 and also an existing ratio of 1.87.
Workhorse Group (NASDAQ: WKHS) last introduced its earnings results on Tuesday, November 9th. The firm reported ($ 0.77) incomes per share for the quarter, missing out on the agreement estimate of ($ 0.19) by ($ 0.58). Workhorse Group had an adverse return on equity of 84.79% as well as a net margin of 1,095.71%. Business had earnings of ($ 0.58) million for the quarter, contrasted to analyst price quotes of $1.03 million. Throughout the same quarter in 2015, the business published ($ 0.78) EPS. Equities research study analysts forecast that Workhorse Group Inc. will publish -2.13 EPS for the existing year.
Workhorse Group Company Account.
Workhorse Group, Inc is an innovation business, which participates in the arrangement of sustainable solutions to the business transportation field. It operates as an original tools supplier, which makes as well as constructs battery-electric cars consisting of trucks and also airplane. The company additionally creates all-electric delivery van as well as drone systems.