Workhorse Group Inc. (NASDAQ: WKHS) stocks closed 0.0% less 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 one year, and also down 30.9% over the past five years. Today, the Dow Jones Industrial Average dropped 0.5%, and also the S&P 500 dropped 0.2%.
– Trading volume this week was 16.9% lower than the 20-day average.
– Beta, a procedure of the stock’s volatility relative to the general market stands at 0.3.
– The Relative Stamina Index (RSI) on the stock was under 30, showing it might be underbought.
– MACD, a trend-following momentum sign, shows a descending trend.
– The stock closed above its Bollinger band, indicating it may be overbought.
Market Relative Performance
– The firm’s share price coincides as the S&P 500 Index, delays it on a 1-year basis, and lags it on a 5-year basis
– The business’s share rate coincides as the Dow Jones Industrial Average, delays it on a 1-year basis, as well as delays it on a 5-year basis
– The business share cost is the same as the performance of its peers in the Industrials industry field, lags it on a 1-year basis, and lags it on a 5 year basis
Per Group Comparative Performance
– The company’s stock cost performance year-to-date delays the peer ordinary by -254.1%.
– The firm’s stock rate efficiency over the past twelve month lags the peer typical by -2311.9%.
Workhorse Group Inc. (NASDAQ: WKHS) Shares Offered by New York State Common Retirement Fund.
New York State Common Retirement Fund lowered its position in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the 3rd quarter, according to the business in its most recent Form 13F filing with the Securities as well as Exchange Commission. The institutional financier possessed 75,563 shares of the company’s stock after offering 31,122 shares throughout the duration. New York City State Common Retired Life Fund had 0.06% of Workhorse Group worth $578,000 at the end of the most recent quarter.
Several other hedge funds have actually likewise just recently customized their holdings of the stock. BlackRock Inc. expanded its risk in shares of Workhorse Group by 16.5% throughout the 2nd quarter. BlackRock Inc. currently possesses 8,681,728 shares of the business’s stock worth $144,030,000 after acquiring an added 1,229,762 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Workhorse Group by 4.2% throughout the 2nd quarter. Vanguard Group Inc. now has 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 expanded its risk in shares of Workhorse Group by 76.7% during the 2nd quarter.
First Trust Advisors LP currently 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 expanded its stake in shares of Workhorse Group by 30.4% during the 2nd quarter. State Road Corp now owns 3,064,706 shares of the firm’s stock worth $50,843,000 after buying an additional 714,188 shares in the last quarter. Ultimately, Geode Capital Monitoring LLC expanded its risk in shares of Workhorse Group by 21.3% during the second quarter. Geode Capital Management LLC now possesses 2,076,971 shares of the firm’s stock worth $34,456,000 after acquiring an extra 364,726 shares in the last quarter. Hedge funds as well as various other institutional financiers possess 35.21% of the company’s stock.
Several equities experts have released records on WKHS shares. Cowen decreased their cost goal on shares of Workhorse Group from $8.50 to $7.50 and also established a “market carry out” rating for the business in a research note on Wednesday, September 22nd. DA Davidson lowered their rate goal on shares of Workhorse Group from $10.00 to $7.50 as well as set a “neutral” rating for the company in a research note on Thursday, September 23rd. Lastly, Zacks Investment Research study reduced shares of Workhorse Group from a “acquire” ranking to a “hold” rating in a research study note on Thursday, November 11th. Six investment analysts have rated the stock with a hold score and also one has actually appointed a buy score to the business. Based on information from MarketBeat, Workhorse Group currently has an average ranking of “Hold” and an agreement target price 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 business has a market capitalization of $570.91 million, a price-to-earnings ratio of 3.45 and a beta of 2.48. The company has a 50-day straightforward relocating average of $5.21 as well as a 200-day simple relocating average of $7.65. The company has a debt-to-equity ratio of 0.18, a fast ratio of 1.52 and an existing proportion of 1.87.
Workhorse Group (NASDAQ: WKHS) last announced its profits results on Tuesday, November 9th. The business reported ($ 0.77) revenues 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 also a web margin of 1,095.71%. Business had revenue of ($ 0.58) million for the quarter, contrasted to analyst estimates of $1.03 million. During the same quarter in 2014, the firm uploaded ($ 0.78) EPS. Equities study analysts anticipate that Workhorse Group Inc. will post -2.13 EPS for the current year.
Workhorse Group Firm Account.
Workhorse Group, Inc is an innovation firm, which participates in the stipulation of lasting services to the industrial transport industry. It operates as an initial devices supplier, which develops as well as constructs battery-electric cars consisting of trucks as well as aircraft. The company additionally produces all-electric delivery van and also drone systems.