Workhorse Group Inc (WKHS) concluded trading on Wednesday at a closing price of $0.30, with 4.08 million shares of worth about $1.22 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -57.27% during that period and on Wednesday the price saw a gain of about 3.23%. Currently the company’s common shares owned by public are about 260.89M shares, out of which, 240.33M shares are available for trading.
However, the stock later moved at a day high price of 0.3144, or with a gain of 3.23%. Stock saw a price change of -9.43% in past 5 days and over the past one month there was a price change of 16.56%. Year-to-date (YTD), WKHS shares are showing a performance of -15.72% which decreased to -83.95% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.23 but also hit the highest price of $2.02 during that period. The average intraday trading volume for Workhorse Group Inc shares is 8.18 million. The stock is currently trading 4.65% above its 20-day simple moving average (SMA20), while that difference is down -1.60% for SMA50 and it goes to -48.97% lower than SMA200.
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Workhorse Group Inc (NASDAQ: WKHS) currently have 260.89M outstanding shares and institutions hold larger chunk of about 19.49% of that.
The stock has a current market capitalization of $79.15M and its 3Y-monthly beta is at 2.53. It has posted earnings per share of -$0.65 in the same period. It has Quick Ratio of 2.20 while making debt-to-equity ratio of 0.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WKHS, volatility over the week remained 8.34% while standing at 10.89% over the month.
Stock’s fiscal year EPS is expected to rise by 34.24% while it is estimated to increase by 34.78% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by ROTH Capital on August 09, 2022 offering a Neutral rating for the stock and assigned a target price range of between $7 and $3.50 to it. Coverage by R. F. Lafferty stated Workhorse Group Inc (WKHS) stock as a Buy in their note to investors on March 03, 2022, suggesting a price target of $6 for the stock. On March 02, 2022, ROTH Capital Upgrade their recommendations, while on February 02, 2022, R. F. Lafferty Resumed their ratings for the stock with a price target of $4. Stock get a Neutral rating from DA Davidson on August 11, 2021.
