Workhorse Group Inc (WKHS) concluded trading on Thursday at a closing price of $0.57, with 5.06 million shares of worth about $2.88 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -65.72% during that period and on January 23, 2025 the price saw a loss of about -8.57%. Currently the company’s common shares owned by public are about 40.98M shares, out of which, 40.06M shares are available for trading.
Stock saw a price change of -19.84% in past 5 days and over the past one month there was a price change of -24.55%. Year-to-date (YTD), WKHS shares are showing a performance of -18.22% which decreased to -99.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.57 but also hit the highest price of $163.60 during that period. The average intraday trading volume for Workhorse Group Inc shares is 3.58 million. The stock is currently trading -23.09% below its 20-day simple moving average (SMA20), while that difference is down -38.69% for SMA50 and it goes to -97.01% lower than SMA200.
Workhorse Group Inc (NASDAQ: WKHS) currently have 40.98M outstanding shares and institutions hold larger chunk of about 4.88% of that.
The stock has a current market capitalization of $23.39M and its 3Y-monthly beta is at 2.62. It has posted earnings per share of -$7.47 in the same period. It has Quick Ratio of 0.29 while making debt-to-equity ratio of 0.44. 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 9.62% while standing at 11.00% over the month.
Analysts are in expectations that Workhorse Group Inc (WKHS) stock would likely to be making an EPS of -0.35 in the current quarter, while forecast for next quarter EPS is -0.23 and it is -0.72 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.35 which is -0.35 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -3.8 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 79.71% while it is estimated to increase by 51.13% 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.
