Currently, there are 9.47M common shares owned by the public and among those 9.43M shares have been available to trade.
The company’s stock has a 5-day price change of 204.83% and 265.29% over the past three months. WKHS shares are trading -76.27% year to date (YTD), with the 12-month market performance down to -49.34% lower. It has a 12-month low price of $0.81 and touched a high of $28.12 over the same period. WKHS has an average intraday trading volume of 1.84 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 185.20%, 267.42%, and -28.19% respectively.
Institutional ownership of Workhorse Group Inc (NASDAQ: WKHS) shares accounts for 2.20% of the company’s 9.47M shares outstanding.
It has a market capitalization of $41.87M and a beta (3y monthly) value of 2.58. The earnings-per-share (ttm) stands at -$45.16. Price movements for the stock have been influenced by the stock’s volatility, which stands at 54.60% over the week and 20.53% over the month.
Looking at the support for the WKHS, a number of firms have released research notes about the stock. ROTH Capital stated their Neutral rating for the stock in a research note on August 09, 2022, with the firm’s price target at $7-$3.50. R. F. Lafferty coverage for the Workhorse Group Inc (WKHS) stock in a research note released on March 03, 2022 offered a Buy rating with a price target of $6. ROTH Capital was of a view on March 02, 2022 that the stock is Buy, while R. F. Lafferty gave the stock Hold rating on February 02, 2022, issuing a price target of $4. DA Davidson on their part issued Neutral rating on August 11, 2021.
