Workhorse Group Inc Shares Loss 0.0% Below Previous 52-Week Reduced – Market Mover

 WKHS shares  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, and down 30.9% over the past five years. This week, the Dow Jones Industrial Average dropped 0.5%, as well as the S&P 500 dropped 0.2%.

Trading Task

– Trading volume this week was 16.9% less than the 20-day average.
– Beta, a measure of the stock’s volatility relative to the overall market stands at 0.3.

Technical Indicators

– The Loved One Strength Index (RSI) on the stock was under 30, showing it may be underbought.
– MACD, a trend-following energy indicator, indicates a descending fad.
– The stock closed over its Bollinger band, suggesting it might be overbought.

Market Comparative Performance

– The business’s share price coincides as the S&P 500 Index, delays it on a 1-year basis, as well as delays it on a 5-year basis
– The business’s share cost is the same as the Dow Jones Industrial Average, lags it on a 1-year basis, as well as delays it on a 5-year basis
– The business share price coincides as the efficiency of its peers in the Industrials market sector, delays it on a 1-year basis, and also lags it on a 5 year basis

Per Group Relative Efficiency
– The business’s stock cost efficiency year-to-date delays the peer typical by -254.1%.
– The firm’s stock price performance over the past one year lags the peer average by -2311.9%.

Workhorse Group Inc. (NASDAQ: WKHS) Shares Sold by New York State Common Retirement Fund.

New York State Common Retired life Fund decreased its placement in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the firm in its most recent Type 13F filing with the Stocks and Exchange Compensation. The institutional financier possessed 75,563 shares of the company’s stock after marketing 31,122 shares during the period. New York State Common Retired Life Fund possessed 0.06% of Workhorse Group worth $578,000 at the end of one of the most recent quarter.

Several various other hedge funds have also lately customized their holdings of the stock. BlackRock Inc. expanded its risk in shares of Workhorse Group by 16.5% throughout the second quarter. BlackRock Inc. now owns 8,681,728 shares of the firm’s stock worth $144,030,000 after buying an additional 1,229,762 shares in the last quarter. Vanguard Group Inc. grew its risk in shares of Workhorse Group by 4.2% throughout the second quarter. Vanguard Group Inc. currently possesses 5,514,304 shares of the business’s stock worth $91,483,000 after acquiring an added 223,161 shares in the last quarter. First Trust Advisors LP grew its risk in shares of Workhorse Group by 76.7% throughout the 2nd quarter.

First Trust Advisors LP now possesses 3,468,016 shares of the company’s stock worth $57,534,000 after purchasing an added 1,505,563 shares in the last quarter. State Road Corp expanded its risk in shares of Workhorse Group by 30.4% during the 2nd quarter. State Road Corp currently has 3,064,706 shares of the business’s stock worth $50,843,000 after acquiring an additional 714,188 shares in the last quarter. Lastly, Geode Capital Monitoring LLC expanded its stake in shares of Workhorse Group by 21.3% during the 2nd quarter. Geode Capital Management LLC now possesses 2,076,971 shares of the company’s stock worth $34,456,000 after buying an added 364,726 shares in the last quarter. Hedge funds as well as other institutional capitalists possess 35.21% of the business’s stock.

Several equities experts have released records on WKHS shares. Cowen reduced their cost purpose on shares of Workhorse Group from $8.50 to $7.50 as well as established a “market carry out” score for the company in a research note on Wednesday, September 22nd. DA Davidson decreased their cost purpose on shares of Workhorse Group from $10.00 to $7.50 as well as established a “neutral” ranking for the firm in a study note on Thursday, September 23rd. Ultimately, Zacks Investment Research devalued shares of Workhorse Group from a “acquire” score to a “hold” score in a research study note on Thursday, November 11th. Six assets experts have actually rated the stock with a hold score and one has appointed a buy ranking to the firm. Based upon information from MarketBeat, Workhorse Group currently has an ordinary rating of “Hold” and also a consensus target cost of $9.00.

Shares of WKHS opened up at $3.66 on Wednesday. Workhorse Group Inc. has a fifty-two week low of $3.65 and also a fifty-two week high of $42.96. The company has a market capitalization of $570.91 million, a price-to-earnings ratio of 3.45 and also a beta of 2.48. The company has a 50-day easy moving average of $5.21 as well as a 200-day straightforward moving standard of $7.65. The firm has a debt-to-equity ratio of 0.18, a quick proportion of 1.52 as well as a current ratio of 1.87.

Workhorse Group (NASDAQ: WKHS) last introduced its revenues results on Tuesday, November 9th. The business reported ($ 0.77) earnings 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%. The business had profits of ($ 0.58) million for the quarter, compared to expert estimates of $1.03 million. Throughout the same quarter last year, the firm published ($ 0.78) EPS. Equities research experts anticipate that Workhorse Group Inc. will certainly post -2.13 EPS for the present year.

Workhorse Group Company Profile.

Workhorse Group, Inc is a modern technology company, which takes part in the stipulation of lasting remedies to the business transportation sector. It operates as an initial devices maker, which makes and also builds battery-electric vehicles including vehicles and airplane. The firm additionally produces all-electric delivery trucks and drone systems.

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