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

 Workhorse (WKHS) stocks  closed 0.0% lower than its previous 52 week low, providing the firm a market cap of $570M. The stock is currently down 16.1% year-to-date, down 84.3% over the past 12 months, as well as down 30.9% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 0.2%.

Trading Task

– Trading quantity today was 16.9% less than the 20-day average.
– Beta, a step of the stock’s volatility relative to the general market stands at 0.3.

Technical Indicators

– The Loved One Toughness Index (RSI) on the stock was under 30, showing it may be underbought.
– MACD, a trend-following momentum indication, indicates a descending pattern.
– The stock closed over its Bollinger band, indicating it might be overbought.

Market Relative Performance

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

Per Group Relative Efficiency
– The company’s stock rate performance year-to-date lags the peer typical by -254.1%.
– The firm’s stock price performance over the past twelve month lags the peer average by -2311.9%.

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

New York City State Common Retired life Fund reduced its placement in shares of Workhorse Group Inc. (NASDAQ: WKHS) by 29.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and also Exchange Compensation. The institutional financier had 75,563 shares of the company’s stock after selling 31,122 shares throughout the period. New York State Common Retirement Fund had 0.06% of Workhorse Group worth $578,000 at the end of one of the most recent quarter.

A number of other hedge funds have additionally just recently modified their holdings of the stock. BlackRock Inc. grew its risk in shares of Workhorse Group by 16.5% during the second quarter. BlackRock Inc. currently owns 8,681,728 shares of the business’s stock worth $144,030,000 after buying an additional 1,229,762 shares in the last quarter. Vanguard Group Inc. expanded its stake in shares of Workhorse Group by 4.2% throughout the second quarter. Vanguard Group Inc. now possesses 5,514,304 shares of the business’s stock worth $91,483,000 after purchasing an additional 223,161 shares in the last quarter. First Trust Advisors LP expanded its stake in shares of Workhorse Group by 76.7% during the 2nd quarter.

First Trust Advisors LP currently has 3,468,016 shares of the business’s stock worth $57,534,000 after purchasing an added 1,505,563 shares in the last quarter. State Road Corp grew its stake in shares of Workhorse Group by 30.4% during the second quarter. State Road Corp currently possesses 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 Management LLC expanded its stake in shares of Workhorse Group by 21.3% during the second quarter. Geode Capital Management LLC now possesses 2,076,971 shares of the business’s stock worth $34,456,000 after buying an additional 364,726 shares in the last quarter. Hedge funds and also various other institutional capitalists own 35.21% of the company’s stock.

A number of equities experts have issued reports on WKHS shares. Cowen decreased their cost goal on shares of Workhorse Group from $8.50 to $7.50 as well as set a “market execute” score for the business in a research note on Wednesday, September 22nd. DA Davidson reduced their rate goal on shares of Workhorse Group from $10.00 to $7.50 and set a “neutral” ranking for the company in a research note on Thursday, September 23rd. Finally, Zacks Investment Research downgraded shares of Workhorse Group from a “buy” rating to a “hold” rating in a research study note on Thursday, November 11th. 6 financial investment analysts have ranked the stock with a hold score and one has assigned a buy score to the company. Based on information from MarketBeat, Workhorse Group currently has an ordinary rating of “Hold” and also a consensus 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 and also a fifty-two week high of $42.96. The company has a market capitalization of $570.91 million, a price-to-earnings proportion of 3.45 as well as a beta of 2.48. The firm has a 50-day easy relocating average of $5.21 and a 200-day straightforward relocating standard of $7.65. The firm has a debt-to-equity ratio of 0.18, a fast ratio of 1.52 and a present proportion of 1.87.

Workhorse Group (NASDAQ: WKHS) last revealed its profits results on Tuesday, November 9th. The firm reported ($ 0.77) earnings per share for the quarter, missing out on the consensus price quote of ($ 0.19) by ($ 0.58). Workhorse Group had an unfavorable return on equity of 84.79% as well as a web margin of 1,095.71%. The business had income of ($ 0.58) million for the quarter, contrasted to analyst price quotes of $1.03 million. Throughout the very same quarter last year, the firm uploaded ($ 0.78) EPS. Equities research study experts forecast that Workhorse Group Inc. will publish -2.13 EPS for the existing year.

Workhorse Group Company Account.

Workhorse Group, Inc is an innovation company, which engages in the arrangement of sustainable remedies to the business transportation industry. It operates as an initial tools producer, which creates as well as constructs battery-electric cars consisting of trucks and also airplane. The company likewise produces all-electric delivery trucks as well as drone systems.