Workhorse Group Inc (NASDAQ: WKHS) is 25.67% higher on its value in year-to-date trading and has touched a low of $0.57 and a high of $163.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WKHS stock was last observed hovering at around $0.85 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $0.88, the stock is -0.11% and -7.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.43 million and changing 3.65% at the moment leaves the stock -96.32% off its SMA200. WKHS registered -99.39% loss for a year compared to 6-month loss of -40.33%. The firm has a 50-day simple moving average (SMA 50) of $0.9476 and a 200-day simple moving average (SMA200) of $1.917785.
The stock witnessed a -14.00% gain in the last 1 month and extending the period to 3 months gives it a 13.52%, and is 11.35% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.83% over the week and 11.69% over the month.
Workhorse Group Inc (WKHS) has around 298 employees, a market worth around $40.57M and $9.10M in sales. Profit margin for the company is -1383.50%. Distance from 52-week low is 53.22% and -99.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-242.92%).
The EPS is expected to grow by 79.71% this year.
Workhorse Group Inc (WKHS) Top Institutional Holders
114.0 institutions hold shares in Workhorse Group Inc (WKHS), with institutional investors hold 22.32% of the company’s shares. The shares outstanding are 40.98M, and float is at 40.06M with Short Float at 14.94%. Institutions hold 21.41% of the Float.
The top institutional shareholder in the company is RONALD BLUE TRUST, INC. with over 13700.0 shares valued at $3214.0. The investor’s holdings represent 0.0045% of the WKHS Shares outstanding. As of 2024-06-30, the second largest holder is IFP ADVISORS, INC with 3930.0 shares valued at $$590.0 to account for 0.0013 of the shares outstanding. The other top investors are ADVISOR GROUP HOLDINGS, INC. which holds 3670.0 shares representing 0.0012% and valued at over $550.0, while REDWOOD WEALTH MANAGEMENT GROUP, LLC holds 0.0004 of the shares totaling 80.0 with a market value of $126.0.
Workhorse Group Inc (WKHS) Insider Activity
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