Workhorse Group Inc (NASDAQ: WKHS) is -47.61% lower on its value in year-to-date trading and has touched a low of $0.38 and a high of $136.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WKHS stock was last observed hovering at around $0.39 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.37, the stock is -26.42% and -40.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.59 million and changing -5.58% at the moment leaves the stock -96.15% off its SMA200. WKHS registered -99.73% loss for a year compared to 6-month loss of -47.39%.
The stock witnessed a -29.10% gain in the last 1 month and extending the period to 3 months gives it a -65.82%, and is -20.83% down 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 12.20% over the week and 10.00% over the month.
Workhorse Group Inc (WKHS) has around 298 employees, a market worth around $14.98M and $9.10M in sales. Profit margin for the company is -1383.50%. Distance from 52-week low is -4.77% and -99.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-242.92%).
with sales reaching $3.06M over the same period., but quarterly earnings will post -40.74% year-over-year. Quarterly sales are estimated to shrink -30.44% in year-over-year returns.
Workhorse Group Inc (WKHS) Top Institutional Holders
The shares outstanding are 40.98M, and float is at 40.11M with Short Float at 20.97%.
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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Workhorse Group Inc (WKHS): Who are the competitors?
The company’s main competitors (and peers) include Tesla Inc. (TSLA) that is trading 54.10% up over the past 12 months. General Motors Co. (GM) that is 12.63% higher over the same period.
