Workhorse Group Inc (NASDAQ: WKHS) is -61.60% lower on its value in year-to-date trading and has touched a low of $0.32 and a high of $116.00 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 $0.36 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $0.27, the stock is -39.57% and -52.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.37 million and changing -26.54% at the moment leaves the stock -96.03% off its SMA200. WKHS registered -99.78% loss for a year compared to 6-month loss of -64.27%.
The stock witnessed a -48.41% gain in the last 1 month and extending the period to 3 months gives it a -75.64%, and is -26.09% 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 15.31% over the week and 11.43% over the month.
Workhorse Group Inc (WKHS) has around 298 employees, a market worth around $10.98M and $9.10M in sales. Profit margin for the company is -1383.50%. Distance from 52-week low is -15.35% and -99.77% 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.
The shares outstanding are 40.98M, and float is at 40.11M with Short Float at 22.48%.
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.
