Workhorse Group Inc (NASDAQ: WKHS) is -70.17% lower on its value in year-to-date trading and has touched a low of $0.19 and a high of $110.00 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 $0.21 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.21, the stock is -49.06% and -61.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.82 million and changing 0.87% at the moment leaves the stock -96.49% off its SMA200. WKHS registered -99.81% loss for a year compared to 6-month loss of -68.25%. The firm has a 50-day simple moving average (SMA 50) of $6.709 and a 200-day simple moving average (SMA200) of $12.360881.
The stock witnessed a -60.64% gain in the last 1 month and extending the period to 3 months gives it a -80.27%, and is -40.14% 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 19.89% over the week and 12.71% over the month.
Workhorse Group Inc (WKHS) has around 298 employees, a market worth around $8.53M and $9.10M in sales. Profit margin for the company is -1383.50%. Distance from 52-week low is 6.77% and -99.81% 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.The EPS is expected to grow by 79.71% this year, 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
107.0 institutions hold shares in Workhorse Group Inc (WKHS), with institutional investors hold 6.83% of the company’s shares. The shares outstanding are 40.98M, and float is at 40.11M with Short Float at 22.48%. Institutions hold 6.66% of the Float.
The top institutional shareholder in the company is CENTIVA CAPITAL, LP with over 0.33 million shares valued at $0.52 million. The investor’s holdings represent 1.7636% of the WKHS Shares outstanding. As of 2024-06-30, the second largest holder is QUBE RESEARCH & TECHNOLOGIES LTD with 0.28 million shares valued at $0.45 million to account for 1.51 of the shares outstanding. The other top investors are HUDSON BAY CAPITAL MANAGEMENT LP which holds 0.11 million shares representing 0.5601% and valued at over $0.16 million, while MAN GROUP PLC holds 0.3579 of the shares totaling 67476.0 with a market value of $0.11 million.
Workhorse Group Inc (WKHS) Insider Activity
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