Workhorse Group Inc (NASDAQ: WKHS) is -84.06% lower on its value in year-to-date trading and has touched a low of $0.81 and a high of $28.12 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 $1.75 in the last trading session, with the day’s gains setting it 0.96%.
Currently trading at $2.71, the stock is 127.29% and 153.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 51.07 million and changing 54.86% at the moment leaves the stock -56.60% off its SMA200. WKHS registered -68.94% loss for a year compared to 6-month loss of -71.09%. The firm has a 50-day simple moving average (SMA 50) of $1.0682 and a 200-day simple moving average (SMA200) of $6.2446623.
The stock witnessed a 201.48% gain in the last 1 month and extending the period to 3 months gives it a 102.24%, and is 146.36% 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 35.09% over the week and 14.76% over the month.
Workhorse Group Inc (WKHS) has around 143 employees, a market worth around $25.68M and $5.92M in sales. Profit margin for the company is -1576.19%. Distance from 52-week low is 236.60% and -90.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-265.78%).
The EPS is expected to grow by 69.92% this year.
Workhorse Group Inc (WKHS) Top Institutional Holders
81.0 institutions hold shares in Workhorse Group Inc (WKHS), with institutional investors hold 2.60% of the company’s shares. The shares outstanding are 9.47M, and float is at 9.43M with Short Float at 15.03%. Institutions hold 2.59% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.55 million shares valued at $0.87 million. The investor’s holdings represent 0.4269% of the WKHS Shares outstanding. As of 2024-06-30, the second largest holder is CENTIVA CAPITAL, LP with 0.33 million shares valued at $0.52 million to account for 0.2567 of the shares outstanding. The other top investors are QUBE RESEARCH & TECHNOLOGIES LTD which holds 0.28 million shares representing 0.2197% and valued at over $0.45 million, while BLACKROCK INC. holds 0.1586 of the shares totaling 0.21 million with a market value of $0.32 million.
Workhorse Group Inc (WKHS) Insider Activity
The most recent transaction is an insider sale by Peters James,the company’sVP, Supply Chain Management. SEC filings show that Peters James sold 100 shares of the company’s common stock on Apr 17 ’25 at a price of $1.31 per share for a total of $131.0. Following the sale, the insider now owns 470.0 shares.
Workhorse Group Inc disclosed in a document filed with the SEC on Apr 17 ’25 that Anderson Joshua Joseph (Chief Technology Officer) sold a total of 120 shares of the company’s common stock. The trade occurred on Apr 17 ’25 and was made at $1.31 per share for $157.0. Following the transaction, the insider now directly holds 823.0 shares of the WKHS stock.
Still, SEC filings show that on Apr 17 ’25, Harrington James D. (General Counsel) disposed off 369 shares at an average price of $1.31 for $483.0. The insider now directly holds 1,244 shares of Workhorse Group Inc (WKHS).
