June 15, 2022, Workhorse Group Inc. (NASDAQ: WKHS) trading session started at the price of $2.75, that was 8.89% jump from the session before. During the day, the shares moved up to $2.95 and dropped to $2.69 before settling in for the closing price of $2.70. A 52-week range for WKHS has been $2.11 – $18.00.
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When this article was written, the company’s average yearly earnings per share was at -546.80%. With a float of $138.22 million, this company’s outstanding shares have now reached $151.94 million.
Considering the fact that the conglomerate employs 221 people, you should pay attention to its efficiency factor.
Workhorse Group Inc. (WKHS) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Workhorse Group Inc. stocks. The insider ownership of Workhorse Group Inc. is 2.70%, while institutional ownership is 32.90%. The most recent insider transaction that took place on Mar 15, was worth 40,050. In this transaction Director of this company bought 12,600 shares at a rate of $3.18, taking the stock ownership to the 53,508 shares. Before that another transaction happened on Mar 14, when Company’s Chief Executive Officer bought 50,000 for $3.10, making the entire transaction worth $155,000. This insider now owns 1,955,115 shares in total.
Workhorse Group Inc. (WKHS) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 3/30/2022, it has been observed that the corporation posted -$0.15 earnings per share (EPS) during the time that was less than consensus figure (set at -$0.12) by -$0.03. This company achieved a return on equity of -140.85. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -546.80% per share during the next fiscal year.
Workhorse Group Inc. (NASDAQ: WKHS) Trading Performance Indicators
You can see what Workhorse Group Inc. (WKHS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 8.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.23, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.35 in one year’s time.
Technical Analysis of Workhorse Group Inc. (WKHS)
Compared to the last year’s volume of 5.58 million, its volume of 3.91 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 24.76%. Additionally, its Average True Range was 0.27.
During the past 100 days, Workhorse Group Inc.’s (WKHS) raw stochastic average was set at 25.30%, which indicates a significant decrease from 60.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 108.30% in the past 14 days, which was higher than the 102.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.12, while its 200-day Moving Average is $4.84. Nevertheless, the first resistance level for the watch stands at $3.03 in the near term. At $3.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.29. If the price goes on to break the first support level at $2.77, it is likely to go to the next support level at $2.60. Now, if the price goes above the second support level, the third support stands at $2.51.
Workhorse Group Inc. (NASDAQ: WKHS) Key Stats
There are 163,512K outstanding shares of the company, which has a market capitalization of 506.53 million. As of now, sales total -850 K while income totals -401,340 K. Its latest quarter income was 10 K while its last quarter net income were -22,050 K.