As on May 25, 2023, Workhorse Group Inc. (NASDAQ: WKHS) started slowly as it slid -2.71% to $0.84. During the day, the stock rose to $0.87 and sunk to $0.8251 before settling in for the price of $0.86 at the close. Taking a more long-term approach, WKHS posted a 52-week range of $0.82-$4.73.
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The Consumer Cyclical sector firm’s twelve-monthly sales growth has been -14.30% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 7.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 76.30%. This publicly-traded company’s shares outstanding now amounts to $167.14 million, simultaneously with a float of $157.75 million. The organization now has a market capitalization sitting at $165.45 million. At the time of writing, stock’s 50-day Moving Average stood at $1.0879, while the 200-day Moving Average is $2.0838.
It is quite necessary to find out the efficiency of the corporate organization, which has 331 number of employees on its payroll. It has generated 15,175 per worker during the last fiscal year. Meanwhile, its income per employee was -354,303. The stock had 0.58 Receivables turnover and 0.02 Total Asset turnover. For the Profitability, stocks gross margin was -649.99, operating margin was -2171.64 and Pretax Margin of -2334.71.
Workhorse Group Inc. (WKHS) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Auto Manufacturers industry. Workhorse Group Inc.’s current insider ownership accounts for 1.80%, in contrast to 34.10% institutional ownership. According to the most recent insider trade that took place on Dec 14, this organization’s VP, Business Development bought 24,000 shares at the rate of 1.88, making the entire transaction reach 45,120 in total value, affecting insider ownership by 67,000. Preceding that transaction, on Dec 13, Company’s VP, Business Development bought 1,000 for 1.90, making the whole transaction’s value amount to 1,900. This particular insider is now the holder of 43,000 in total.
Workhorse Group Inc. (WKHS) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted -$0.15 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.18) by $0.03. This company achieved a net margin of -2334.71 while generating a return on equity of -82.80. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
Workhorse Group Inc.’s EPS increase for this current 12-month fiscal period is 76.30% and is forecasted to reach -0.34 in the upcoming year.
Workhorse Group Inc. (NASDAQ: WKHS) Trading Performance Indicators
Let’s observe the current performance indicators for Workhorse Group Inc. (WKHS). It’s Quick Ratio in the last reported quarter now stands at 1.70. The Stock has managed to achieve an average true range (ATR) of 0.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 24.69.
In the same vein, WKHS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.74, a figure that is expected to reach -0.15 in the next quarter, and analysts are predicting that it will be -0.34 at the market close of one year from today.
Technical Analysis of Workhorse Group Inc. (WKHS)
Through scrutinizing the latest numbers posted by the [Workhorse Group Inc., WKHS], it can be observed that its last 5-days Average volume of 7.63 million was better the volume of 4.18 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 19.38% While, its Average True Range was 0.0824.
Raw Stochastic average of Workhorse Group Inc. (WKHS) in the period of the previous 100 days is set at 0.79%, which indicates a major fall in contrast to 5.26% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 89.71% that was higher than 84.02% volatility it exhibited in the past 100-days period.
