Workhorse Group Inc (WKHS) 14-day ATR is 0.02: This Stock is Set to Soar Above its Peers

Workhorse Group Inc (NASDAQ: WKHS) started the day on Wednesday, with a price decrease of -3.73% at $0.17, before settling in for the price of $0.18 at the close. Taking a more long-term approach, WKHS posted a 52-week range of $0.17-$1.36.

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The company of the Consumer Cyclical sector’s yearbook sales growth during the past 5- year span was recorded 181.65%. Meanwhile, its Annual Earning per share during the time was 4.17%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 42.74%. This publicly-traded company’s shares outstanding now amounts to $314.83 million, simultaneously with a float of $294.30 million. The organization now has a market capitalization sitting at $54.37 million. At the time of writing, stock’s 50-day Moving Average stood at $0.2553, while the 200-day Moving Average is $0.4962.

Workhorse Group Inc (WKHS) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Auto Manufacturers Industry. Workhorse Group Inc’s current insider ownership accounts for 6.52%, in contrast to 16.21% institutional ownership.

Workhorse Group Inc (WKHS) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 9.00 per share during the current fiscal year.

Workhorse Group Inc’s EPS increase for this current 12-month fiscal period is 42.74% and is forecasted to reach -0.26 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 0.91. The Stock has managed to achieve an average true range (ATR) of 0.02. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.15.

In the same vein, WKHS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.57, a figure that is expected to reach -0.09 in the next quarter, and analysts are predicting that it will be -0.26 at the market close of one year from today.

Technical Analysis of Workhorse Group Inc (WKHS)

If we take a close look at the recent performances of Workhorse Group Inc (NASDAQ: WKHS), its last 5-days Average volume was 18.92 million that shows progress from its year to date volume of 10.42 million. During the previous 9 days, stock’s Stochastic %D was recorded 17.26% While, its Average True Range was 0.0164.

Raw Stochastic average of Workhorse Group Inc (WKHS) in the period of the previous 100 days is set at 4.52%, which indicates a major fall in contrast to 15.83% 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 36.69% that was lower than 80.58% volatility it exhibited in the past 100-days period.