Workhorse Group Inc (NASDAQ: WKHS) kicked off on Monday, up 4.96% from the previous trading day, before settling in for the closing price of $0.81. Over the past 52 weeks, WKHS has traded in a range of $0.57-$180.00.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 181.65%. While this was happening, its average annual earnings per share was recorded 66.35%. With a float of $23.35 million, this company’s outstanding shares have now reached $24.36 million.
Considering the fact that the conglomerate employs 298 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -309.08%, operating margin of -1044.76%, and the pretax margin is -1367.31%.
Workhorse Group Inc (WKHS) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Auto Manufacturers Industry. The insider ownership of Workhorse Group Inc is 4.15%, while institutional ownership is 9.95%.
Workhorse Group Inc (WKHS) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -2.8 earnings per share (EPS), lower than consensus estimate (set at -2.4) by -0.4. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 66.35% per share during the next fiscal year.
Workhorse Group Inc (NASDAQ: WKHS) Trading Performance Indicators
Take a look at Workhorse Group Inc’s (WKHS) current performance indicators. Last quarter, stock had a quick ratio of 0.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.33, a number that is poised to hit -0.83 in the next quarter and is forecasted to reach -1.79 in one year’s time.
Technical Analysis of Workhorse Group Inc (WKHS)
Compared to the last year’s volume of 1.17 million, its volume of 0.88 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.72%. Additionally, its Average True Range was 0.08.
During the past 100 days, Workhorse Group Inc’s (WKHS) raw stochastic average was set at 8.24%, which indicates a significant decrease from 73.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.56% in the past 14 days, which was lower than the 126.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7734, while its 200-day Moving Average is $3.0188. Nevertheless, the first resistance level for the watch stands at $0.8740 in the near term. At $0.8929, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9274. If the price goes on to break the first support level at $0.8206, it is likely to go to the next support level at $0.7861. Now, if the price goes above the second support level, the third support stands at $0.7672.
Workhorse Group Inc (NASDAQ: WKHS) Key Stats
The company with the Market Capitalisation of 20.83 million has total of 18,761K Shares Outstanding. Its annual sales at the moment are 13,090 K in contrast with the sum of -123,920 K annual income. Company’s last quarter sales were recorded 840 K and last quarter income was -26,320 K.
