On Monday, Workhorse Group Inc (NASDAQ: WKHS) was -4.53% drop from the session before settling in for the closing price of $0.77. A 52-week range for WKHS has been $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%. When this article was written, the company’s average yearly earnings per share was at 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) Insider Activity
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 4.15%, while institutional ownership is 9.95%.
Workhorse Group Inc (WKHS) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -2.8 earnings per share (EPS) during the time that was less than consensus figure (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
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 0.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.90.
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 1.16 million, its volume of 0.77 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 9.41%. Additionally, its Average True Range was 0.07.
During the past 100 days, Workhorse Group Inc’s (WKHS) raw stochastic average was set at 6.09%, which indicates a significant increase from 2.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.79% in the past 14 days, which was lower than the 126.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7575, while its 200-day Moving Average is $2.8849. Nevertheless, the first resistance level for the watch stands at $0.7637 in the near term. At $0.7913, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.8072. If the price goes on to break the first support level at $0.7202, it is likely to go to the next support level at $0.7043. Should the price break the second support level, the third support level stands at $0.6767.
Workhorse Group Inc (NASDAQ: WKHS) Key Stats
There are 24,363K outstanding shares of the company, which has a market capitalization of 18.28 million. As of now, sales total 13,090 K while income totals -123,920 K. Its latest quarter income was 840 K while its last quarter net income were -26,320 K.
