On Friday, Workhorse Group Inc (NASDAQ: WKHS) was 0.93% up from the session before settling in for the closing price of $1.07. A 52-week range for WKHS has been $0.57 – $175.60.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 181.65%. When this article was written, the company’s average yearly earnings per share was at 73.31%. With a float of $39.42 million, this company’s outstanding shares have now reached $40.98 million.
The extent of productivity of a business whose workforce counts for 298 workers is very important to gauge. In terms of profitability, gross margin is -333.34%, operating margin of -1028.63%, and the pretax margin is -1384.72%.
Workhorse Group Inc (WKHS) Insider Updates
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 4.14%, while institutional ownership is 4.89%.
Workhorse Group Inc (WKHS) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -3.8 earnings per share (EPS) during the time that was less than consensus figure (set at -1.4) by -2.4. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 73.31% 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 0.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.47, a number that is poised to hit -0.43 in the next quarter and is forecasted to reach -1.03 in one year’s time.
Technical Analysis of Workhorse Group Inc (WKHS)
The latest stats from [Workhorse Group Inc, WKHS] show that its last 5-days average volume of 2.9 million was superior to 1.54 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 38.55%. Additionally, its Average True Range was 0.17.
During the past 100 days, Workhorse Group Inc’s (WKHS) raw stochastic average was set at 30.25%, which indicates a significant increase from 24.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 226.85% in the past 14 days, which was higher than the 139.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8990, while its 200-day Moving Average is $2.5001. Now, the first resistance to watch is $1.1267. This is followed by the second major resistance level at $1.1733. The third major resistance level sits at $1.2367. If the price goes on to break the first support level at $1.0167, it is likely to go to the next support level at $0.9533. Assuming the price breaks the second support level, the third support level stands at $0.9067.
Workhorse Group Inc (NASDAQ: WKHS) Key Stats
There are 40,982K outstanding shares of the company, which has a market capitalization of 44.67 million. As of now, sales total 13,090 K while income totals -123,920 K. Its latest quarter income was 2,510 K while its last quarter net income were -25,140 K.
