A new trading day began on Monday, with Worksport Ltd (NASDAQ: WKSP) stock price up 10.02% from the previous day of trading, before settling in for the closing price of $0.96. WKSP’s price has ranged from $0.36 to $1.54 over the past 52 weeks.
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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 264.26%. Meanwhile, its annual earnings per share averaged 33.33%. With a float of $30.36 million, this company’s outstanding shares have now reached $30.92 million.
Considering the fact that the conglomerate employs 72 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 4.54%, operating margin of -234.47%, and the pretax margin is -242.68%.
Worksport Ltd (WKSP) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. The insider ownership of Worksport Ltd is 7.84%, while institutional ownership is 10.85%. The most recent insider transaction that took place on Nov 19 ’24, was worth 25,000. In this transaction CEO and President of this company bought 33,333 shares at a rate of $0.75, taking the stock ownership to the 2,525,871 shares.
Worksport Ltd (WKSP) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 33.33% per share during the next fiscal year.
Worksport Ltd (NASDAQ: WKSP) Trading Performance Indicators
Here are Worksport Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.66, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.27 in one year’s time.
Technical Analysis of Worksport Ltd (WKSP)
Compared to the last year’s volume of 2.32 million, its volume of 2.4 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 60.37%. Additionally, its Average True Range was 0.13.
During the past 100 days, Worksport Ltd’s (WKSP) raw stochastic average was set at 82.77%, which indicates a significant increase from 66.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.48% in the past 14 days, which was lower than the 111.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7726, while its 200-day Moving Average is $0.6515. Nevertheless, the first resistance level for the watch stands at $1.1867 in the near term. At $1.3133, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.4267. If the price goes on to break the first support level at $0.9467, it is likely to go to the next support level at $0.8333. Now, if the price goes above the second support level, the third support stands at $0.7067.
Worksport Ltd (NASDAQ: WKSP) Key Stats
With a market capitalization of 34.94 million, the company has a total of 32,938K Shares Outstanding. Currently, annual sales are 1,530 K while annual income is -14,930 K. The company’s previous quarter sales were 3,120 K while its latest quarter income was -4,130 K.
