On Tuesday, Workhorse Group Inc (NASDAQ: WKHS) opened lower -1.30% from the last session, before settling in for the closing price of $0.56. Price fluctuations for WKHS have ranged from $0.53 to $163.60 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 239.73% over the past five years. Company’s average yearly earnings per share was noted 79.71% at the time writing. With a float of $40.08 million, this company’s outstanding shares have now reached $40.98 million.
Let’s look at the performance matrix of the company that is accounted for 298 employees. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Auto Manufacturers industry is another important factor to consider. The insider ownership of Workhorse Group Inc is 2.19%, while institutional ownership is 4.96%.
Workhorse Group Inc (WKHS) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 79.71% per share during the next fiscal year.
Workhorse Group Inc (NASDAQ: WKHS) Trading Performance Indicators
Check out the current performance indicators for Workhorse Group Inc (WKHS). In the past 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 2.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.47, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach -1.19 in one year’s time.
Technical Analysis of Workhorse Group Inc (WKHS)
Workhorse Group Inc (NASDAQ: WKHS) saw its 5-day average volume 3.94 million, a positive change from its year-to-date volume of 3.51 million. As of the previous 9 days, the stock’s Stochastic %D was 16.34%. Additionally, its Average True Range was 0.08.
During the past 100 days, Workhorse Group Inc’s (WKHS) raw stochastic average was set at 2.37%, which indicates a significant decrease from 9.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.65% in the past 14 days, which was lower than the 128.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8969, while its 200-day Moving Average is $1.6450. Nevertheless, the first resistance level for the watch stands at $0.5798 in the near term. At $0.6059, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.6358. If the price goes on to break the first support level at $0.5238, it is likely to go to the next support level at $0.4939. The third support level lies at $0.4678 if the price breaches the second support level.
Workhorse Group Inc (NASDAQ: WKHS) Key Stats
There are currently 40,982K shares outstanding in the company with a market cap of 22.69 million. Presently, the company’s annual sales total 13,090 K according to its annual income of -123,920 K. Last quarter, the company’s sales amounted to 2,510 K and its income totaled -25,140 K.
