On Monday, Workhorse Group Inc (NASDAQ: WKHS) opened lower -5.64% from the last session, before settling in for the closing price of $0.35. Price fluctuations for WKHS have ranged from $0.33 to $136.92 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 239.73%. Company’s average yearly earnings per share was noted 79.71% at the time writing. With a float of $40.11 million, this company’s outstanding shares have now reached $40.98 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
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 2.13%, while institutional ownership is 6.49%.
Workhorse Group Inc (WKHS) Earnings and Forecasts
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. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 69.51% during the next five years compared to 4.17% growth over the previous five years of trading.
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 1.48.
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)
Looking closely at Workhorse Group Inc (NASDAQ: WKHS), its last 5-days average volume was 4.11 million, which is a jump from its year-to-date volume of 2.89 million. As of the previous 9 days, the stock’s Stochastic %D was 12.45%. Additionally, its Average True Range was 0.05.
During the past 100 days, Workhorse Group Inc’s (WKHS) raw stochastic average was set at 0.71%, which indicates a significant decrease from 4.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.11% in the past 14 days, which was lower than the 114.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5837, while its 200-day Moving Average is $1.1951. However, in the short run, Workhorse Group Inc’s stock first resistance to watch stands at $0.3533. Second resistance stands at $0.3783. The third major resistance level sits at $0.3967. If the price goes on to break the first support level at $0.3099, it is likely to go to the next support level at $0.2915. Should the price break the second support level, the third support level stands at $0.2665.
Workhorse Group Inc (NASDAQ: WKHS) Key Stats
There are currently 40,982K shares outstanding in the company with a market cap of 13.45 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.
