Workhorse Group Inc (NASDAQ: WKHS) kicked off on Tuesday, up 5.48% from the previous trading day, before settling in for the closing price of $2.19. Over the past 52 weeks, WKHS has traded in a range of $1.91-$68.07.
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A company in the Consumer Cyclical sector has jumped its sales by 239.73% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 79.71%. With a float of $3.21 million, this company’s outstanding shares have now reached $3.28 million.
In an organization with 298 employees, it is important to assess its efficiency. 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
Our next focus will be how large-scale investors are participating in this stock of the Auto Manufacturers Industry. The insider ownership of Workhorse Group Inc is 2.13%, while institutional ownership is 6.49%.
Workhorse Group Inc (WKHS) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.88 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
Take a look at Workhorse Group Inc’s (WKHS) current performance indicators. Last quarter, stock had a quick ratio of 0.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -93.38, a number that is poised to hit -5.31 in the next quarter and is forecasted to reach -14.88 in one year’s time.
Technical Analysis of Workhorse Group Inc (WKHS)
Let’s dig in a bit further. During the last 5-days, its volume was 0.6 million. That was better than the volume of 0.3 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.03%. Additionally, its Average True Range was 0.55.
During the past 100 days, Workhorse Group Inc’s (WKHS) raw stochastic average was set at 1.79%, which indicates a significant decrease from 14.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 196.55% in the past 14 days, which was higher than the 135.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.69, while its 200-day Moving Average is $12.35. However, in the short run, Workhorse Group Inc’s stock first resistance to watch stands at $2.76. Second resistance stands at $3.20. The third major resistance level sits at $3.52. If the price goes on to break the first support level at $2.00, it is likely to go to the next support level at $1.68. The third support level lies at $1.24 if the price breaches the second support level.
Workhorse Group Inc (NASDAQ: WKHS) Key Stats
The company with the Market Capitalisation of 7.57 million has total of 3,279K Shares Outstanding. Its annual sales at the moment are 13,090 K in contrast with the sum of -123,920 K annual income. Company’s last quarter sales were recorded 2,510 K and last quarter income was -25,140 K.
