Worksport Ltd (NASDAQ: WKSP) kicked off on Monday, up 9.86% from the previous trading day, before settling in for the closing price of $3.45. Over the past 52 weeks, WKSP has traded in a range of $2.44-$12.00.
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Consumer Cyclical Sector giant saw their annual sales slid by -24.52% over the last five years. While this was happening, its average annual earnings per share was recorded 55.25%. With a float of $4.94 million, this company’s outstanding shares have now reached $5.20 million.
The firm has a total of 81 workers. Let’s measure their productivity. In terms of profitability, gross margin is 12.38%, operating margin of -157.34%, and the pretax margin is -165.59%.
Worksport Ltd (WKSP) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Auto Parts Industry. The insider ownership of Worksport Ltd is 4.97%, while institutional ownership is 9.49%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 55.25% per share during the next fiscal year.
Worksport Ltd (NASDAQ: WKSP) Trading Performance Indicators
Take a look at Worksport Ltd’s (WKSP) current performance indicators. Last quarter, stock had a quick ratio of 1.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.19, a number that is poised to hit -0.79 in the next quarter and is forecasted to reach -1.29 in one year’s time.
Technical Analysis of Worksport Ltd (WKSP)
Analysing the last 5-days average volume posted by the [Worksport Ltd, WKSP], we can find that recorded value of 0.29 million was better than the volume posted last year of 0.18 million. As of the previous 9 days, the stock’s Stochastic %D was 87.22%.
During the past 100 days, Worksport Ltd’s (WKSP) raw stochastic average was set at 19.68%, which indicates a significant decrease from 74.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 81.93% in the past 14 days, which was lower than the 110.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.03, while its 200-day Moving Average is $5.67. Now, the first resistance to watch is $4.17. This is followed by the second major resistance level at $4.55. The third major resistance level sits at $4.95. If the price goes on to break the first support level at $3.39, it is likely to go to the next support level at $2.99. Should the price break the second support level, the third support level stands at $2.61.
Worksport Ltd (NASDAQ: WKSP) Key Stats
The company with the Market Capitalisation of 19.71 million has total of 5,200K Shares Outstanding. Its annual sales at the moment are 8,480 K in contrast with the sum of -16,160 K annual income. Company’s last quarter sales were recorded 2,240 K and last quarter income was -4,460 K.
