On Friday, Worksport Ltd (NASDAQ: WKSP) was -4.89% drop from the session before settling in for the closing price of $3.27. A 52-week range for WKSP has been $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. When this article was written, the company’s average yearly earnings per share was at 57.53%. With a float of $6.31 million, this company’s outstanding shares have now reached $6.64 million.
Worksport Ltd (WKSP) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Worksport Ltd stocks. The insider ownership of Worksport Ltd is 4.97%, while institutional ownership is 6.03%. 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
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -1.4 earnings per share (EPS) during the time that was less than consensus figure (set at -1.3) by -0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.24 per share during the current fiscal year. According to the Wall Street analysts, stocks earnings will be around 57.53% per share during the next fiscal year.
Worksport Ltd (NASDAQ: WKSP) Trading Performance Indicators
You can see what Worksport Ltd (WKSP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.35, a number that is poised to hit -0.52 in the next quarter and is forecasted to reach -1.36 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 0.14 million was lower than the volume posted last year of 0.21 million. As of the previous 9 days, the stock’s Stochastic %D was 71.40%.
During the past 100 days, Worksport Ltd’s (WKSP) raw stochastic average was set at 27.25%, which indicates a significant decrease from 29.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.26 in the past 14 days, which was lower than the 0.33 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.43, while its 200-day Moving Average is $5.22. Now, the first resistance to watch is $3.23. This is followed by the second major resistance level at $3.34. The third major resistance level sits at $3.42. If the price goes on to break the first support level at $3.03, it is likely to go to the next support level at $2.95. Now, if the price goes above the second support level, the third support stands at $2.84.
Worksport Ltd (NASDAQ: WKSP) Key Stats
There are 6,642K outstanding shares of the company, which has a market capitalization of 20.66 million. As of now, sales total 8,480 K while income totals -16,160 K. Its latest quarter income was 4,100 K while its last quarter net income were -3,730 K.
