Can Workhorse Group Inc’s (WKHS) drop of -29.60% in a week be considered a lucky break?

Shaun Noe

A new trading day began on Monday, with Workhorse Group Inc (NASDAQ: WKHS) stock price down -10.95% from the previous day of trading, before settling in for the closing price of $0.62. WKHS’s price has ranged from $0.60 to $17.75 over the past 52 weeks.

Annual sales at Consumer Cyclical sector company grew by 18.62% over the past five years. Meanwhile, its annual earnings per share averaged 90.44%. With a float of $23.91 million, this company’s outstanding shares have now reached $23.96 million.

Workhorse Group Inc (WKHS) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Manufacturers Industry. The insider ownership of Workhorse Group Inc is 0.21%, while institutional ownership is 2.80%. The most recent insider transaction that took place on Apr 17 ’25, was worth 131. In this transaction VP, Supply Chain Management of this company sold 100 shares at a rate of $1.31, taking the stock ownership to the 470 shares. Before that another transaction happened on Apr 17 ’25, when Company’s Chief Technology Officer sold 120 for $1.31, making the entire transaction worth $157. This insider now owns 823 shares in total.

Workhorse Group Inc (WKHS) Latest Financial update

In its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.94 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.53 per share during the current fiscal year.

Workhorse Group Inc (NASDAQ: WKHS) Trading Performance Indicators

Here are Workhorse Group Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -17.61, a number that is poised to hit -0.74 in the next quarter and is forecasted to reach -2.15 in one year’s time.

Technical Analysis of Workhorse Group Inc (WKHS)

Workhorse Group Inc (NASDAQ: WKHS) saw its 5-day average volume 1.59 million, a positive change from its year-to-date volume of 1.49 million. As of the previous 9 days, the stock’s Stochastic %D was 6.98%.

During the past 100 days, Workhorse Group Inc’s (WKHS) raw stochastic average was set at 0.42%, which indicates a significant decrease from 3.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0753 in the past 14 days, which was lower than the 0.1884 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.0272, while its 200-day Moving Average is $1.9456. Nevertheless, the first resistance level for the watch stands at $0.6055 in the near term. At $0.6597, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.6975. If the price goes on to break the first support level at $0.5135, it is likely to go to the next support level at $0.4757. The third support level lies at $0.4215 if the price breaches the second support level.

Workhorse Group Inc (NASDAQ: WKHS) Key Stats

With a market capitalization of 13.21 million, the company has a total of 23,963K Shares Outstanding. Currently, annual sales are 6,620 K while annual income is -101,790 K. The company’s previous quarter sales were 5,670 K while its latest quarter income was -14,780 K.

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