Workhorse Group Inc (NASDAQ: WKHS) on Tuesday, plunged -5.22% from the previous trading day, before settling in for the closing price of $1.15. Within the past 52 weeks, WKHS’s price has moved between $0.81 and $24.25.
Annual sales at Consumer Cyclical sector company grew by 18.62% over the past five years. The company achieved an average annual earnings per share of 84.95%. With a float of $15.33 million, this company’s outstanding shares have now reached $15.37 million.
Let’s look at the performance matrix of the company that is accounted for 143 employees.
Workhorse Group Inc (WKHS) Insider and Institutional Ownership
Observing investor behavior towards Auto Manufacturers industry stocks is more important than anything else. The insider ownership of Workhorse Group Inc is 0.26%, while institutional ownership is 3.29%. 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
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -12.25 earnings per share (EPS) for the period falling under the consensus outlook (set at -10.31) by -1.94. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 84.95% per share during the next fiscal year.
Workhorse Group Inc (NASDAQ: WKHS) Trading Performance Indicators
Workhorse Group Inc (WKHS) is currently performing well based on its current performance indicators. A quick ratio of 0.42 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -29.39, a number that is poised to hit -1.45 in the next quarter and is forecasted to reach -4.25 in one year’s time.
Technical Analysis of Workhorse Group Inc (WKHS)
Workhorse Group Inc (NASDAQ: WKHS) saw its 5-day average volume 1.48 million, a negative change from its year-to-date volume of 1.54 million. As of the previous 9 days, the stock’s Stochastic %D was 42.11%.
During the past 100 days, Workhorse Group Inc’s (WKHS) raw stochastic average was set at 5.93%, which indicates a significant decrease from 20.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0732 in the past 14 days, which was lower than the 0.1932 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3698, while its 200-day Moving Average is $3.0882. Nevertheless, the first resistance level for the watch stands at $1.1367 in the near term. At $1.1833, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2067. If the price goes on to break the first support level at $1.0667, it is likely to go to the next support level at $1.0433. The third support level lies at $0.9967 if the price breaches the second support level.
Workhorse Group Inc (NASDAQ: WKHS) Key Stats
Market capitalization of the company is 16.76 million based on 15,373K outstanding shares. Right now, sales total 6,620 K and income totals -101,790 K. The company made 5,670 K in profit during its latest quarter, and -14,780 K in sales during its previous quarter.
