Workhorse Group Inc (WKHS) volume exceeds 1.78 million: A new investment opportunity for investors

Zack King

On Monday Workhorse Group Inc (NASDAQ: WKHS) opened lower -8.25% from the last session, before settling in for the closing price of $1.01. Price fluctuations for WKHS have ranged from $0.81 to $24.25 over the past 52 weeks.

Annual sales at Consumer Cyclical sector company grew by 18.62% over the past five years. Company’s average yearly earnings per share was noted 84.95% at the time writing. With a float of $19.01 million, this company’s outstanding shares have now reached $19.06 million.

Workhorse Group Inc (WKHS) Insider Updates

A key investor’s attitude towards the stock of the Auto Manufacturers industry is another important factor to consider. The insider ownership of Workhorse Group Inc is 0.26%, while institutional ownership is 2.66%. 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) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -12.25 earnings per share (EPS) for the quarter, coming under the agreed prediction (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

Check out the current performance indicators for Workhorse Group Inc (WKHS). In the past quarter, the stock posted a quick ratio of 0.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.64.

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 1.26 million, a negative change from its year-to-date volume of 1.49 million. As of the previous 9 days, the stock’s Stochastic %D was 11.52%.

During the past 100 days, Workhorse Group Inc’s (WKHS) raw stochastic average was set at 0.14%, which indicates a significant decrease from 3.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0541 in the past 14 days, which was lower than the 0.1881 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.1421, while its 200-day Moving Average is $2.2742. Nevertheless, the first resistance level for the watch stands at $0.9778 in the near term. At $1.0289, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.0578. If the price goes on to break the first support level at $0.8978, it is likely to go to the next support level at $0.8689. Assuming the price breaks the second support level, the third support level stands at $0.8178.

Workhorse Group Inc (NASDAQ: WKHS) Key Stats

There are currently 19,060K shares outstanding in the company with a market cap of 17.66 million. Presently, the company’s annual sales total 6,620 K according to its annual income of -101,790 K. Last quarter, the company’s sales amounted to 5,670 K and its income totaled -14,780 K.

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