Workhorse Group Inc. [WKHS] took an upward turn with a change of -3.19%, trading at the price of $2.88 during the trading session on Thursday. The price movement in correlation with percentage of the mentioned increase can allow a valuable insight to investors. During the last trading session 1.21 million shares changed hands being bought and sold, while Workhorse Group Inc. shares have an average trading volume of 2.06M shares for that time period. WKHS monthly volatility recorded 12.15%, in the meanwhile having share price volatility for the week set at 12.62%. PS value for WKHS stocks is 499.60 with PB recorded at .
Workhorse Group Inc. [NASDAQ:WKHS]: Analyst Rating and Earnings
Its stock price has been found in the range of 0.37 to 5.37. This is compared to its latest closing price of $2.98.
Keep your eyes on this company’s next financial results, which are scheduled to be made public on Coming Soon.. ).
Fundamental Analysis of Workhorse Group Inc. [WKHS]
Now let’s turn to look at profitability: with a current Operating Margin for Workhorse Group Inc. [WKHS] sitting at -4463.94 and its Gross Margin at -1990.43.
This company’s Return on Total Capital is -2,093.20, and its Return on Invested Capital has reached 587.40%. Its Return on Assets is -257.88.
Similarly, its Total Debt to Total Assets stands at 70.41.
What about valuation? This company’s
Shifting the focus to workforce efficiency, Workhorse Group Inc. [WKHS] earns $7,066 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 1.38 and its Total Asset Turnover is 0.05. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.20 and its Current Ratio is 0.34. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
Workhorse Group Inc. [WKHS] has 67.06M shares outstanding, amounting to a total market cap of $199.84M. Its stock price has been found in the range of 0.37 to 5.37. At its current price, it has moved down by -46.28% from its 52-week high, and it has moved up 679.73% from its 52-week low.
This stock’s Beta value is currently 1.47, which indicates that it is 12.62% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 47.83. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Workhorse Group Inc. [WKHS] a Reliable Buy?
Workhorse Group Inc. [WKHS] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.