Analytical Lens: Exploring Worksport Ltd (WKSP)’s Financial Story Through Ratios

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The closing price of Worksport Ltd (NASDAQ: WKSP) was $0.70 for the day, down -16.71% from the previous closing price of $0.84. In other words, the price has decreased by -$16.71 from its previous closing price. On the day, 0.7 million shares were traded. WKSP stock price reached its highest trading level at $0.8394 during the session, while it also had its lowest trading level at $0.6851.

Ratios:

Our analysis of WKSP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.04.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WKSP now has a Market Capitalization of 16920890 and an Enterprise Value of 18302270. Its current Enterprise Value per Revenue stands at 11.965 whereas that against EBITDA is -1.343.

Stock Price History:

Over the past 52 weeks, WKSP has reached a high of $4.33, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is 4.38%, while the 200-Day Moving Average is calculated to be -56.51%.

Shares Statistics:

WKSP traded an average of 382.92K shares per day over the past three months and 936830 shares per day over the past ten days. A total of 26.34M shares are outstanding, with a floating share count of 21.05M. Insiders hold about 20.08% of the company’s shares, while institutions hold 10.45% stake in the company. Shares short for WKSP as of 1714435200 were 187734 with a Short Ratio of 0.49, compared to 1711584000 on 163097. Therefore, it implies a Short% of Shares Outstanding of 187734 and a Short% of Float of 0.8699999999999999.

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