Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $1.19 in the prior trading day, Workhorse Group Inc (NASDAQ: WKHS) closed at $1.16, down -2.52%. In other words, the price has decreased by -$2.52 from its previous closing price. On the day, 0.51 million shares were traded.
Ratios:
Our goal is to gain a better understanding of WKHS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH Capital on August 09, 2022, Downgraded its rating to Neutral and sets its target price to $3.50 from $7 previously.
On March 03, 2022, R. F. Lafferty Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $4 to $6.
ROTH Capital Upgraded its Neutral to Buy on March 02, 2022, while the target price for the stock was maintained at $7.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 17 ’25 when Peters James sold 100 shares for $1.31 per share. The transaction valued at 131 led to the insider holds 470 shares of the business.
Anderson Joshua Joseph sold 120 shares of WKHS for $157 on Apr 17 ’25. The Chief Technology Officer now owns 823 shares after completing the transaction at $1.31 per share. On Apr 17 ’25, another insider, Harrington James D., who serves as the General Counsel of the company, sold 369 shares for $1.31 each. As a result, the insider received 483 and left with 1,244 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 0.10.
Stock Price History:
Over the past 52 weeks, WKHS has reached a high of $68.07, while it has fallen to a 52-week low of $1.09. The 50-Day Moving Average of the stock is -62.74%, while the 200-Day Moving Average is calculated to be -87.79%.
Shares Statistics:
A total of 3.84M shares are outstanding, with a floating share count of 3.25M. Insiders hold about 1.36% of the company’s shares, while institutions hold 6.49% stake in the company.
