Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $0.85 in the prior trading day, Worksport Ltd (NASDAQ: WKSP) closed at $0.73, down -13.75%. In other words, the price has decreased by -$13.75 from its previous closing price. On the day, 0.84 million shares were traded. WKSP stock price reached its highest trading level at $0.87 during the session, while it also had its lowest trading level at $0.6802.
Ratios:
Our goal is to gain a better understanding of WKSP by taking a closer look at its different ratios. 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 17689694 and an Enterprise Value of 19071074. Its current Enterprise Value per Revenue stands at 12.468 whereas that against EBITDA is -1.399.
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 4.28%, while the 200-Day Moving Average is calculated to be -56.20%.
Shares Statistics:
The stock has traded on average 357.05K shares per day over the past 3-months and 929850 shares per day over the last 10 days, according to various share statistics. 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 10.52% stake in the company. Shares short for WKSP as of 1713139200 were 138646 with a Short Ratio of 0.39, compared to 1710460800 on 109875. Therefore, it implies a Short% of Shares Outstanding of 138646 and a Short% of Float of 0.64.
