For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Workhorse Group Inc (NASDAQ: WKHS) closed at $0.49 down -6.22% from its previous closing price of $0.52. In other words, the price has decreased by -$6.22 from its previous closing price. On the day, 2.31 million shares were traded.
Ratios:
For a deeper understanding of Workhorse Group Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 0.44 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.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 0.33.
Stock Price History:
Over the past 52 weeks, WKHS has reached a high of $163.60, while it has fallen to a 52-week low of $0.46. The 50-Day Moving Average of the stock is -30.24%, while the 200-Day Moving Average is calculated to be -96.01%.
Shares Statistics:
A total of 40.98M shares are outstanding, with a floating share count of 40.09M. Insiders hold about 2.16% of the company’s shares, while institutions hold 6.49% stake in the company.
