Financial Fitness Check: Examining Worksport Ltd (WKSP)’s Key Ratios

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

In the latest session, Worksport Ltd (NASDAQ: WKSP) closed at $0.37 down -34.82% from its previous closing price of $0.56. In other words, the price has decreased by -$34.82 from its previous closing price. On the day, 4.9 million shares were traded. WKSP stock price reached its highest trading level at $0.5033 during the session, while it also had its lowest trading level at $0.3601.

Ratios:

For a deeper understanding of Worksport Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 2.96. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.34.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 19 ’24 when Rossi Steven F. bought 33,333 shares for $0.75 per share. The transaction valued at 25,000 led to the insider holds 2,525,871 shares of the business.

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 12041986 and an Enterprise Value of 16173791. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.88 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 2.529 whereas that against EBITDA is -1.164.

Stock Price History:

The Beta on a monthly basis for WKSP is 1.88, which has changed by -0.20779222 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, WKSP has reached a high of $1.20, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is -55.15%, while the 200-Day Moving Average is calculated to be -47.65%.

Shares Statistics:

For the past three months, WKSP has traded an average of 1.17M shares per day and 929190 over the past ten days. A total of 30.92M shares are outstanding, with a floating share count of 30.36M. Insiders hold about 7.84% of the company’s shares, while institutions hold 7.27% stake in the company. Shares short for WKSP as of 1740700800 were 779935 with a Short Ratio of 0.66, compared to 1738281600 on 616260. Therefore, it implies a Short% of Shares Outstanding of 779935 and a Short% of Float of 2.5899999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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