Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Workhorse Group Inc (NASDAQ: WKHS) closed the day trading at $1.10 up 14.44% from the previous closing price of $0.96. In other words, the price has increased by $14.44 from its previous closing price. On the day, 5.16 million shares were traded. WKHS stock price reached its highest trading level at $1.19 during the session, while it also had its lowest trading level at $1.0.
Ratios:
For a better understanding of WKHS, let’s look at its different 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WKHS now has a Market Capitalization of 26798750 and an Enterprise Value of 42139180. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.67 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 4.382 whereas that against EBITDA is -0.454.
Stock Price History:
Over the past 52 weeks, WKHS has reached a high of $175.60, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is 26.39%, while the 200-Day Moving Average is calculated to be -97.24%.
Shares Statistics:
Over the past 3-months, WKHS traded about 3.11M shares per day on average, while over the past 10 days, WKHS traded about 9161780 shares per day. A total of 40.98M shares are outstanding, with a floating share count of 39.28M. Insiders hold about 4.14% of the company’s shares, while institutions hold 4.89% stake in the company. Shares short for WKHS as of 1730332800 were 5979635 with a Short Ratio of 1.92, compared to 1727654400 on 4348847. Therefore, it implies a Short% of Shares Outstanding of 5979635 and a Short% of Float of 24.84.
