Market Highlights: Worksport Ltd (WKSP) Ends on a Low Note at 0.63

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The price of Worksport Ltd (NASDAQ: WKSP) closed at $0.63 in the last session, down -5.40% from day before closing price of $0.67. In other words, the price has decreased by -$5.40 from its previous closing price. On the day, 0.52 million shares were traded.

Ratios:

We take a closer look at WKSP’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 3.25 while its Price-to-Book (P/B) ratio in mrq is 1.19.

Stock Price History:

Over the past 52 weeks, WKSP has reached a high of $1.25, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is -27.49%, while the 200-Day Moving Average is calculated to be -9.88%.

Shares Statistics:

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.

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