Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Worksport Ltd (NASDAQ: WKSP) was $0.99 for the day, down -6.52% from the previous closing price of $1.06. In other words, the price has decreased by -$6.52 from its previous closing price. On the day, 1.53 million shares were traded. WKSP stock price reached its highest trading level at $1.11 during the session, while it also had its lowest trading level at $0.98.
Ratios:
Our analysis of WKSP’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 32637868 and an Enterprise Value of 24230980. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.10 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 6.493 whereas that against EBITDA is -1.762.
Stock Price History:
Over the past 52 weeks, WKSP has reached a high of $1.54, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is 27.54%, while the 200-Day Moving Average is calculated to be 51.61%.
Shares Statistics:
WKSP traded an average of 1.64M shares per day over the past three months and 1812940 shares per day 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 10.85% stake in the company. Shares short for WKSP as of 1730332800 were 922639 with a Short Ratio of 0.57, compared to 1727654400 on 1229816. Therefore, it implies a Short% of Shares Outstanding of 922639 and a Short% of Float of 3.2800000000000002.
