Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Worksport Ltd’s stock clocked out at $4.1, down -12.77% from its previous closing price of $4.7. In other words, the price has decreased by -$12.77 from its previous closing price. On the day, 0.52 million shares were traded. WKSP stock price reached its highest trading level at $4.8985 during the session, while it also had its lowest trading level at $4.0001.
Ratios:
To gain a deeper understanding of WKSP’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 3.26. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.15.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future 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:
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 21320532 and an Enterprise Value of 12966768. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 1.27 whereas that against EBITDA is -0.908.
Stock Price History:
The Beta on a monthly basis for WKSP is 1.94, which has changed by -0.48101264 over the last 52 weeks, in comparison to a change of 0.12153554 over the same period for the S&P500. Over the past 52 weeks, WKSP has reached a high of $12.00, while it has fallen to a 52-week low of $2.44. The 50-Day Moving Average of the stock is 32.51%, while the 200-Day Moving Average is calculated to be -27.68%.
Shares Statistics:
It appears that WKSP traded 208.39K shares on average per day over the past three months and 269120 shares per day over the past ten days. A total of 5.20M shares are outstanding, with a floating share count of 4.94M. Insiders hold about 4.97% of the company’s shares, while institutions hold 9.49% stake in the company. Shares short for WKSP as of 1749772800 were 177863 with a Short Ratio of 0.85, compared to 1747267200 on 112200. Therefore, it implies a Short% of Shares Outstanding of 177863 and a Short% of Float of 3.65.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $3.61M. It ranges from a high estimate of $4.32M to a low estimate of $2.9M. As of the current estimate, Worksport Ltd’s year-ago sales were $1.92MFor the next quarter, 2 analysts are estimating revenue of $5.91M. There is a high estimate of $7.03M for the next quarter, whereas the lowest estimate is $4.8M.
A total of 2 analysts have provided revenue estimates for WKSP’s current fiscal year. The highest revenue estimate was $23.44M, while the lowest revenue estimate was $19.8M, resulting in an average revenue estimate of $21.62M. In the same quarter a year ago, actual revenue was $8.48MBased on 3 analysts’ estimates, the company’s revenue will be $37.54M in the next fiscal year. The high estimate is $41.2M and the low estimate is $31.55M.
