In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Worksport Ltd (NASDAQ: WKSP) closed at $0.80 down -4.25% from its previous closing price of $0.83. In other words, the price has decreased by -$4.25 from its previous closing price. On the day, 0.73 million shares were traded. WKSP stock price reached its highest trading level at $0.9381 during the session, while it also had its lowest trading level at $0.7162.
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 0.57 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 19268270 and an Enterprise Value of 20649650. Its current Enterprise Value per Revenue stands at 13.5 whereas that against EBITDA is -1.515.
Stock Price History:
The Beta on a monthly basis for WKSP is 0.89, which has changed by -0.5979899 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, WKSP has reached a high of $4.33, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is 7.98%, while the 200-Day Moving Average is calculated to be -53.58%.
Shares Statistics:
For the past three months, WKSP has traded an average of 318.09K shares per day and 708980 over the past ten days. A total of 24.10M shares are outstanding, with a floating share count of 19.26M. Insiders hold about 20.08% of the company’s shares, while institutions hold 11.50% stake in the company. Shares short for WKSP as of 1713139200 were 138646 with a Short Ratio of 0.44, compared to 1710460800 on 109875. Therefore, it implies a Short% of Shares Outstanding of 138646 and a Short% of Float of 0.64.
Earnings Estimates
The stock of Worksport Ltd (WKSP) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.On average, analysts expect EPS of -$0.19 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.19, while EPS last year was -$0.2. The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.13 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.51 and -$0.51 for the fiscal current year, implying an average EPS of -$0.51. EPS for the following year is -$0.33, with 1.0 analysts recommending between -$0.33 and -$0.33.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $1M this quarter.It ranges from a high estimate of $1M to a low estimate of $1M. As of the current estimate, Worksport Ltd’s year-ago sales were $32kFor the next quarter, 1 analysts are estimating revenue of $1.3M. There is a high estimate of $1.3M for the next quarter, whereas the lowest estimate is $1.3M.
A total of 1 analysts have provided revenue estimates for WKSP’s current fiscal year. The highest revenue estimate was $7.1M, while the lowest revenue estimate was $7.1M, resulting in an average revenue estimate of $7.1M. In the same quarter a year ago, actual revenue was $1.53MBased on 1 analysts’ estimates, the company’s revenue will be $28.8M in the next fiscal year. The high estimate is $28.8M and the low estimate is $28.8M.
