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Workhorse Group Inc (NASDAQ: WKHS) closed the day trading at $1.84 down -5.15% from the previous closing price of $1.94. In other words, the price has decreased by -$5.15 from its previous closing price. On the day, 0.51 million shares were traded. WKHS stock price reached its highest trading level at $2.0494 during the session, while it also had its lowest trading level at $1.83.
Ratios:
For a better understanding of WKHS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 0.37 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 6395085 and an Enterprise Value of 23628638. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 0.05. Its current Enterprise Value per Revenue stands at 2.597 whereas that against EBITDA is -0.278.
Stock Price History:
The Beta on a monthly basis for WKHS is 2.99, which has changed by -0.965446 over the last 52 weeks, in comparison to a change of 0.077997446 over the same period for the S&P500. Over the past 52 weeks, WKHS has reached a high of $68.07, while it has fallen to a 52-week low of $1.83. The 50-Day Moving Average of the stock is -64.19%, while the 200-Day Moving Average is calculated to be -84.01%.
Shares Statistics:
Over the past 3-months, WKHS traded about 308.98K shares per day on average, while over the past 10 days, WKHS traded about 526420 shares per day. A total of 3.28M shares are outstanding, with a floating share count of 3.21M. Insiders hold about 2.13% of the company’s shares, while institutions hold 6.49% stake in the company. Shares short for WKHS as of 1741910400 were 914081 with a Short Ratio of 2.96, compared to 1739491200 on 672977. Therefore, it implies a Short% of Shares Outstanding of 914081 and a Short% of Float of 28.079998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
