Workhorse Group Inc (WKHS)’s financial ratios: A comprehensive overview

After finishing at $0.24 in the prior trading day, Workhorse Group Inc (NASDAQ: WKHS) closed at $0.25, up 2.67%. In other words, the price has increased by $+0.0064 from its previous closing price. On the day, 6487336 shares were traded. WKHS stock price reached its highest trading level at $0.2493 during the session, while it also had its lowest trading level at $0.2377.

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Ratios:

Our goal is to gain a better understanding of WKHS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.20 and its Current Ratio is at 3.78. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.

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.

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 64.28M and an Enterprise Value of 34.64M. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.30 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 2.85 whereas that against EBITDA is -0.37.

Stock Price History:

Over the past 52 weeks, WKHS has reached a high of $2.32, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is 0.3357, while the 200-Day Moving Average is calculated to be 0.6493.

Shares Statistics:

The stock has traded on average 0.93 shares per day over the past 3-months and 5.61M shares per day over the last 10 days, according to various share statistics. A total of 260.89M shares are outstanding, with a floating share count of 252.86M. Insiders hold about 3.08% of the company’s shares, while institutions hold 20.00% stake in the company. Shares short for WKHS as of Jan 31, 2024 were 48.92M with a Short Ratio of 7.07, compared to 43.76M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 18.75% and a Short% of Float of 19.22%.

Earnings Estimates

Its stock is currently analyzed by Workhorse Group, Inc. different market analysts.

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