The price of Worksport Ltd (NASDAQ: WKSP) closed at $0.90 in the last session, down -8.63% from day before closing price of $0.99. In other words, the price has decreased by -$0.0850 from its previous closing price. On the day, 693472 shares were traded. WKSP stock price reached its highest trading level at $1.0000 during the session, while it also had its lowest trading level at $0.8200.
Ratios:
We take a closer look at WKSP’s different ratios to gain a better understanding of the stock. 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 18.29M and an Enterprise Value of 21.61M. Its current Enterprise Value per Revenue stands at 29.63 whereas that against EBITDA is -1.65.
Stock Price History:
Over the past 52 weeks, WKSP has reached a high of $4.33, while it has fallen to a 52-week low of $0.94. The 50-Day Moving Average of the stock is 1.2882, while the 200-Day Moving Average is calculated to be 2.0744.
Shares Statistics:
According to the various share statistics, WKSP traded on average about 132.26K shares per day over the past 3-months and 322.49k shares per day over the past 10 days. A total of 20.32M shares are outstanding, with a floating share count of 15.99M. Insiders hold about 21.32% of the company’s shares, while institutions hold 11.18% stake in the company. Shares short for WKSP as of Feb 29, 2024 were 87.99k with a Short Ratio of 0.67, compared to 179.61k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.43% and a Short% of Float of 0.49%.
Earnings Estimates
The company has 0 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.17. The consensus estimate for the next quarter is -$0.24, with high estimates of -$0.24 and low estimates of -$0.24.
Analysts are recommending an EPS of between -$0.9 and -$0.9 for the fiscal current year, implying an average EPS of -$0.9. EPS for the following year is -$0.62, with 1 analysts recommending between -$0.62 and -$0.62.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $458k. It ranges from a high estimate of $1.6M to a low estimate of $1.6M. As of the current estimate, Worksport Ltd’s year-ago sales were $18k, an estimated increase of 2,444.40% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $1.2M, an increase of 2,900.00% over than the figure of $2,444.40% in the same quarter last year. There is a high estimate of $1.2M for the next quarter, whereas the lowest estimate is $1.2M.
A total of 1 analysts have provided revenue estimates for WKSP’s current fiscal year. The highest revenue estimate was $1.9M, while the lowest revenue estimate was $1.9M, resulting in an average revenue estimate of $1.9M. In the same quarter a year ago, actual revenue was $117k, up 1,523.90% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $48.5M in the next fiscal year. The high estimate is $48.5M and the low estimate is $48.5M. The average revenue growth estimate for next year is up 2,452.60% from the average revenue estimate for this year.
