Workhorse Group Inc (NASDAQ:WKHS) has a beta value of 2.52 and has seen 15.32 million shares traded in the last trading session. The company, currently valued at $49.43M, closed the last trade at $0.16 per share which meant it -0.13% during that session. The WKHS stock price is -750.0% off its 52-week high price of $1.36 and 6.25% above the 52-week low of $0.15. The 3-month trading volume is 11.99 million shares.
Workhorse Group Inc (NASDAQ:WKHS) trade information
Sporting -0.13% in the red in last session, the stock has traded in the red over the last five days, when the WKHS stock price touched $0.16 or saw a rise of 5.6%. Year-to-date, Workhorse Group Inc shares have moved -56.39%, while the 5-day performance has seen it change -2.67%. Over the past 30 days, the shares of Workhorse Group Inc (NASDAQ:WKHS) have changed -32.30%.
Workhorse Group Inc (WKHS) estimates and forecasts
Figures show that Workhorse Group Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -61.43% over the past 6 months, with this year growth rate of 50.00%, compared to 12.90% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 40.00% and 33.30% for the next quarter. Revenue growth from the last financial year stood is estimated to be 210.30%.
3 analysts offering their estimates for the company have set an average revenue estimate of $4.13 million for the current quarter. 3 have an estimated revenue figure of $4.69 million for the next quarter concluding in Jun 2024. Year-ago sales stood $1.69 million and $3.97 million respectively for this quarter and the next, and analysts expect sales will grow by 143.90% for the current quarter and 18.30% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 4.17% over the past 5 years.
WKHS Dividends
Workhorse Group Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
