During the last session, Workhorse Group Inc (NASDAQ:WKHS)’s traded shares were 1.24 million, with the beta value of the company hitting 2.49. At the end of the trading day, the stock’s price was $0.78, reflecting an intraday gain of 1.16% or $0.01. The 52-week high for the WKHS share is $199.44, that puts it down -25469.23 from that peak though still a striking 26.92% gain since the share price plummeted to a 52-week low of $0.57. The company’s market capitalization is $18.90M, and the average intraday trading volume over the past 10 days was 1.55 million shares, and the average trade volume was 2.13 million shares over the past three months.
Workhorse Group Inc (WKHS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.50. WKHS has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.
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Workhorse Group Inc (NASDAQ:WKHS) trade information
Workhorse Group Inc (WKHS) registered a 1.16% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.16% in intraday trading to $0.78, hitting a weekly high. The stock’s 5-day price performance is 10.37%, and it has moved by 18.32% in 30 days. Based on these gigs, the overall price performance for the year is -99.56%. The short interest in Workhorse Group Inc (NASDAQ:WKHS) is 4.35 million shares and it means that shorts have 1.34 day(s) to cover.
The consensus price target of analysts on Wall Street is $2, which implies an increase of 61.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $0.5 and $3.5 respectively. As a result, WKHS is trading at a discount of -348.72% off the target high and 35.9% off the low.
Workhorse Group Inc (WKHS) estimates and forecasts
Statistics show that Workhorse Group Inc has outperformed its competitors in share price, compared to the industry in which it operates. Workhorse Group Inc (WKHS) shares have gone down -99.04% during the last six months, with a year-to-date growth rate more than the industry average at 61.25% against 7.00.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.17%. While earnings are projected to return 66.35% in 2024.
WKHS Dividends
Workhorse Group Inc is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Workhorse Group Inc (NASDAQ:WKHS)’s Major holders
Workhorse Group Inc insiders own 4.09% of total outstanding shares while institutional holders control 23.40%, with the float percentage being 24.40%. RONALD BLUE TRUST, INC. is the largest shareholder of the company, while 126.0 institutions own stock in it. As of 2024-06-30, the company held over 13700.0 shares (or 0.0045% of all shares), a total value of $3214.0 in shares.
The next largest institutional holding, with 3930.0 shares, is of IFP ADVISORS, INC’s that is approximately 0.0013% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $590.0.
