In last trading session, Worksport Ltd (NASDAQ:WKSP) saw 0.76 million shares changing hands with its beta currently measuring 2.06. Company’s recent per share price level of $0.79 trading at -$0.03 or -3.16% at ring of the bell on the day assigns it a market valuation of $26.16M. That closing price of WKSP’s stock is at a discount of -87.34% from its 52-week high price of $1.48 and is indicating a premium of 54.43% from its 52-week low price of $0.36.

Worksport Ltd (NASDAQ:WKSP) trade information

Upright in the red during last session for losing -3.16%, in the last five days WKSP remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $0.79 price level, adding 10.22% to its value on the day. Worksport Ltd’s shares saw a change of -13.68% in year-to-date performance and have moved -6.58% in past 5-day. Worksport Ltd (NASDAQ:WKSP) showed a performance of -17.28% in past 30-days.

Wall Street analysts have assigned a consensus price target of 1.5 to the stock, which implies a rise of 47.33% to its current value. Analysts have been projecting 1.5 as a low price target for the stock while placing it at a high target of 1.5. It follows that stock’s current price would drop -89.87% in reaching the projected high whereas dropping to the targeted low would mean a loss of -89.87% for stock’s current value.

Worksport Ltd (WKSP) estimates and forecasts

This year revenue growth is estimated to rise 454.12% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.92M for the same. And 3 analysts are in estimates of company making revenue of 3.52M in the next quarter. Company posted 839.37k and 512.64k of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 11.77% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 30.50% while estimates for its earnings growth in next 5 years are of 58.51%.

Worksport Ltd (NASDAQ:WKSP)’s Major holders

ARMISTICE CAPITAL, LLC is the top institutional holder at WKSP for having 2.21 million shares of worth $1.72 million. And as of 2024-06-30, it was holding 10.4151 of the company’s outstanding shares.

The second largest institutional holder is GEODE CAPITAL MANAGEMENT, LLC, which was holding about 0.2 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.9252 of outstanding shares, having a total worth of $0.15 million.

On the other hand, Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 148.97 shares of worth $0.12 million or 0.45% of the total outstanding shares. The later fund manager was in possession of 145.89 shares on Sep 30, 2024 , making its stake of worth around $0.12 million in the company or a holder of 0.44% of company’s stock.