Worksport Ltd (NASDAQ:WKSP)’s traded shares stood at 0.42 million during the last session, with the company’s beta value hitting 2.13. At the close of trading, the stock’s price was $0.67, to imply an increase of 2.54% or $0.02 in intraday trading. The WKSP share’s 52-week high remains $1.25, putting it -86.57% down since that peak but still an impressive 46.27% since price per share fell to its 52-week low of $0.36.
Worksport Ltd (NASDAQ:WKSP) trade information
After registering a 2.54% upside in the last session, Worksport Ltd (WKSP) has traded red over the past five days. The 5-day price performance for the stock is -16.04%, and -35.27% over 30 days. With these gigs, the year-to-date price performance is -27.53%.
The extremes give us $1.5 and $1.5 for target low and target high price respectively. As such, WKSP has been trading -123.88% off suggested target high and -123.88% from its likely low.
Worksport Ltd (WKSP) estimates and forecasts
The rating firms project that company’s revenue will grow 454.12% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 2.92M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 3.52M.Earnings reports from the last fiscal year show that sales brought in 839.37k and 512.64k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 247.64% before jumping 586.97% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 11.77% for the past 5-year period. While 2025 is set for a 30.50% return in earnings, projections for the next 5 years are at 58.51% annually.
WKSP Dividends
Worksport Ltd has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is GEODE CAPITAL MANAGEMENT, LLC with 0.2 million shares, or about 0.9252% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.15 million.
We also have Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Worksport Ltd (WKSP) shares. Going by data provided on Dec 31, 2024 , Fidelity Extended Market Index Fund holds roughly 148.97 shares. This is just over 0.45% of the total shares, with a market valuation of $99320.0. Data from the same date shows that the other fund manager holds a little less at 145.89, or 0.44% of the shares, all valued at about 97265.0.
