In the last trading session, 1.22 million shares of the Workhorse Group Inc (NASDAQ:WKHS) were traded, and its beta was 2.90. Most recently the company’s share price was $2.31, and it changed around $0.12 or 5.48% from the last close, which brings the market valuation of the company to $7.57M. WKHS currently trades at a discount to its 52-week high of $68.07, offering almost -2846.75% off that amount. The share price’s 52-week low was $1.91, which indicates that the current value has risen by an impressive 17.32% since then. We note from Workhorse Group Inc’s average daily trading volume that its 10-day average is 0.63 million shares, with the 3-month average coming to 288.81K.
Workhorse Group Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended WKHS as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.
Workhorse Group Inc (NASDAQ:WKHS) trade information
Instantly WKHS has showed a green trend with a performance of 5.48% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.89 on recent trading dayincreased the stock’s daily price by 20.07%. The company’s shares are currently down -73.52% year-to-date, but still up 8.96% over the last five days. On the other hand, Workhorse Group Inc (NASDAQ:WKHS) is -62.29% down in the 30-day period. We can see from the shorts that 0.72 million shares have been sold at a short interest cover period of 4.12 day(s).
The consensus price target as assigned by Wall Street analysts is $2, which translates to bulls needing to decrease their stock price by -15.5% from its current value. Analyst projections state that WKHS is forecast to be at a low of $0.5 and a high of $3.5.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 4.17%. Workhorse Group Inc earnings are expected to increase by 79.71% in 2025, but the outlook is positive 69.51% per year for the next five years.
WKHS Dividends
Workhorse Group Inc’s next quarterly earnings report is expected to be released on 2024-Nov-18.
Workhorse Group Inc (NASDAQ:WKHS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.74% of Workhorse Group Inc shares, and 4.82% of them are in the hands of institutional investors. The stock currently has a share float of 4.90%. Workhorse Group Inc stock is held by 84.0 institutions, with CENTIVA CAPITAL, LP being the largest institutional investor. By 2024-06-30, it held 1.7636% of the shares, which is about 0.33 million shares worth $0.52 million.
QUBE RESEARCH & TECHNOLOGIES LTD, with 1.51% or 0.28 million shares worth $0.45 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 44.93 shares worth $0.1 million, making up 0.08% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 11.59 shares worth around $26772.0, which represents about 0.02% of the total shares outstanding.
