Workhorse Group Inc (NASDAQ: WKHS) Stock Falling -51.55% Over A Month – Any Room For Its Value To Rise?

Workhorse Group Inc (NASDAQ:WKHS)’s traded shares stood at 0.31 million during the last session, with the company’s beta value hitting 2.85. At the close of trading, the stock’s price was $1.25, to imply an increase of 1.63% or $0.02 in intraday trading. The WKHS share’s 52-week high remains $68.07, putting it -5345.6% down since that peak but still an impressive 12.8% since price per share fell to its 52-week low of $1.09. The company has a valuation of $6.40M, with an average of 0.59 million shares in intraday trading volume over the past 10 days and average of 354.68K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Workhorse Group Inc (WKHS), translating to a mean rating of 3.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give WKHS a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy.

Workhorse Group Inc (NASDAQ:WKHS) trade information

After registering a 1.63% upside in the last session, Workhorse Group Inc (WKHS) has traded red over the past five days. The 5-day price performance for the stock is -6.72%, and -51.55% over 30 days. With these gigs, the year-to-date price performance is -85.67%. Short interest in Workhorse Group Inc (NASDAQ:WKHS) saw shorts transact 0.91 million shares and set a 3.23 days time to cover.

The extremes give us $0.5 and $3.5 for target low and target high price respectively. As such, WKHS has been trading -180.0% off suggested target high and 60.0% from its likely low.

WKHS Dividends

Workhorse Group Inc has its next earnings report out on 2025-Mar-30. 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.

Workhorse Group Inc (NASDAQ:WKHS)’s Major holders

Workhorse Group Inc insiders hold 1.40% of total outstanding shares, with institutional holders owning 4.22% of the shares at 4.28% float percentage. In total, 4.22% institutions holds shares in the company, led by CENTIVA CAPITAL, LP. As of 2024-06-30, the company held over 0.33 million shares (or 1.7636% of shares), all amounting to roughly $0.52 million.

The next major institution holding the largest number of shares is QUBE RESEARCH & TECHNOLOGIES LTD with 0.28 million shares, or about 1.51% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.45 million.

We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Workhorse Group Inc (WKHS) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 44.93 shares. This is just over 1.00% of the total shares, with a market valuation of $56158.0. Data from the same date shows that the other fund manager holds a little less at 11.35, or 0.25% of the shares, all valued at about 14181.0.