In last trading session, Worksport Ltd (NASDAQ:WKSP) saw 1.94 million shares changing hands with its beta currently measuring 2.08. Company’s recent per share price level of $3.31 trading at -$0.21 or -5.97% at ring of the bell on the day assigns it a market valuation of $16.32M. That closing price of WKSP’s stock is at a discount of -262.54% from its 52-week high price of $12.00 and is indicating a premium of 26.28% from its 52-week low price of $2.44.
Worksport Ltd (NASDAQ:WKSP) trade information
Upright in the red during last session for losing -5.97%, in the last five days WKSP remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $3.31 price level, adding 9.32% to its value on the day. Worksport Ltd’s shares saw a change of -64.02% in year-to-date performance and have moved 16.55% in past 5-day. Worksport Ltd (NASDAQ:WKSP) showed a performance of 4.75% in past 30-days.
Wall Street analysts have assigned a consensus price target of 6.62 to the stock, which implies a rise of 50.04% to its current value. Analysts have been projecting 1.75 as a low price target for the stock while placing it at a high target of 11.5. It follows that stock’s current price would jump 47.13% in reaching the projected high whereas dropping to the targeted low would mean a gain of 47.13% for stock’s current value.
Worksport Ltd (WKSP) estimates and forecasts
This year revenue growth is estimated to rise 221.24% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 5.25M for the same. And 3 analysts are in estimates of company making revenue of 8.02M in the next quarter. Company posted 1.92M and 3.12M 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 -24.52% during past 5 years.
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 Concord Street Trust-Fidelity Extended Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025, the former fund manager was holding 16.35 shares of worth $54105.0 or 0.33% of the total outstanding shares. The later fund manager was in possession of 14.59 shares on Dec 31, 2024, making its stake of worth around $48289.0 in the company or a holder of 0.30% of company’s stock.