During the last session, Worksport Ltd (NASDAQ:WKSP)’s traded shares were 0.33 million, with the beta value of the company hitting 1.98. At the end of the trading day, the stock’s price was $3.8, reflecting an intraday loss of -2.31% or -$0.09. The 52-week high for the WKSP share is $12.00, that puts it down -215.79 from that peak though still a striking 35.79% gain since the share price plummeted to a 52-week low of $2.44. The company’s market capitalization is $19.76M, and the average intraday trading volume over the past 10 days was 0.33 million shares, and the average trade volume was 220.35K shares over the past three months.
Worksport Ltd (NASDAQ:WKSP) trade information
Worksport Ltd (WKSP) registered a -2.31% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.31% in intraday trading to $3.8, hitting a weekly high. The stock’s 5-day price performance is 10.14%, and it has moved by 16.56% in 30 days. Based on these gigs, the overall price performance for the year is -58.70%. The short interest in Worksport Ltd (NASDAQ:WKSP) is 0.18 million shares and it means that shorts have 0.54 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.62, which implies an increase of 42.6% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.75 and $11.5 respectively. As a result, WKSP is trading at a discount of -202.63% off the target high and 53.95% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -24.52%. While earnings are projected to return 50.86% in 2025.
WKSP Dividends
Worksport Ltd is due to release its next quarterly earnings on 2025-May-15. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Worksport Ltd (NASDAQ:WKSP)’s Major holders
Worksport Ltd insiders own 6.29% of total outstanding shares while institutional holders control 9.48%, with the float percentage being 10.12%. ARMISTICE CAPITAL, LLC is the largest shareholder of the company, while 18.0 institutions own stock in it. As of 2024-06-30, the company held over 2.21 million shares (or 10.4151% of all shares), a total value of $1.72 million in shares.
The next largest institutional holding, with 0.2 million shares, is of GEODE CAPITAL MANAGEMENT, LLC’s that is approximately 0.9252% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.15 million.
