Workhorse Group Inc (NASDAQ:WKHS) has a beta value of 2.58 and has seen 50.68 million shares traded in the last trading session. The company, currently valued at $41.87M, closed the last trade at $4.42 per share which meant it gained $1.51 on the day or 51.89% during that session. The WKHS stock price is -536.2% off its 52-week high price of $28.12 and 81.67% above the 52-week low of $0.81. If we look at the company’s 10-day average daily trading volume, we find that it stood at 13.01 million shares traded. The 3-month trading volume is 1.84 million shares.
The consensus among analysts is that Workhorse Group Inc (WKHS) is Buy stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.
Workhorse Group Inc (NASDAQ:WKHS) trade information
Sporting 51.89% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the WKHS stock price touched $4.42 or saw a rise of 21.21%. Year-to-date, Workhorse Group Inc shares have moved -76.27%, while the 5-day performance has seen it change 204.83%. Over the past 30 days, the shares of Workhorse Group Inc (NASDAQ:WKHS) have changed 333.33%. Short interest in the company has seen 1.42 million shares shorted with days to cover at 2.15.
Wall Street analysts have a consensus price target for the stock at $2, which means that the shares’ value could drop -121.0% from current levels. The projected low price target is $0.5 while the price target rests at a high of $3.5. In that case, then, we find that the current price level is 20.81% off the targeted high while a plunge would see the stock lose 88.69% from current levels.
Workhorse Group Inc (WKHS) estimates and forecasts
The company’s shares have lost -56.78% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 18.62% over the past 5 years.
WKHS Dividends
Workhorse Group Inc is expected to release its next earnings report on 2025-May-15 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Workhorse Group Inc (NASDAQ:WKHS)’s Major holders
Insiders own 0.41% of the company shares, while shares held by institutions stand at 2.59% with a share float percentage of 2.60%. Investors are also buoyed by the number of investors in a company, with Workhorse Group Inc having a total of 81.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 0.55 million shares worth more than $0.87 million. As of 2024-06-30, VANGUARD GROUP INC held 0.4269% of shares outstanding.
The other major institutional holder is CENTIVA CAPITAL, LP, with the holding of over 0.33 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.52 million and represent 0.2567% of shares outstanding.
