Workhorse Group Inc. (NASDAQ:WKHS) went up by 17.14% from its latest closing price when compared to the 1-year high value of $5.37 and move down -161.95%, while WKHS stocks collected +30.57% of gains with the last five trading sessions. Press Release reported on 03/10/20 that Workhorse Group Reports Fourth Quarter and Full Year 2019 Results
Workhorse Group Inc. (NASDAQ:WKHS) Worth an Investment?
Workhorse Group Inc. (NASDAQ: WKHS) The 36 Months beta value for WKHS stocks is at 1.87, while of the analysts out of 0 who provided ratings for Workhorse Group Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $5.50 which is $3.45 above current price. WKHS currently has a short float of 13.25% and public float of 56.13M with average trading volume of 1.61M shares.
WKHS Market Performance
WKHS stocks went up by 30.57% for the week, with the monthly drop of -42.25% and a quarterly performance of -41.76%, while its annual performance rate touched 176.95%. The simple moving average for the period of the last 20 days is -11.45% for WKHS stocks with the simple moving average of -35.15% for the last 200 days.
Analysts’ Opinion on Workhorse Group Inc. (NASDAQ:WKHS)
Many brokerage firms have already submitted their reports for WKHS stocks, with BTIG Research repeating the rating for WKHS shares by setting it to “Buy”. The predicted price for WKHS socks in the upcoming period according to BTIG Research is $6 based on the research report published on January 31, 2020.
Maxim Group, on the other hand, stated in their research note that they expect to see WKHS stock at the price of $6, previously predicting the value of $5. The rating they have provided for WKHS stocks is “Buy” according to the report published on January 24, 2018.
Maxim Group gave “Buy” rating to WKHS stocks, setting the target price at $5 in the report published on May 10, 2017.
WKHS Stocks -29.38% Far from 50 Day Moving Average
After a stumble in the market that brought WKHS to its low price for the period of the last 52 weeks, Workhorse Group Inc. was unable to take a rebound, for now settling with -61.82% of loss for the given period.
The stock volatility was left at 16.03%, however, within the period of a single month, the volatility rate increased by 16.07%, while the shares sank at the distance of -42.58% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -42.58% lower at the present time.
In the course of the last 5 trading sessions, WKHS went up by +30.57%, which changed the moving average for the period of 200 days to the total of -28.07% of losses for the stock in comparison to the 20-day moving average settled at $2.24. In addition, Workhorse Group Inc. saw -32.57% in overturn over the period of a single year with a tendency to cut further losses.
WKHS Stock Fundamentals
The current profitability levels are settled at -6338.12 for the present operating margin and -1452.17 for gross margin. The net margin for Workhorse Group Inc. stands at -9868.98. Equity return holds the value 125.60%, with -116.90% for asset returns.