Worksport Ltd (NASDAQ:WKSP) currently has a daily average trading volume of 498.47K but it saw 2167328 shares traded in last market. With a market cap of 22.65M USD, the company’s current market price of $0.73 came falling about -15.78 while comparing to the previous closing price of $0.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.97 and as low as $0.36. In the recent trading on the day, stock has struck highest price mark of $0.7 while lowest mark touched by it was $0.89.
Taking a look at 20-day trading activity of Worksport Ltd (WKSP) gives us an average price of $0.7514, while its current price level is -62.81% below from 52-week high level whereas it is 103.53% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5889 while that of 200 days or SMA-200 reads an average of $0.7140. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.08% during that period while stretching the period over a month that increases to 14.33%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.92 which implies that the stock is in neutral territory.
Over the week, WKSP’s stock price is moving -0.18% down while it is 31.07% when we observe its performance for the past one month. Year-to-date it is -50.83% down and over the past year, the stock is showing a downside performance of -48.04%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.19 beat the consensus estimate of -0.24 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.11 while estimate for next year EPS is -0.56. In next quarter, company is expected to be making quarterly sales of $3.1M as analysts are expecting the sales for current fiscal year at $7M and seeing the company making $28.8M in sales next year. Moreover, analysts are in estimates of $2.2M for current-quarter revenue.
Currently, Worksport Ltd’s total number of outstanding shares is 30.92M. Company’s return on investment (ROI) stands at -70.76% and return on equity (ROE) at -94.70%. Stock’s beta reads 0.60. Stock has a price to book (P/B) ratio of 1.38 while price to sale or P/S ratio amounts to 3.54. Its return on asset (ROA) is -62.63% on average.
