Workhorse Group Inc (NASDAQ:WKHS) currently has a daily average trading volume of 1.80M but it saw 3092896 shares traded in last market. With a market cap of 27.56M USD, the company’s current market price of $2.91 came rising about 0.34 while comparing to the previous closing price of $2.9. In past 52 weeks, the stock remained buoying in the range of price level as high as $28.12 and as low as $0.81. In the recent trading on the day, stock has struck highest price mark of $2.52 while lowest mark touched by it was $2.98.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the ROTH Capital which downgraded the stock as “Neutral” in its note to investors issued on August 09, 2022, recommending a price target of between $7 and $3.50 for it. R. F. Lafferty upgraded its recommendation for the stock as a “Buy” from “Hold” on March 03, 2022 while assigning a price target range of $4-$6. ROTH Capital issued its recommendations for the stock as it upgraded the price target for the stock is $7.
Over the week, WKHS’s stock price is moving 117.16% up while it is 182.52% when we observe its performance for the past one month. Year-to-date it is -84.16% down and over the past year, the stock is showing a downside performance of -66.65%.
The company is expected to be releasing its next quarterly report on 2025-May-15, for which analysts forecasted an EPS of -3.98 while estimate for next year EPS is -15.55. Moreover, analysts are in estimates of $2.3M for current-quarter revenue.
Currently, Workhorse Group Inc’s total number of outstanding shares is 9.47M with 0.41% of that held by the insiders while 2.59% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -265.78% and return on equity (ROE) at -188.79%. Stock’s beta reads 2.55. Stock has a price to book (P/B) ratio of 0.53 while price to sale or P/S ratio amounts to 4.66. Its return on asset (ROA) is -81.34% on average.
