with ownership of 10,076,664, which is approximately -0.566% of the company’s market cap and around 0.60% of the total institutional ownership VANGUARD GROUP INC, holding 8,017,751 shares of the stock with an approximate value of $22.29 million in WKHS stocks shares and STATE STREET CORP, currently with $18.99 million in WKHS stock with ownership of nearly 89.108% of the company’s market capitalization. The top three institutional holders of WKHS stocks are: BLACKROCK INC. There are presently around $147 million, or 34.10% of WKHS stock, in the hands of institutional investors. > 5 Best Inflation Stocks for 2022 <<< An analysis of insider ownership at Workhorse Group Inc. The present Moving Average for the last 50 days of trading for this stock 3.32, while it was recorded at 2.83 for the last single week of trading, and 3.41 for the last 200 days. The current RSI for WKHS stock in for the last two-week period is set at 43.27, with the RSI for the last a single of trading hit 43.22, and the three-weeks RSI is set at 44.26 for Workhorse Group Inc. An RSI rate of 50 would represent a neutral market momentum. Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. With this latest performance, WKHS shares dropped by -5.44% in over the last four-week period, additionally sinking by -44.84% over the last 6 months – not to mention a drop of -59.71% in the past year of trading. fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.47. Trading performance analysis for WKHS stock is set at 0.21 The Price to Book ratio for the last quarter was 2.70. The Average True Range (ATR) for Workhorse Group Inc. Previously, the target price had yet another raise to $7, while ROTH Capital analysts kept a Buy rating on WKHS stock. The new note on the price target was released on March 03, 2022, representing the official price target for Workhorse Group Inc. Lafferty raised their target price from $4 to $6. While these analysts kept the previous recommendation, R. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 09, 2022. ROTH Capital have made an estimate for Workhorse Group Inc. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WKHS stock is a recommendation set at 2.50. :īased on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WKHS shares is $5.83 per share. Here is what top equities market gurus are saying about Workhorse Group Inc. If we look at the average trading volume of 3.80M shares, WKHS reached to a volume of 3352302 in the most recent trading day, which is why market watchdogs consider the stock to be active. However, it is still -31.75% lower than its most recent low trading price. The daily chart for WKHS points out that the company has recorded -44.84% loss over the past six months. It opened the trading session at $2.95, the shares rose to $2.95 and dropped to $2.70, the range by which the price of stock traded the whole day. (Nasdaq: WKHS) (“Workhorse” or “the Company”) an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today reported financial results for the second quarter ended June 30, 2022. Sign up here to get your free report now. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest. While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |