At the end of the latest market close, Worksport Ltd. (WKSP) was valued at $5.66. In that particular session, Stock kicked-off at the price of $5.63 while reaching the peak value of $6.20 and lowest value recorded on the day was $5.35. The stock current value is $5.88.Recently in News on September 13, 2021, Worksport Ltd. Update on Breakthrough Hydrogen Project & University Partnership. Worksport Ltd (Nasdaq-CM: WKSP; WKSPW) (“Worksport” or the “Company”), through its subsidiary Terravis Energy, Inc. (or “Terravis Energy”), today outlined additional details on its collaboration with Ontario Tech University to develop Terravis Energy’s NP (non-parasitic) hydrogen solutions. You can read further details here
Worksport Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $16.40 on 02/17/21, with the lowest value was $2.42 for the same time period, recorded on 02/04/21.
Worksport Ltd. (WKSP) full year performance was 8.49%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Worksport Ltd. shares are logging -64.15% during the 52-week period from high price, and 162.50% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.24 and $16.40.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1695000 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Worksport Ltd. (WKSP) recorded performance in the market was 98.65%, having the revenues showcasing -47.50% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 66.56M, as it employees total of 1 workers.
Worksport Ltd. (WKSP) in the eye of market guru’s
During the last month, 0 analysts gave the Worksport Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 7.66, with a change in the price was noted -0.62. In a similar fashion, Worksport Ltd. posted a movement of -9.54% for the period of last 100 days, recording 220,217 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for WKSP is recording 0.02 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Worksport Ltd. (WKSP): Stocks Technical analysis and Trends
Raw Stochastic average of Worksport Ltd. in the period of last 50 days is set at 22.05%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 76.12%. In the last 20 days, the company’s Stochastic %K was 73.89% and its Stochastic %D was recorded 72.95%.
If we look into the earlier routines of Worksport Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 98.65%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -40.00%, alongside a boost of 8.49% for the period of the last 12 months. The shares increased approximately by 1.73% in the 7-day charts and went down by 12.64% in the period of the last 30 days. Common stock shares were lifted by -47.50% during last recorded quarter.