The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Workhorse Group Inc.’s current trading price is -82.64% away from its 52-week high, while its distance from the 52-week low is 8.97%. The stock’s price range for this period has been between $0.55 and $3.43 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 10.72 million for the day, a number notably lower than the average daily volume of 10.94 million over the last three months.
The stock of Workhorse Group Inc. (WKHS) is currently priced at $0.60. In the last session, the stock climbed significantly, topping out at $0.6489 after opening at $0.63. The day’s lowest price was $0.605 before the stock closed at $0.63.
In terms of market performance, Workhorse Group Inc. had a fairly uneven. The highest value for the stock in the past year was $3.43 on 09/16/22, and the lowest value was recorded at $0.55 on 09/08/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Workhorse Group Inc. (WKHS) has experienced a quarterly decline of -44.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 131.13M and boasts a workforce of 331 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9261, with a change in price of -0.3557. Similarly, Workhorse Group Inc. recorded 9,472,620 in trading volume during the last 100 days, posting a change of -37.44%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for WKHS stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
WKHS Stock Stochastic Average
As of today, Workhorse Group Inc.’s raw stochastic average for the last 50 days stands at 5.89%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 16.90%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 24.74% and 26.61%, respectively.
WKHS Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -60.82% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -60.30%. Over the past 30 days, the price of WKHS has leaped by -24.66%. And in the last five days, it has surged by 1.93%.