Workhorse Group Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $1.36 on 07/31/23, while the lowest price for the same duration was marked at $0.15 on 04/30/24.
52-week price history of WKHS Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Workhorse Group Inc’s current trading price is -84.62% away from its 52-week high, while its distance from the 52-week low is 39.47%. The stock’s price range during this period has spanned from $0.15 to $1.36. In the Consumer Cyclical sector, the Workhorse Group Inc’s shares surpassed a trading volume of approximately 3.42 million for the day, which was noticeably lower compared to the average daily volume of 9.15.82 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Workhorse Group Inc (WKHS) has experienced a quarterly decline of -37.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 78.50M and boasts a workforce of 298 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2472, with a change in price of -0.1454. Similarly, Workhorse Group Inc recorded 12,735,053 in trading volume during the last 100 days, posting a change of -41.14%.
Examining WKHS’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for WKHS stands at 0.24. Similarly, the long-term debt-to-equity ratio is also 0.07.
WKHS Stock Stochastic Average
Today’s raw stochastic average for Workhorse Group Inc over the last 50 days is 46.89%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 47.42%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 51.29% and 48.78%, respectively.
WKHS Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -41.89%. However, over the past six months, we’ve seen a stronger performance of -43.91%. The price of WKHS fallen by 33.25% over the last 30 days. And in the last five days, it has fallen by -10.79%.
