Stocks of Workhorse Group Inc (NASDAQ:WKHS) traded higher last session on Wall Street, up 6.10% to $2.26.
WKHS stock price is now 76.40% away from the 50-day moving average and -62.57% away from the 200-day moving average. The market capitalization of the company currently stands at $21.41M.
With the price target reduced from $7 to $3.50, ROTH Capital Downgraded its rating from Buy to Neutral for Workhorse Group Inc (NASDAQ: WKHS). On March 03, 2022, R. F. Lafferty Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $4 to quote $6, while ‘ROTH Capital’ rates the stock as ‘Buy’
In other news, Peters James, VP, Supply Chain Management sold 100 shares of the company’s stock on Apr 17 ’25. The stock was sold for $131 at an average price of $1.31. Upon completion of the transaction, the VP, Supply Chain Management now directly owns 470 shares in the company, valued at $1062.2. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 17 ’25, Chief Technology Officer Anderson Joshua Joseph sold 120 shares of the business’s stock. A total of $157 was realized by selling the stock at an average price of $1.31. This leaves the insider owning 823 shares of the company worth $1859.98. A total of 0.46% of the company’s stock is owned by insiders.
During the past 12 months, Workhorse Group Inc has had a low of $0.81 and a high of $28.12. As of last week, the company has a debt-to-equity ratio of 1.62, a current ratio of 0.96, and a quick ratio of 0.45. The fifty day moving average price for WKHS is $1.2374 and a two-hundred day moving average price translates $6.1221123 for the stock.
The latest earnings results from Workhorse Group Inc (NASDAQ: WKHS) was released for 2025-03-31. The net profit margin was -1576.19% and return on equity was -188.79% for WKHS. The company reported revenue of $0.64 million for the quarter, compared to $1.34 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -52.13 percent.
