Workhorse Group Inc. (WKHS) Price Target Raised to $22.00
Workhorse Group Inc. (NASDAQ:WKHS) had its price objective upped by Maxim Group from $15.00 to $22.00 in a research report report published on Monday morning. Maxim Group currently has a buy rating on the stock.
Workhorse Group (NASDAQ:WKHS) opened at 8.17 on Monday. The stock’s market capitalization is $204.81 million. Workhorse Group has a 1-year low of $3.05 and a 1-year high of $11.70. The firm has a 50-day moving average of $7.81 and a 200-day moving average of $7.72.
In other news, Director H. Benjamin Samuels purchased 143,500 shares of the business’s stock in a transaction that occurred on Wednesday, September 14th. The stock was purchased at an average cost of $5.28 per share, with a total value of $757,680.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 15.10% of the company’s stock.
About Workhorse Group
Workhorse Group, Inc, formerly AMP Holding Inc, is a development-stage company. The Company designs, develops, manufactures and sells medium-duty trucks with powertrain components under the Workhorse chassis brand. The Company’s products include trucks comprising powertrain and chassis. Its powertrain products include E-GEN and E-100.
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