Workhorse Group (WKHS) Given Daily News Impact Score of 0.22
News coverage about Workhorse Group (NASDAQ:WKHS) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Workhorse Group earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.5503790849821 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several equities analysts have issued reports on WKHS shares. Maxim Group set a $5.00 price target on shares of Workhorse Group and gave the company a “buy” rating in a research report on Wednesday, August 9th. Cowen and Company started coverage on shares of Workhorse Group in a research report on Thursday, August 17th. They issued an “outperform” rating and a $5.25 price target for the company.
Shares of Workhorse Group (NASDAQ WKHS) traded up 1.61% during trading on Wednesday, reaching $3.78. 40,137 shares of the company’s stock traded hands. The company’s 50-day moving average is $3.02 and its 200 day moving average is $2.97. The company’s market cap is $141.08 million. Workhorse Group has a 52-week low of $1.85 and a 52-week high of $10.30.
Workhorse Group (NASDAQ:WKHS) last posted its quarterly earnings results on Wednesday, August 9th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.23) by ($0.03). Workhorse Group had a negative net margin of 419.92% and a negative return on equity of 290.34%. The firm had revenue of $0.27 million for the quarter. Equities analysts forecast that Workhorse Group will post ($0.93) EPS for the current year.
Workhorse Group Company Profile
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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