Workhorse Group (NASDAQ:WKHS – Get Free Report) issued its quarterly earnings data on Thursday. The company reported ($4.10) EPS for the quarter, missing the consensus estimate of ($4.00) by ($0.10), Zacks reports. Workhorse Group had a negative return on equity of 192.21% and a negative net margin of 1,383.63%.
Workhorse Group Stock Down 9.4%
NASDAQ WKHS opened at $0.90 on Friday. The firm has a market cap of $4.62 million, a price-to-earnings ratio of -0.11 and a beta of 2.83. The business has a 50-day moving average price of $1.56 and a 200-day moving average price of $6.78. Workhorse Group has a twelve month low of $0.89 and a twelve month high of $68.07.
Analysts Set New Price Targets
Separately, StockNews.com initiated coverage on Workhorse Group in a report on Tuesday, March 18th. They set a “sell” rating for the company.
About Workhorse Group
Workhorse Group Inc, a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers commercial vehicles under the Workhorse brand. The company was formerly known as AMP Holding Inc and changed its name to Workhorse Group Inc in April 2015.
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