Workhorse group4/9/2023 The government agency said it intends for at least 25,000 of the delivery vehicles in its initial 50,000 Oshkosh order to be EVs, and said it intends for at least 40% of the 84,500 vehicles it will buy to be electric. More than a year later, the Post Office is far more committed to going electric. ![]() Oshkosh said at the time that its vehicles for the Postal Service would be equipped with either fuel-efficient engines or battery electric powertrains. The award caught some watchers off guard because at the time, Oshkosh was focused primarily on internal combustion engines, not electrics. The company had initially hoped a big contract from the USPS would jump-start its business, but in February 2021, rival Oshkosh won that massive $6 billion contract. ![]() Workhorse is an electric vehicle start-up whose short history is tied closely to the Post Office's plans to revitalize its fleet. Investors need to be careful not to get ahead of themselves. That news has shares of Workhorse Group (NASDAQ: WKHS), a one-time candidate to provide those vehicles, up more than 20% at one point on Wednesday. Postal Service has altered course a bit on its plans for replacing its aging fleet of delivery vehicles, and now says it plans to buy significantly more electric delivery vehicles in the years to come than it previously forecast. now owns 53,508 shares of Workhorse Group Inc., valued at $40,050 using the latest closing price.ĭAUCH RICHARD F, the Chief Executive Officer of Workhorse Group Inc., purchase 50,000 shares at $3.10 during a trade that took place back on Mar 14, which means that DAUCH RICHARD F is holding 1,955,115 shares at $155,000 based on the most recent closing price.The U.S. Reports are indicating that there were more than several insider trading activities at WKHS starting from Mader Pamela S., who purchase 12,600 shares at the price of $3.18 back on Mar 15. saw -28.44% in overturn over a single year, with a tendency to cut further losses. Over the last 50 days, in opposition, the stock is trading +17.74% upper at present.ĭuring the last 5 trading sessions, WKHS rose by +8.33%, which changed the moving average for the period of 200-days by -54.78% in comparison to the 20-day moving average, which settled at $2.91. Volatility was left at 8.27%, however, over the last 30 days, the volatility rate increased by 9.86%, as shares sank -1.58% for the moving average over the last 20 days. WKHS Trading at 8.95% from the 50-Day Moving AverageĪfter a stumble in the market that brought WKHS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -74.72% of loss for the given period. Lafferty gave a rating of “Hold” to WKHS, setting the target price at $4 in the report published on February 02nd of the current year. The rating they have provided for WKHS stocks is “Buy” according to the report published on March 02nd, 2022. ROTH Capital, on the other hand, stated in their research note that they expect to see WKHS reach a price target of $7. Lafferty is $6 based on the research report published on March 03rd of the current year 2022. Lafferty repeating the rating for WKHS by listing it as a “Buy.” The predicted price for WKHS in the upcoming period, according to R. Many brokerage firms have already submitted their reports for WKHS stocks, with R. The simple moving average for the period of the last 20 days is 7.00% for WKHS stocks with a simple moving average of -25.49% for the last 200 days. The volatility ratio for the week stands at 9.86% while the volatility levels for the past 30 days are set at 8.27% for Workhorse Group Inc. WKHS stocks went up by 8.33% for the week, with a monthly jump of 7.22% and a quarterly performance of -3.70%, while its annual performance rate touched -72.17%. Today, the average trading volume of WKHS was 4.81M shares. WKHS currently public float of 135.25M and currently shorts hold a 32.68% ratio of that float. The average price from analysts is $6.33, which is $3.21 above the current price. Sign up here to get your free report now. ![]() In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest. While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |