Workhorse Group (WKHS) to Release Earnings on Friday

Workhorse Group (NASDAQ:WKHSGet Free Report) is scheduled to be posting its quarterly earnings results on Friday, March 1st.

Workhorse Group Stock Down 2.1 %

Shares of NASDAQ:WKHS traded down $0.01 on Thursday, reaching $0.33. 3,129,134 shares of the company traded hands, compared to its average volume of 7,415,884. The business’s 50-day simple moving average is $0.31 and its 200 day simple moving average is $0.43. Workhorse Group has a 52 week low of $0.23 and a 52 week high of $2.02.

Hedge Funds Weigh In On Workhorse Group

Large investors have recently made changes to their positions in the business. Hsbc Holdings PLC purchased a new position in Workhorse Group in the 1st quarter worth approximately $65,000. Private Advisor Group LLC bought a new stake in Workhorse Group in the 1st quarter worth approximately $71,000. Tower Research Capital LLC TRC grew its position in Workhorse Group by 164.4% in the 3rd quarter. Tower Research Capital LLC TRC now owns 21,205 shares of the company’s stock worth $61,000 after purchasing an additional 13,185 shares during the period. Principal Financial Group Inc. grew its position in Workhorse Group by 58.6% in the 2nd quarter. Principal Financial Group Inc. now owns 21,740 shares of the company’s stock worth $57,000 after purchasing an additional 8,034 shares during the period. Finally, Creative Planning grew its position in Workhorse Group by 60.4% in the 2nd quarter. Creative Planning now owns 21,901 shares of the company’s stock worth $57,000 after purchasing an additional 8,250 shares during the period. 25.10% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on WKHS shares. R. F. Lafferty reaffirmed a “hold” rating and set a $1.00 price objective on shares of Workhorse Group in a research note on Wednesday, November 15th. BTIG Research reissued a “neutral” rating on shares of Workhorse Group in a research note on Wednesday, November 15th.

Check Out Our Latest Analysis on WKHS

About Workhorse Group

(Get Free Report)

Workhorse Group Inc, a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, as well as designs and manufactures drone systems.

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Earnings History for Workhorse Group (NASDAQ:WKHS)

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