|Bid||17.15 x 1300|
|Ask||17.24 x 1000|
|Day's Range||16.36 - 17.40|
|52 Week Range||1.32 - 22.90|
|Beta (5Y Monthly)||2.47|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.50|
Increasing demand for green vehicles is expected to have aided Workhorse Group's (WKHS) Q2 sales. However, soaring SG&A and R&D costs are anticipated to have dented operating margins.
In the latest trading session, Workhorse Group (WKHS) closed at $16.93, marking a -1.43% move from the previous day.
As we've seen often in recent months, the Nasdaq Composite led the way higher, but the Dow Jones Industrial Average and S&P 500 also managed to post solid gains. Electric vehicles continue to inspire a loyal group of investors, and between existing giants and up-and-coming newer players on the EV scene, there's been a lot of speculation about just how important a market the industry could become. Tesla (NASDAQ: TSLA) and its 4% rise played the most important role in giving the Nasdaq a boost, but gains of more than 20% for both Workhorse Group (NASDAQ: WKHS) and Nikola (NASDAQ: NKLA) showed the breadth of interest in the sector.