WKHS - Workhorse Group Inc.
| Previous Close | 1.4400 |
| Open | 1.5800 |
| Bid | 1.6300 x 4000 |
| Ask | 1.6400 x 1100 |
| Day's Range | 1.4500 - 1.6300 |
| 52 Week Range | 0.3700 - 3.2700 |
| Volume | 4,465,836 |
| Avg. Volume | 2,596,654 |
| Market Cap | 104.727M |
| Beta (3Y Monthly) | 2.90 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.6860 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 2.00 |
- Thomson Reuters StreetEvents•12 days ago
Edited Transcript of WKHS earnings conference call or presentation 7-May-19 2:00pm GMT
Q1 2019 Workhorse Group Inc Earnings Call
- American City Business Journals•14 days ago
Report: Company looks to raise $300 million for Lordstown plant
The unnamed joint venture between Loveland electric truck maker Workhorse and its co-founder is looking to raise $300 million to buy the shuttered General Motors plant in Lordstown.
- American City Business Journals•14 days ago
Cincinnati stocks plummet with market on China trade battle
Greater Cincinnati stocks plunged along with the stock market Monday amid the escalating trade battle between the U.S. and China.
- Benzinga•17 days ago
New Life For Lordstown? Workhorse In Talks To Acquire Shuttered GM Facility
Workhorse Group (NASDAQ: WKHS) is in the final stages of acquiring General Motors' (NYSE: GM) Lordstown Complex in Lordstown, Ohio, GM said in a statement on May 8, 2019. Under the terms of the deal, which has not been finalized, a newly formed entity led by Workhorse founder Steve Burns would acquire the facility with Workhorse itself holding a minority interest in the new entity. "This potential agreement creates a positive outcome for all parties involved and will help solidify the leadership of Workhorse's role in the [electric vehicle] community," said Workhorse CEO Duane Hughes.
- Bloomberg•18 days ago
Trump’s ‘Great News’ Lands With Thud on Abandoned GM Plant Floor
The president of United Auto Workers Local 1112 in Lordstown -- who Trump attacked on Twitter two months ago -- is among a handful of workers whose job is to do maintenance at the inactive compact car factory that made its last Chevrolet Cruze in March. “I haven’t heard anything about it,” Green said by phone Wednesday.
- American City Business Journals•18 days ago
Workhorse spokesman: Postal service vehicles may not be manufactured at Lordstown plant
Workhorse spokesman Tom Colton told the Business Courier that if it lands the USPS contract, the vehicles would not necessarily be built in Lordstown.
Reuters•18 days agoUnder pressure from Trump, GM in talks to sell idled Ohio plant
WASHINGTON/TORONTO (Reuters) - Under pressure from President Donald Trump, General Motors Co said on Wednesday it was in talks to sell an idled northeast Ohio plant to a cash-strapped electric truck-building company. The No. 1 U.S. automaker also said it would invest $700 million in three other plants in Ohio - a state important to Trump's re-election chances in 2020 - and maintain some operations at a Canadian factory that had been slated to close by year end. The decisions came after GM faced months of criticism over its plan announced in November to close five North American plants and cut 15,000 jobs.
TechCrunch•18 days agoGM in talks to sell shuttered Lordstown factory to Workhorse for EV pickups
General Motors is in talks to sell its Lordstown vehicle factory in Ohio toWorkhorse Group, a battery-electric transportation technology company, toproduce EV pickup trucks
- TheStreet.com•19 days ago
Trump Tweet Sends Penny Stock Soaring
soared over 200% to $2.65 Wednesday when it became the subject of one President Donald Trump's tweets. CEO Mary Barra told him that GM would sell its shuttered Lordstown, Ohio manufacturing plant to Workhorse to build electric trucks. "GREAT NEWS FOR OHIO!" Trump wrote "Just spoke to Mary Barra, CEO of General Motors, who informed me that, subject to a UAW agreement etc., GM will be selling their beautiful Lordstown Plant to Workhorse, where they plan to build Electric Trucks.
- American City Business Journals•19 days ago
GM announces new manufacturing jobs coming to Dayton-area plant
Automotive giant General Motors announced Wednesday it is creating hundreds of manufacturing jobs and investing millions of dollars in three Ohio cities, including a Dayton-area community.
- American City Business Journals•19 days ago
DeWine: Lordstown deal’s success hinges on Loveland company getting postal service contract
The potential for a Loveland electric truck manufacturer to bring a major number of jobs back to a shuttered auto plant in northeast Ohio depends upon it getting a U.S. Postal Service contract as that agency replaces its vehicle fleet, Ohio Gov. Mike DeWine said on Wednesday.
- Bloomberg•19 days ago
GM's Ohio Plant Sale Plan Draws Trump's Praise, UAW's Skepticism
The discussions with Workhorse Group Inc., which makes plug-in pickups and all-electric delivery vans, and an affiliated new entity could bring “significant” production and assembly jobs to the Lordstown manufacturing complex, GM said in a statement Wednesday. The United Auto Workers union is skeptical, calling for the company to keep operating the plant. Trump preempted the announcement by more than an hour, writing in a tweet Wednesday that the sale to Workhorse will be subject to reaching an agreement with the UAW, which employed more than 1,400 hourly workers at the factory before GM scheduled its closure.
- American City Business Journals•19 days ago
Trump tweet: Loveland manufacturer will buy shuttered GM plant in Lordstown
A joint venture between a Loveland-based manufacturer and its founder is in early-stage negotiations to acquire the shuttered General Motors plant in Lordstown, Ohio, and would build electric trucks there.
- MarketWatch•19 days ago
GM plans to sell Ohio plant to electric truck company Workhorse Group
An obscure electric-truck and aircraft maker in Ohio vaults to the forefront of U.S. politics after President Trump tweets the company, Workhorse Group Inc., is buying a General Motors Co. plant in its home state.
- PR Newswire•19 days ago
GM in Discussions with Cincinnati-Based Workhorse Group to Sell its Lordstown, Ohio, Complex
DETROIT, May 8, 2019 /PRNewswire/ -- General Motors Co. (GM) said today it is in discussions with Workhorse Group Inc. (WKHS) and an affiliated, newly formed entity to sell the company's Lordstown Complex in Lordstown, Ohio. The move has the potential to bring significant production and electric vehicle assembly jobs to the plant. Upon final agreement, the entity, led by Workhorse founder Steve Burns, would acquire the facility.
- Reuters•19 days ago
GM to sell Lordstown plant, invest in Ohio -Trump
WASHINGTON/TORONTO May 8 (Reuters) - General Motors Co moved to solve two major political headaches on Wednesday as U.S. President Donald Trump announced the Detroit automaker will sell its Lordstown, Ohio, plant to a company to build electric trucks, while GM said it would maintain some operations at a Canadian plant. The decision came after GM faced months of criticism over its plan announced in November to close five North American plants and cut 15,000 jobs. GM's decision to close the small-car Ohio assembly plant in a key state in the 2020 election had already become fodder for several Democratic presidential candidates.
- MarketWatch•19 days ago
Workhorse shares surge as Trump reports deal with GM over Lordstown plant
Shares of Workhorse Group surged 32% as President Trump, in a tweet, said that General Motors is selling its Lordstown, Ohio, plant to the Cincinnati electric vehicle company, subject to UAW approval. Trump in another tweet added that GM will spend $700 million in 3 separate Ohio locations, creating 450 jobs. Neither company immediately confirmed the deal.
- Benzinga•20 days ago
Workhorse Posts Declining Sales; Expects Full Production Of Electric Vehicle By Fourth Quarter
Sales continued to fall at Workhorse (NASDAQ: WKHS) as it delivered fewer trucks in the first quarter of 2019 during its transition to an electric-vehicle maker, the company said. As part of that, the company has engaged a financial partner that is helping it explore a sale of its SureFly personal helicopter business, CFO Paul Gaitan said on the company's earnings call. The company reported sales of $364,000, down from $560,000 in the first quarter of 2018.
- Associated Press•20 days ago
Workhorse: 1Q Earnings Snapshot
The Loveland, Ohio-based company said it had a loss of 11 cents per share. The truck and drone manufacturer posted revenue of $364,200 in the period. Its adjusted revenue was $364,000. The company's shares ...
- PR Newswire•20 days ago
Workhorse Group Reports First Quarter 2019 Results
CINCINNATI, May 7, 2019 /PRNewswire/ -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective electric-mobility solutions to the transportation sector, today reported financial results for the first quarter ended March 31, 2019. April 2019: Entered an alliance with Duke Energy. April 2019: Entered into subscription agreement with existing Workhorse investors to sell 3,957,432 shares of common stock at a price per share of $0.74, resulting in net proceeds of $2.9 million that will be used for working capital and general corporate purposes.
- PR Newswire•28 days ago
Workhorse Group Sets First Quarter 2019 Earnings Call for Tuesday, May 7, 2019 at 10:00 a.m. ET
CINCINNATI , April 29, 2019 /PRNewswire/ -- Workhorse Group Inc. (NASDAQ: WKHS ) ("Workhorse" or "the Company") , an American technology company focused on providing sustainable ...
- PR Newswire•last month
Workhorse and Prefix Corporation Join Forces to Refine Workhorse's Electric Delivery Vehicle of the Future
Experienced Teams From Both Organizations Have Formed a Strategic Partnership Focused on Finalizing the Workhorse N-GEN Production Process for Initial Delivery Beginning in the Third Quarter of 2019 CINCINNATI ...
- PR Newswire•2 months ago
Workhorse Group Forms Alliance with Duke Energy to Support Faster Adoption and Scaling of Fleet Electrification
Alliance Focuses on Electric Vehicle (EV) Infrastructure, Depot-Centric Energy Management Services and Battery Management CINCINNATI , April 4, 2019 /PRNewswire/ -- Workhorse Group Inc. (NASDAQ: WKHS) ...
