Previous close | 0.2031 |
Open | 0.1919 |
Bid | 0.1915 x 30000 |
Ask | 0.2064 x 30000 |
Day's range | 0.1919 - 0.1919 |
52-week range | 0.1331 - 1.1760 |
Volume | |
Avg. volume | 1,433 |
Market cap | 73.355M |
Beta (5Y monthly) | 2.54 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Workhorse (WKHS) delivered earnings and revenue surprises of -25% and 55.37%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
The current 2024 meme stock moment feels like a callback from 2021's big retail saga that resulted in a movie. But despite some big pops in GameStop and AMC, this time has some key differences.
The heavy selling pressure might have exhausted for Workhorse (WKHS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.