|Bid||8.41 x 800|
|Ask||8.42 x 1400|
|Day's range||8.24 - 8.48|
|52-week range||7.07 - 42.96|
|Beta (5Y monthly)||2.69|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Workhorse's (WKHS) dismissal of the lawsuit against USPS comes as the company wants to pursue multiple business opportunities available for its last-mile delivery trucks and drone system.
WASHINGTON (Reuters) -Electric vehicle company Workhorse Group voluntarily dismissed on Tuesday its legal challenge against a U.S. Postal Service (USPS) move to award a multibillion-dollar contract to Oshkosh Defense for delivery vehicles. Workhorse had proposed building an all-electric vehicle fleet for USPS, while Oshkosh plans a mix of internal combustion-powered and battery-electric vehicles.
Let's look at three EV stocks -- Workhorse Group (NASDAQ: WKHS), Lordstown Motors (NASDAQ: RIDE), and Canoo (NASDAQ: GOEV) -- that have each fallen more than 40% in 2021 and see whether they are attractive buys right now. For example, management projected it would produce 300 to 400 vehicles by the end of 2020.