Workhorse Group (NASDAQ:WKHS – Get Free Report) announced its earnings results on Monday. The company reported ($1.40) earnings per share for the quarter, hitting analysts’ consensus estimates of ($1.40), Yahoo Finance reports. The company had revenue of $0.84 million for the quarter, compared to analyst estimates of $3.00 million. Workhorse Group had a negative return on equity of 138.20% and a negative net margin of 1,005.23%. During the same quarter last year, the company earned ($2.40) earnings per share.
Workhorse Group Stock Performance
Shares of NASDAQ WKHS traded down $0.04 during trading hours on Wednesday, reaching $0.92. 124,209 shares of the stock were exchanged, compared to its average volume of 847,534. The firm has a market capitalization of $17.30 million, a price-to-earnings ratio of -0.09 and a beta of 2.57. Workhorse Group has a 52 week low of $0.86 and a 52 week high of $16.60. The stock’s fifty day simple moving average is $1.60 and its 200 day simple moving average is $3.51.
About Workhorse Group
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