Workhorse Group (NASDAQ:WKHS) Shares Up 5.1%
Workhorse Group Inc (NASDAQ:WKHS)’s share price shot up 5.1% during mid-day trading on Friday . The stock traded as high as $3.22 and last traded at $3.12, 3,511,500 shares changed hands during mid-day trading. An increase of 26% from the average session volume of 2,776,780 shares. The stock had previously closed at $2.97.
Several brokerages have recently issued reports on WKHS. ValuEngine cut shares of Workhorse Group from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. BidaskClub cut shares of Workhorse Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 5th.
The firm’s fifty day moving average price is $3.81 and its 200-day moving average price is $2.19.
Workhorse Group Company Profile (NASDAQ:WKHS)
Workhorse Group Inc designs, manufactures, builds, sells, and leases battery-electric vehicles and aircraft in the United States. It operates through two divisions, Automotive and Aviation. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency.
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