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How to buy Workhorse Group stock in Canada

Own Workhorse Group shares in just a few minutes.

Workhorse Group (WKHS) is a leading auto manufacturers business based in the US. It opened the day at $5.89 after a previous close of $6.03. During the day the price has varied from a low of $5.56 to a high of $5.95. The latest price was $5.79 (25 minute delay). Workhorse Group is listed on the NASDAQ and employs 130 staff. All prices are listed in US Dollars.

How to buy shares in Workhorse Group

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – WKHS – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy Workhorse Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How has Coronavirus impacted Workhorse Group's stock price?

Since the stock market crash in March caused by coronavirus, Workhorse Group's stock price has had significant positive movement.

Its last market close was $5.79, which is 36.61% up on its pre-crash value of $3.67 and 340.30% up on the lowest point reached during the March crash when the stocks fell as low as $1.315.

If you had bought $1,000 worth of Workhorse Group stocks at the start of February 2020, those stocks would have been worth $501.60 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,849.85.

Workhorse Group stock price (NASDAQ: WKHS)

Use our graph to track the performance of WKHS stocks over time.

Workhorse Group shares at a glance

Information last updated 2021-11-26.
Previous close$6.03
Change $-0.24
Change % -3.9801%
Volume 4,656,860
Information last updated 2021-11-28.
52-week range$5.56 - $42.96
50-day moving average $6.90
200-day moving average $11.53
Wall St. target price$9.04
PE ratio 56.2136
Dividend yield N/A (0%)
Earnings per share (TTM) $0.10

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Note: The dollar amounts in the table below are in Canadian dollars.

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Workhorse Group price performance over time

Historical closes compared with the close of $5.79 from 2021-11-26

1 week (2021-11-22) -5.24%
1 month (2021-10-28) -16.93%
3 months (2021-08-27) -39.62%
6 months (2021-05-28) -38.21%
1 year (2020-11-27) -78.70%
2 years (2019-11-29) 110.55%
3 years (2018-11-29) 692.82%
5 years (2016-11-29) 7.94

Is Workhorse Group under- or over-valued?

Valuing Workhorse Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Workhorse Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Workhorse Group's P/E ratio

Workhorse Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 56x. In other words, Workhorse Group shares trade at around 56x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Workhorse Group's EBITDA

Workhorse Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $282.9 million.

The EBITDA is a measure of a Workhorse Group's overall financial performance and is widely used to measure a its profitability.

Workhorse Group financials

Revenue TTM $1.8 million
Gross profit TTM $-11,674,589
Return on assets TTM -20.32%
Return on equity TTM 54.75%
Profit margin 1959.04%
Book value $1.14
Market capitalisation $903.2 million

TTM: trailing 12 months

Workhorse Group share dividends

We're not expecting Workhorse Group to pay a dividend over the next 12 months.

Have Workhorse Group's shares ever split?

Workhorse Group's shares were split on a 1:10 basis on 11 December 2015. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Workhorse Group shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Workhorse Group shares which in turn could have impacted Workhorse Group's share price.

Workhorse Group share price volatility

Over the last 12 months, Workhorse Group's shares have ranged in value from as little as $5.56 up to $42.96. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Workhorse Group's is 2.5304. This would suggest that Workhorse Group's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Workhorse Group overview

Workhorse Group Inc. , a technology company, designs, manufactures, builds, and sells battery-electric vehicles and aircraft in the United States. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency. It offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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