Workhorse Group Inc (NASDAQ:WKHS) shares saw unusually-high trading volume on Wednesday . Approximately 9,240,167 shares traded hands during mid-day trading, an increase of 229% from the previous session’s volume of 2,805,768 shares.The stock last traded at $4.16 and had previously closed at $3.64.
WKHS has been the topic of a number of research analyst reports. BidaskClub raised Workhorse Group from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 1st. ValuEngine lowered Workhorse Group from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st.
The stock has a 50 day simple moving average of $3.60 and a two-hundred day simple moving average of $1.89.
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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