Streetbeat News

WKHS

Workhorse Group Inc.

https://www.workhorse.com

Industry

Auto - Manufacturers

Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company 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. It also provides Metron, an air delivery application that tracks the performance of various the vehicles deployed. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.

Open

1.16

Mkt cap

30M

Volume

4.7M

High

1.42

P/E Ratio

-0.13

52-wk high

8.78

Low

1.00

Div yield

N/A

52-wk low

0.57

Workhorse Group has regained Nasdaq compliance with the minimum bid price requirement following a 1-for-20 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm

Workhorse Group (NASDAQ:WKHS) shares are trending on Monday following the announcement that its 750 medium duty electric vehicle will be showcased at the 14th Annual Clean Energy Roadshow. Additionally, Workhorse introduced a new upfit program through its partnership with Surefitters, offering 13 pre-configured packages for dealers.

Portfolio Pulse from Dylan Berman

July 01, 2024 | 5:47 pm

The electric vehicle (EV) sector saw significant developments this week, including Tesla's upcoming Q2 deliveries, Rivian's partnership with Volkswagen, and Nikola's deal with Walmart Canada. Tesla's delivery numbers are anticipated with mixed expectations, Rivian's stock surged on a financing deal, and Nikola delivered its hydrogen fuel-cell trucks to Walmart Canada. Other notable mentions include BYD's new plant in Uzbekistan and Ford's plans for a low-cost EV.

Portfolio Pulse from Shanthi Rexaline

June 29, 2024 | 1:48 pm

Workhorse Group Inc. (Nasdaq: WKHS) has expanded its certified dealer network by adding Eco Auto of North Boston, marking its 13th dealer nationwide and the first in the Greater Boston area. This move is part of Workhorse's strategy to pioneer the transition to zero-emission commercial vehicles.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:38 pm

This week in the EV sector, Tesla analysts lowered their expectations ahead of Q2 deliveries, Fisker filed for bankruptcy, Nikola confirmed a 30-for-1 reverse stock split, and Canoo announced a secondary offering. Additionally, Canada is considering tariffs on Chinese EV imports.

Portfolio Pulse from Shanthi Rexaline

June 22, 2024 | 1:15 pm

U.S. stocks traded higher with the Nasdaq Composite surging over 200 points. Key movers included Mustang Bio, Allego N.V., and Aaron's Company, which saw significant gains, while Aerovate Therapeutics, Workhorse Group, and Ovid Therapeutics experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 6:40 pm

Ovid Therapeutics shares dropped 65.7% after Takeda's Skyline study in Dravet syndrome missed its primary endpoint. Other notable stock movements include Interactive Strength, Mustang Bio, Allego, and Scinai Immunotherapeutics among gainers, and Aerovate Therapeutics, Kaival Brands Innovations, and Workhorse Group among losers.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 5:21 pm

U.S. stocks traded mixed with the S&P 500 edging higher. Mustang Bio shares surged 240% on positive clinical trial data, Allego shares rose 127% on a tender offer, and Aaron’s Company shares increased 32% on an acquisition agreement. Aerovate Therapeutics, Workhorse Group, and Ovid Therapeutics saw significant declines.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 4:16 pm

Workhorse shares are trading lower as the stock began trading on a split-adjusted basis today.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 3:51 pm

Trading halt status for Workhorse Group Inc. (WKHS) was updated at 8:55:00 AM ET. The company is expected to resume trading following the release of news and resumption times.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:55 pm

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