Workhorse Group (WKHS) Receiving Somewhat Positive Press Coverage, Analysis Finds

News coverage about Workhorse Group (NASDAQ:WKHS) has trended somewhat positive on Tuesday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Workhorse Group earned a news impact score of 0.20 on Accern’s scale. Accern also gave news articles about the company an impact score of 47.8233812990843 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

Shares of Workhorse Group (WKHS) opened at $2.94 on Tuesday. Workhorse Group has a 52 week low of $1.85 and a 52 week high of $8.71. The company has a current ratio of 1.89, a quick ratio of 1.17 and a debt-to-equity ratio of 0.16.

Workhorse Group (NASDAQ:WKHS) last released its quarterly earnings results on Tuesday, November 7th. The company reported ($0.35) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.24) by ($0.11). The firm had revenue of $3.29 million for the quarter. Workhorse Group had a negative net margin of 439.21% and a negative return on equity of 310.65%.

Several research firms recently commented on WKHS. Cowen and Company began coverage on Workhorse Group in a report on Thursday, August 17th. They issued an “outperform” rating and a $5.25 price objective for the company. Maxim Group set a $5.00 price objective on Workhorse Group and gave the stock a “buy” rating in a report on Wednesday, August 9th.

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About Workhorse Group

Workhorse Group, Inc, formerly AMP Holding Inc, is a development-stage company. The Company designs, develops, manufactures and sells medium-duty trucks with powertrain components under the Workhorse chassis brand. The Company’s products include trucks comprising powertrain and chassis. Its powertrain products include E-GEN and E-100.

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