Shares of Workhorse Group Inc. (NASDAQ:WKHS) traded at a new 52-week high today of $31.40. Approximately 3.2 million shares have changed hands today, as compared to an average 30-day volume of 12.2 million shares.
Over the past year, Workhorse Group Inc. has traded in a range of $1.31 to $31.40 and is now at $31.18, 2,271% above that low.
Workhorse Group Inc. (NASDAQ:WKHS) is currently priced 81.8% above its average consensus analyst price target of $5.66.
Workhorse Group Inc is a technology company. It designs, develops, manufactures and sells high-performance, 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. E-GEN is an electric drive, transmission-free system, which has a gasoline/propane or compressed natural gas (CNG) engine that functions as an auxiliary generator. E-100, an all-electric, medium-duty truck, is an electric power train. The company generates key revenue from the Automotive Revenue which consists of sales of any of its E-GEN or E-100 platforms.
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