Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Workhorse Group Inc shares valued at $131 were sold by Peters James on Apr 17 ’25. At $1.31 per share, Peters James sold 100 shares. The insider’s holdings dropped to 470 shares worth approximately $493.5 following the completion of this transaction.
Also, Anderson Joshua Joseph sold 120 shares, netting a total of over 157 in proceeds. Following the sale of shares at $1.31 each, the insider now holds 823 shares.
Before that, Harrington James D. had sold 369 shares from its account. In a trade valued at $483, the General Counsel traded Workhorse Group Inc shares for $1.31 each. Upon closing the transaction, the insider’s holdings decreased to 369 shares, worth approximately $1306.2.
As published in a research note from ROTH Capital on August 09, 2022, Workhorse Group Inc [WKHS] has been rated down from a Buy to a Neutral and the price target has been revised to $3.50 from $7. Analysts at R. F. Lafferty upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early March. As of March 02, 2022, ROTH Capital has increased its “Neutral” rating to a “Buy” for WKHS.
Analyzing WKHS Stock Performance
During the last five days, there has been a drop of approximately -0.94%. Over the course of the year, Workhorse Group Inc shares have dropped approximately -87.97%. Shares of the company reached a 52-week high of $11.5000 on 01/06/25 and a 52-week low of $1.0250 on 05/01/25. A 50-day SMA is recorded $2.1397, while a 200-day SMA reached $8.5529.
Support And Resistance Levels for Workhorse Group Inc (WKHS)
According to the 24-hour chart, there is a support level at 1.0267, which, if violated, would cause prices to drop to 1.0033. In the upper region, resistance lies at 1.0767. The next price resistance is at 1.1033. RSI (Relative Strength Index) is 27.25 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0710, which suggests the price will decrease in the coming days. Percent R is at 93.51%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
