Previous close | 0.2500 |
Open | 0.2000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 0.50 |
Expiry date | 2024-10-18 |
Day's range | 0.1600 - 0.2500 |
Contract range | N/A |
Volume | |
Open interest | 152 |
CINCINNATI, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that FedEx (NYSE: FDX) has issued a purchase order for 15 W56 step vans to be delivered in 2024. This milestone order follows a successful demonstration in which the Workhorse W56 step van met FedEx operation duty cycle requirements. The addition of these 15 W56
Workhorse (WKHS) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Workhorse (WKHS) delivered earnings and revenue surprises of 0% and 71.93%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?