| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 4.4MM | +45% |
| Gross Profit | -13.6MM | - |
| Cost Of Revenue | 18MM | - |
| Operating Income | -35.2MM | +67% |
| Operating Expenses | 21.5MM | +23% |
| Net Income | -45.3MM | +48% |
| R&D | 6.4MM | +11% |
| G&A | 15.1MM | +29% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Amidst turbulence in the EV market, identifying EV stocks to offload in April is crucial. This past year has certainly posed challenges to this sector. Declining demand and increased incentives for EV buyers have prompted a period of re-consideration for many investors. In short, many more companies now appear to be on the brink of bankruptcy than we’ve had in years past. Some of that concerns the seeming death of zero interest rate policy (at least for now). Indeed, the macro environment plays
11th Partner Nationwide Enhances Workhorse’s Midwest PresenceCINCINNATI, April 10, 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 it has added Ziegler Truck Group to its network of dealers, bringing the Company’s total dealer count to 11 partners nationwide. Ziegler Truck Group has locations in Minnesota, Iowa, and Wisconsin, expa
The heavy selling pressure might have exhausted for Workhorse (WKHS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the appointment of Ms. Jacqueline (Jacqui) Dedo to the Ballard Board of Directors. Ms. Dedo brings relevant experience to the Board with her background in the transportation industry, including electrified propulsion in heavy-duty mobility, while also bringing complementary competencies related to strategy, innovation, technology, and corporate governance.
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.
While Workhorse (WKHS) incurs a wider-than-expected loss in the fourth quarter of 2023, NIO and CATL team up to develop longer-life batteries for EVs.
New Financing Provides Immediate Liquidity and Financial Resources to Support Company’s Continued Progress Advancing Its Product RoadmapCINCINNATI, March 19, 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 it entered into an agreement on March 15, 2024 with an institutional investor (the “Investor”) on the terms of financing transa
Workhorse (WKHS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
After numerous rides in autonomous trucks monitored by safety drivers in case of a mishap, I found it almost surreal to climb into Aurora Innovation’s Class 8 driverless truck, buckle […] The post Aurora’s driverless trucks show they are for real appeared first on FreightWaves.
In this piece, we will take a look at the 13 most undervalued EV stocks to buy according to analysts. If you want to skip our overview of the global electric vehicle industry and the latest trends, then you can take a look at the 5 Most Undervalued EV Stocks To Buy According To Analysts. While […]