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Why Is It Moving? Looking Into Why Workhorse Group's Stock is Trading Lower Today

March 2, 2021 10:27 am
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The Price And Volume Action In Workhorse Group's Stock Today

Workhorse Group (NASDAQ:WKHS) is currently down 3.41% to a price of $16.73. Tuesday the stock has been traded at a volume of 5.21 million, about 19.62% of its recent 30-day volume average of 26.56 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Workhorse shares are trading lower after the company reported worse-than-expected Q4 sales results.

Perspective On Recent Price Action

The stock's 50-day moving average was $27.24 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $42.96 and fallen to a low of $1.31.

See also: Best Penny Stocks Under $1

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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