Worksport (NASDAQ:WKSP - Get Free Report) will likely be announcing its earnings results before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of ($0.14) per share and revenue of $2.92 million for the quarter.
Worksport Stock Performance
Worksport stock traded up $0.25 during trading on Friday, reaching $3.64. The company had a trading volume of 167,519 shares, compared to its average volume of 85,178. Worksport has a 52 week low of $3.15 and a 52 week high of $12.00. The firm's 50-day simple moving average is $7.50 and its 200 day simple moving average is $7.04. The firm has a market capitalization of $11.99 million, a price-to-earnings ratio of -5.52 and a beta of 2.11. The company has a current ratio of 2.96, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on WKSP shares. HC Wainwright started coverage on Worksport in a report on Thursday, January 23rd. They set a "buy" rating and a $15.00 price target on the stock. Industrial Alliance Securities set a $17.50 price target on shares of Worksport in a research note on Monday, March 3rd. Finally, Alliance Global Partners reissued a "buy" rating on shares of Worksport in a research note on Tuesday, March 18th.
Check Out Our Latest Analysis on WKSP
About Worksport
(
Get Free Report)
Worksport Ltd., through its subsidiary, designs and distributes truck tonneau covers in Canada and the United States. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold aluminum covers. It also offers energy products, such as Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station.
Further Reading
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