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Benzinga

Business

Henry Khederian

Why Workhorse Shares Are Rising Today

Workhorse Nasdaq Workhorse Group Inc

Workhorse Group Inc (NASDAQ:WKHS) shares are trading higher by 3.94% at $2.64. The company Tuesday morning reported first-quarter earnings results.

Workhorse reported quarterly sales of $14,300 which beat the analyst consensus estimate of $10,000. Workhorse reported an EPS loss of 15 cents which missed the analyst consensus estimate of a loss of 12 cents.

See Also: Why Plug Power Stock Is Trading Lower

Workhorse designs, develops, manufactures and sells high-performance, medium-duty trucks with powertrain components.

According to data from Benzinga Pro, Workhorse has a 52-week high of $18.59 and a 52-week low of $2.44.

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