Workhorse Group Inc. (NASDAQ:WKHS) had its price objective raised by Maxim Group from $15.00 to $22.00 in a research note released on Monday. Maxim Group currently has a buy rating on the stock.

Shares of Workhorse Group (NASDAQ:WKHS) opened at 8.55 on Monday. The company’s market capitalization is $214.33 million. The company’s 50-day moving average price is $7.75 and its 200-day moving average price is $7.71. Workhorse Group has a one year low of $3.05 and a one year high of $11.70.

In other Workhorse Group news, Director H. Benjamin Samuels purchased 143,500 shares of the stock in a transaction on Wednesday, September 14th. The stock was acquired at an average price of $5.28 per share, with a total value of $757,680.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 15.10% of the company’s stock.

Workhorse Group Company Profile

Workhorse Group, Inc, formerly AMP Holding Inc, is a development-stage company. The Company designs, develops, manufactures and sells medium-duty trucks with powertrain components under the Workhorse chassis brand. The Company’s products include trucks comprising powertrain and chassis. Its powertrain products include E-GEN and E-100.

5 Day Chart for NASDAQ:WKHS

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