Jane Street Group LLC Buys 19,473 Shares of Workhorse Group Inc. (NASDAQ:WKHS)

Jane Street Group LLC lifted its stake in shares of Workhorse Group Inc. (NASDAQ:WKHS) by 91.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 40,742 shares of the company’s stock after purchasing an additional 19,473 shares during the quarter. Jane Street Group LLC owned 0.17% of Workhorse Group worth $35,000 as of its most recent SEC filing.

Separately, Cubist Systematic Strategies LLC purchased a new position in shares of Workhorse Group during the 2nd quarter valued at $55,000. 15.98% of the stock is owned by institutional investors and hedge funds.

Workhorse Group Stock Performance

Workhorse Group stock opened at $0.71 on Friday. Workhorse Group Inc. has a fifty-two week low of $0.57 and a fifty-two week high of $8.18. The stock has a market cap of $29.19 million, a P/E ratio of -0.09 and a beta of 2.70. The firm’s fifty day moving average price is $0.95 and its 200-day moving average price is $1.00.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on WKHS shares. StockNews.com upgraded Workhorse Group to a “sell” rating in a research report on Friday, January 10th. TD Cowen lifted their price target on Workhorse Group from $0.25 to $1.25 and gave the company a “hold” rating in a research report on Wednesday, November 20th.

Workhorse Group Company Profile

Workhorse Group Inc, a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers commercial vehicles under the Workhorse brand. The company was formerly known as AMP Holding Inc and changed its name to Workhorse Group Inc in April 2015.