WKHS - Daily - Likely Pump and Dump

Wait 5 sec.

WKHS - Daily - Likely Pump and DumpWorkhorse Group, Inc.BATS:WKHSRoninAITraderThis company, founded in 2007, maintains a modest market cap of $26 million, indicating a lack of significant investment. They have consistently experienced negative net income between 2022 and 2024, and despite an improved free cash flow in 2024 compared to 2020-2023, their cash and equivalents are nearly depleted, suggesting potential financial difficulties in the coming years. From a technical analysis perspective, the stock has reached its 100-day moving average target, following a similar pump behavior from around November 12, 2024, making it an unfavorable time for long positions, and current investors should exit. Furthermore, the stock shows no signs of accumulation, though a volume uptick around May 28, 2025, could suggest insider trading. Not financial advice, always do your due diligence Leave a like👍 and/or comment💬. We appreciate and value everyone's feedback! - RoninAITrader