Worksport (WKSP) to Release Earnings on Thursday

Worksport (NASDAQ:WKSP) is expected to release its earnings data before the market opens on Thursday, March 27th. Analysts expect Worksport to post earnings of ($0.14) per share and revenue of $2.92 million for the quarter.

Worksport Price Performance

WKSP stock opened at $3.67 on Thursday. The stock has a 50-day moving average price of $0.91 and a two-hundred day moving average price of $0.75. Worksport has a 12-month low of $3.15 and a 12-month high of $12.00. The company has a current ratio of 2.96, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31. The company has a market cap of $120.88 million, a PE ratio of -5.56 and a beta of 2.11.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WKSP. Alliance Global Partners reissued a “buy” rating on shares of Worksport in a research report on Tuesday. HC Wainwright began coverage on Worksport in a research report on Thursday, January 23rd. They set a “buy” rating and a $1.50 price target for the company. Finally, Industrial Alliance Securities set a $1.75 price target on Worksport in a research report on Monday, March 3rd.

About Worksport

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.