Worksport Ltd.

NCM: WKSP
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📈 ZcoreAI Score

Our AI model analyzes Worksport Ltd.'s price action across multiple timeframes using regression channels and statistical scoring.

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About Worksport Ltd.

Consumer Cyclical Auto Parts
Worksport Ltd., together with 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. It serves its products to automotive accessories, consumer electronics, and residential and commercial HVAC system markets. The company is based in West Seneca, New York.

📊 Fundamental Analysis

Worksport Ltd. demonstrates a profit margin of -120.2%, which is below the sector average, suggesting competitive pressure.

The company recently reported 62.0% revenue growth, which is well above average for the Consumer Cyclical sector.

Return on Equity (ROE) is -96.1%, which indicates that capital utilization is currently under pressure.

At a current price of $0.85, WKSP currently trades near the bottom of its 52-week range (1%), indicating potential value or weakness (Range: $0.82 - $4.90).

🏥 Financial Health

🔴 Profit Margin Weak
Debt/Equity Excellent
Revenue Growth Excellent
🔴 Return on Equity Weak
Beta (Risk) Low Volatility

Key Financials

Market Cap
$10.11M
Trailing P/E
--
Forward P/E
-2.58
Beta (5Y)
0.24
52W High
$4.90
52W Low
$0.82
Avg Volume
336K
Day High
Day Low
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