Worksport Ltd.
WKSPConsumer CyclicalNASDAQAuto Parts · Last scanned Oct 24, 2026
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Daily timeframeHeadquartered within the consumer cyclical sector, Worksport Ltd. focuses on Auto Parts services and products. Worksport Ltd., together with its subsidiary, designs and distributes truck tonneau covers in the United States and internationally. At a $6.4M market cap, Worksport Ltd. ranks as a micro-cap company within consumer cyclical. It operates through Hard Tonneau Covers and Soft Tonneau Covers segments.
Market Cap
$6.4M
Beta
0.41
P/E (TTM)
—
P/E (Fwd)
-0.97
EPS (TTM)
$-2.34
EPS (Fwd)
$-0.33
ROE
-115.1%
ROA
-49.6%
Cash
$1.3M
Total Debt
$5.5M
Free CF
-$15.4M
52W Change
-90.6%
Annual Financials
Cash vs Debt
Where WKSP stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, WKSP finished 55.84% below its 150-day moving average ($0.77) and 66.34% below its 200-day moving average ($1.01). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is WKSP overbought or oversold?
At the October 20, 2026 close, WKSP's RSI(14) was 22.3, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company holds $1.3M in cash, though total debt stands at $5.5M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company is burning cash, with free cash flow at -$15.4M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -115.1% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $117K (2022) to $16.1M (2025), reflecting a 13721% increase over the period.
WKSP's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing WKSP's risk profile alongside its fundamentals and technical indicators provides a more complete picture.