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NASDAQ:HIHO

Highway (HIHO) Stock Price, News & Analysis

Highway logo
$1.91 -0.02 (-1.07%)
(As of 09:37 AM ET)

About Highway Stock (NASDAQ:HIHO)

Key Stats

Today's Range
$1.91
$1.91
50-Day Range
$1.82
$2.54
52-Week Range
$1.70
$2.88
Volume
578 shs
Average Volume
42,082 shs
Market Capitalization
$8.42 million
P/E Ratio
N/A
Dividend Yield
4.18%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM. The company also trades in plastic injection products; and manufactures and assembles automation equipment. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, the company assists customers in the design and development of the tooling used in the metal and plastic manufacturing process, as well as provides an array of other manufacturing and engineering services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. It operates in Hong Kong and China, Europe, North America, and other Asian countries. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.

Highway Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
9th Percentile Overall Score

HIHO MarketRank™: 

Highway scored higher than 9% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Highway.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Highway is -15.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Highway is -15.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Highway has a P/B Ratio of 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Highway's valuation and earnings.
  • Percentage of Shares Shorted

    2.41% of the float of Highway has been sold short.
  • Short Interest Ratio / Days to Cover

    Highway has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Highway has recently increased by 4,457.14%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Highway is a leading dividend payer. It pays a dividend yield of 4.08%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Highway does not have a long track record of dividend growth.

  • Read more about Highway's dividend.
  • Percentage of Shares Shorted

    2.41% of the float of Highway has been sold short.
  • Short Interest Ratio / Days to Cover

    Highway has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Highway has recently increased by 4,457.14%, indicating that investor sentiment is decreasing significantly.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Highway this week, compared to 0 articles on an average week.
  • Search Interest

    Only 1 people have searched for HIHO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Highway insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    32.10% of the stock of Highway is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 13.19% of the stock of Highway is held by institutions.

  • Read more about Highway's insider trading history.
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HIHO Stock News Headlines

Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners
Trump quietly left open an "off the books" wealth-protection loophole hidden in the 6,871 pages of the IRS Tax Code… And since then… "In the know" patriots have quietly used this same "Trump revenge loophole" to shield their life savings from Bidenomics…
Highway Holdings Ltd (HGY.BE)
See More Headlines

HIHO Stock Analysis - Frequently Asked Questions

Highway's stock was trading at $2.00 at the start of the year. Since then, HIHO stock has decreased by 4.3% and is now trading at $1.9142.
View the best growth stocks for 2024 here
.

Highway Holdings Limited (NASDAQ:HIHO) announced its earnings results on Thursday, October, 10th. The industrial products company reported $0.05 earnings per share for the quarter. The industrial products company earned $2.12 million during the quarter. Highway had a positive trailing twelve-month return on equity of 4.49% and a negative net margin of 5.79%.

Shares of HIHO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Highway investors own include Camtek (CAMT), Just Energy Group (JE), Enterprise Products Partners (EPD), HubSpot (HUBS), Energy Transfer (ET), Plug Power (PLUG) and Domino's Pizza (DPZ).

Company Calendar

Ex-Dividend for 10/11 Dividend
10/04/2024
Last Earnings
10/10/2024
Dividend Payable
10/11/2024
Today
11/21/2024
Ex-Dividend for 12/24 Dividend
12/12/2024
Dividend Payable
12/24/2024
Next Earnings (Estimated)
2/06/2025
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Miscellaneous fabricated metal products
Sub-Industry
Construction Materials
Current Symbol
NASDAQ:HIHO
Employees
200
Year Founded
N/A

Profitability

Net Income
$-960,000.00
Pretax Margin
-7.03%

Debt

Sales & Book Value

Annual Sales
$6.32 million
Cash Flow
$0.01 per share
Book Value
$1.54 per share

Miscellaneous

Free Float
2,989,000
Market Cap
$8.42 million
Optionable
Not Optionable
Beta
0.02
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This page (NASDAQ:HIHO) was last updated on 11/21/2024 by MarketBeat.com Staff
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