Highway (HIHO) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $1.90 to $1.95
• 50-Day Range: $1.89 to $2.54
• 52-Week Range: $1.70 to $2.88
• Volume: 3,175 shs
• Average Volume: 39,581 shs
• Market Capitalization: $8.36 million
• P/E Ratio: N/A
• Dividend Yield: 10.53%
• Price Target: N/A
• Consensus Rating: N/A

Highway Stock Analysis - MarketRank™

Highway scored higher than 34% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Highway.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Highway is -15.83, 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 -15.83, 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 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.72% 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 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Highway has recently decreased by 5.39%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Highway is a leading dividend payer. It pays a dividend yield of 10.53%, 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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.72% 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 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Highway has recently decreased by 5.39%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.16

News Sentiment

Highway has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Highway this week, compared to 0 articles on an average week.

Search Interest

1 people have searched for HIHO on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Highway to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

HIHO Stock Analysis - Frequently Asked Questions

How have HIHO shares performed this year?

Highway's stock was trading at $2.00 at the beginning of 2024. Since then, HIHO shares have decreased by 5.0% and is now trading at $1.90.
View the best growth stocks for 2024 here.

How were Highway's earnings last quarter?

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

How do I buy shares of Highway?

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.

What other stocks do shareholders of Highway own?

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
• Ex-Dividend for 12/24 Dividend: 12/12/2024
• Today: 12/21/2024
• Dividend Payable: 12/24/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Miscellaneous fabricated metal products
• Sub-Industry: Construction Materials
• Current Symbol: NASDAQ:HIHO
• CUSIP: N/A
• CIK: 1026785
• Web: www.highwayholdings.com
• Phone: (522) 344-4248
• Fax: 852-2343-4976
• Employees: 200
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.12)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-960,000.00
• Net Margins: -5.79%
• Pretax Margin: -7.03%
• Return on Equity: 4.49%
• Return on Assets: 2.61%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.56
• Quick Ratio: 2.08

Sales & Book Value

• Annual Sales: $7.65 million
• Price / Sales: 1.09
• Cash Flow: $0.01 per share
• Price / Cash Flow: 135.60
• Book Value: $1.51 per share
• Price / Book: 1.26

Miscellaneous

• Outstanding Shares: 4,402,000
• Free Float: 2,989,000
• Market Cap: $8.36 million
• Optionable: Not Optionable
• Beta: 0.03