Highway Holdings Limited Stock Today
| HIHO Stock | USD 1.91 0.02 1.04% |
Performance3 of 100
| Odds Of DistressLess than 14
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Highway Holdings is selling at 1.91 as of the 28th of November 2024; that is 1.04 percent decrease since the beginning of the trading day. The stock's open price was 1.93. Highway Holdings has less than a 14 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Highway Holdings Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 9th of December 1996 | Category Industrials |
Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers and contract manufacturers. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong. The company has 4.4 M outstanding shares of which 63.79 K shares are currently shorted by private and institutional investors with about 0.2 trading days to cover. More on Highway Holdings Limited
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Highway Stock Highlights
| Chairman | Roland Kohl | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 6 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial Machinery & Supplies & Components, Metal Fabrication, Industrials, NASDAQ Composite, Heavy Metals, Plastics, Copper, Farming, Aluminum, Construction Materials, Industrials, Machinery, Metal Fabrication, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsHighway Holdings can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Highway Holdings' financial leverage. It provides some insight into what part of Highway Holdings' total assets is financed by creditors.
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Highway Holdings Limited (HIHO) is traded on NASDAQ Exchange in USA. It is located in Landmark North, Sheung Shui, Hong Kong and employs 3 people. Highway Holdings is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.52 M. Highway Holdings conducts business under Machinery sector and is part of Industrials industry. The entity has 4.4 M outstanding shares of which 63.79 K shares are currently shorted by private and institutional investors with about 0.2 trading days to cover.
Highway Holdings Limited currently holds about 6.01 M in cash with 415 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.48.
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Ownership AllocationHighway Holdings secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares.
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Highway Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Renaissance Technologies Corp | 2024-09-30 | 182.8 K | |
| Susquehanna International Group, Llp | 2024-06-30 | 14.5 K | |
| Ubs Group Ag | 2024-06-30 | 2.5 K | |
| Advisor Group Holdings, Inc. | 2024-06-30 | 300 | |
| Coppell Advisory Solutions Llc | 2024-06-30 | 31.0 | |
| Citadel Advisors Llc | 2024-06-30 | 0.0 |
Highway Holdings Historical Income Statement
Highway Stock Against Markets
Highway Holdings Corporate Executives
Elected by the shareholders, the Highway Holdings' board of directors comprises two types of representatives: Highway Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Highway. The board's role is to monitor Highway Holdings' management team and ensure that shareholders' interests are well served. Highway Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Highway Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether Highway Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highway Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Highway Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highway Holdings Limited Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highway Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Highway Holdings. If investors know Highway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Highway Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.07 | Earnings Share (0.11) | Revenue Per Share 1.742 | Quarterly Revenue Growth 0.601 | Return On Assets (0.02) |
The market value of Highway Holdings is measured differently than its book value, which is the value of Highway that is recorded on the company's balance sheet. Investors also form their own opinion of Highway Holdings' value that differs from its market value or its book value, called intrinsic value, which is Highway Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Highway Holdings' market value can be influenced by many factors that don't directly affect Highway Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Highway Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highway Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highway Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.