Highway Stock Today

HIHO
 Stock
  

USD 2.25  0.04  1.81%   

Market Performance
1 of 100
Odds Of Distress
Less than 3
Highway Hlds is selling for 2.25 as of the 26th of November 2022. This is a 1.81 percent increase since the beginning of the trading day. The stock's open price was 2.21. Highway Hlds has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Highway Hlds are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2020 and ending today, the 26th of November 2022. Click here to learn more.
CUSIP
G4481U106
Fiscal Year End
March
Business Domain
Capital Goods
IPO Date
9th of December 1996
Category
Industrials
Classification
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 4.04 M outstanding shares of which 652 shares are currently shorted by private and institutional investors with about 0.08 trading days to cover. More on Highway Hlds

Moving against Highway Hlds

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Follow Valuation Odds of Bankruptcy
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Highway Hlds Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Highway Hlds' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Highway Hlds or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
About 39.0% of the company shares are held by company insiders
On 7th of October 2022 Highway Hlds paid $ 0.15 per share dividend to its current shareholders
ChairmanRoland Kohl
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Highway Hlds' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Highway Hlds (HIHO) is traded on NASDAQ Exchange in USA and employs 401 people. The company currently falls under 'Nano-Cap' category with current market capitalization of 8.9 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Highway Hlds's market, we take the total number of its shares issued and multiply it by Highway Hlds's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Highway Hlds conducts business under Industrials sector and is part of Metal Fabrication industry. The entity has 4.04 M outstanding shares of which 652 shares are currently shorted by private and institutional investors with about 0.08 trading days to cover. Highway Hlds currently holds about 6.01 M in cash with 442 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.48.
Check Highway Hlds Probability Of Bankruptcy
Ownership
Highway Hlds 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 outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months.

Ownership Allocation (%)

Check Highway Ownership Details

Highway Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Highway Hlds jumping above the current price in 90 days from now is about 11.51%. The Highway Hlds probability density function shows the probability of Highway Hlds stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Highway Hlds has a beta of -0.0083. This usually indicates as returns on benchmark increase, returns on holding Highway Hlds are expected to decrease at a much lower rate. During the bear market, however, Highway Hlds is likely to outperform the market. Additionally, the company has an alpha of 0.0732, implying that it can generate a 0.0732 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 2.25HorizonTargetOdds Above 2.25
88.37%90 days
 2.25 
11.51%
Based on a normal probability distribution, the odds of Highway Hlds to move above the current price in 90 days from now is about 11.51 (This Highway Hlds probability density function shows the probability of Highway Stock to fall within a particular range of prices over 90 days) .

Highway Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Highway Hlds that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Highway Hlds' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Highway Hlds' value.
InstituionSecurity TypeTotal SharesValue
Wells Fargo CompanyCommon Shares3001000
Walleye Trading LlcCommon Shares2001000
View Highway Hlds Diagnostics

Highway Hlds Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Highway Hlds market risk premium is the additional return an investor will receive from holding Highway Hlds long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Highway Hlds. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Highway Hlds' alpha and beta are two of the key measurements used to evaluate Highway Hlds' performance over the market, the standard measures of volatility play an important role as well.

Highway Stock Against Markets

Picking the right benchmark for Highway Hlds stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Highway Hlds stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Highway Hlds is critical whether you are bullish or bearish towards Highway Hlds at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Highway Hlds without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Highway Hlds Corporate Directors

Highway Hlds corporate directors refer to members of a Highway Hlds board of directors. The board of directors generally takes responsibility for the Highway Hlds' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Highway Hlds' board members must vote for the resolution. The Highway Hlds board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Uri Oppenheimer - Non-Executive Independent DirectorProfile
Wing Leung - Non-Executive Independent DirectorProfile
Ping Wong - Non-Executive Independent DirectorProfile
Shlomo Tamir - Non-Executive Independent DirectorProfile

Invested in Highway Hlds?

The danger of trading Highway Hlds is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Highway Hlds is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Highway Hlds. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Highway Hlds is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. Note that the Highway Hlds information on this page should be used as a complementary analysis to other Highway Hlds' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Highway Hlds price analysis, check to measure Highway Hlds' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Highway Hlds is operating at the current time. Most of Highway Hlds' value examination focuses on studying past and present price action to predict the probability of Highway Hlds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Highway Hlds' price. Additionally, you may evaluate how the addition of Highway Hlds to your portfolios can decrease your overall portfolio volatility.
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Is Highway Hlds' industry 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 Hlds. 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 Hlds listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.62
Market Capitalization
9.2 M
Quarterly Revenue Growth YOY
(0.1) 
Return On Assets
0.032
Return On Equity
0.0673
The market value of Highway Hlds 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 Hlds' value that differs from its market value or its book value, called intrinsic value, which is Highway Hlds' 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 Hlds' market value can be influenced by many factors that don't directly affect Highway Hlds' 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 Hlds' value and its price as these two are different measures arrived at by different means. Investors typically determine Highway Hlds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highway Hlds' 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.