Highway Holdings Limited (HIHO): Is it worth Buying?


Highway Holdings Limited (NASDAQ:HIHO) changes shares on Thursday trading session, with a change of -21.05% or -$0.68 shares. The trading starts at $2.85 and closed at $3.23 throughout the day. The trading session low price was $2.22 and day high was $2.85 on Thursday, June 18. After the session, the Industrials sector daily volume shifted to 0.29 million while its average volume is 19.96K. In other hand, the HIHO market cap reached to $9.97M.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 15.38% and up 30.10% for month. Its quarterly performance was 24.39% above, while its half year performance is up 50.00%. HIHO yearly performance stood at negative -9.25% and rise 57.41% for year-to-date.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. HIHO EPS (TTM) for 12-month is -0.02. EPS for this year is -140.60%. Its EPS Q/Q reached 58.80%. It has an EPS of -25.00% down for past five years.

Renaissance Technologies, LLC, Cambridge Investment Research Advisors Inc. and James Investment Research, Inc. are the top three holders in Highway Holdings Limited (HIHO) stock. On Mar 30, 2020, Renaissance Technologies, LLC has 0.2 million shares which valued 0.4 million. On Mar 30, 2020, Cambridge Investment Research Advisors Inc. owned 32311.0 shares which valued at 65591.0. On Mar 30, 2020, James Investment Research, Inc. has a total of 3250.0 shares which valued at 6597.0. In the end, James Investment Research, Inc. have 0.09% shares outstanding of Highway Holdings Limited (HIHO) on Mar 30, 2020. The insider ownership moved to 44.68% and institutional holding shifted to 5.30%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for HIHO rise 37.62% for period of 200 days. SMA for 50 days was 26.40% which is showing green signal, while SMA-20 was 22.36%. The moving average value for Highway Holdings Limited (HIHO) is 1.9318 and 2.0343 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in HIHO stock. On Aug 16, Zeff Capital, LP, 10% Owner, bought 8,000 trading shares at the cost of $1.70, which valued at 13600.0. On Aug 12, Zeff Capital, LP, 10% Owner, bought 3,448 shares at the cost of $1.97, with total shares of 435,417. On Aug 01, Zeff Capital, LP, 10% Owner, bought 10,000 shares at the cost of 2.03. After this transaction, Zeff Capital, LP total shares reached to 431,969 which valued at 20300.0.