Highway Holdings Limited

Company Profile

Highway Holdings Limited had its IPO on 1996-12-09 under the ticker symbol HIHO.

The company operates in the Industrials sector and Metal Fabrication industry. Highway Holdings Limited has a staff strength of 0 employees.

Stock update

Shares of Highway Holdings Limited opened at $2.19 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.08 - $2.19, and closed at $2.08.

This is a -0.95% slip from the previous day's closing price.

A total volume of 998 shares were traded at the close of the day’s session.

In the last one week, shares of Highway Holdings Limited have increased by +0.98%.

Highway Holdings Limited's Key Ratios

Highway Holdings Limited has a market cap of $9.28 million, indicating a price to book ratio of 0.9752 and a price to sales ratio of 0.7739.

In the last 12-months Highway Holdings Limited’s revenue was $10.24 million with a gross profit of $3.14 million and an EBITDA of $-268000. The EBITDA ratio measures Highway Holdings Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Highway Holdings Limited’s operating margin was -4.66% while its return on assets stood at -2.07% with a return of equity of -3.35%.

In Q2, Highway Holdings Limited’s quarterly earnings growth was a negative -83.2% while revenue growth was a negative 43.7%.

Highway Holdings Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.07 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Highway Holdings Limited’s profitability.

Highway Holdings Limited stock is trading at a EV to sales ratio of 0.3316 and a EV to EBITDA ratio of 5.1889. Its price to sales ratio in the trailing 12-months stood at 0.7739.

Highway Holdings Limited stock pays annual dividends of $0.2 per share, indicating a yield of 14.85% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$13.88 million

Total Liabilities

$4.06 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Highway Holdings Limited ended 2024 with $13.88 million in total assets and $0 in total liabilities. Its intangible assets were valued at $13.88 million while shareholder equity stood at $8.20 million.

Highway Holdings Limited ended 2024 with $0 in deferred long-term liabilities, $4.06 million in other current liabilities, 41000.00 in common stock, $-3396000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $6.95 million and cash and short-term investments were $6.95 million. The company’s total short-term debt was $573,000 while long-term debt stood at $0.

Highway Holdings Limited’s total current assets stands at $10.66 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.89 million compared to accounts payable of $928000.00 and inventory worth $1.41 million.

In 2024, Highway Holdings Limited's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Highway Holdings Limited paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.08

52-Week High

$2.9784

52-Week Low

$1.7396

Analyst Target Price

$

Highway Holdings Limited stock is currently trading at $2.08 per share. It touched a 52-week high of $2.9784 and a 52-week low of $2.9784. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $2.1 and 200-day moving average was $2.13 The short ratio stood at 0.01 indicating a short percent outstanding of 0%.

Around 4355.3% of the company’s stock are held by insiders while 451.3% are held by institutions.