Highway (HIHO) Getting Somewhat Favorable Media Coverage, Report Finds

Press coverage about Highway (NASDAQ:HIHO) has been trending somewhat positive on Tuesday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Highway earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 46.0340286614072 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of Highway (HIHO) opened at $4.05 on Tuesday. Highway has a 52 week low of $3.10 and a 52 week high of $4.35. The firm has a market capitalization of $15.41, a P/E ratio of 16.20 and a beta of 0.21.

Highway (NASDAQ:HIHO) last issued its quarterly earnings data on Monday, November 13th. The industrial products company reported $0.06 earnings per share for the quarter. Highway had a return on equity of 8.08% and a net margin of 4.56%. The company had revenue of $4.65 million during the quarter. During the same quarter in the prior year, the firm posted ($0.03) EPS.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Friday, December 8th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date was Thursday, December 7th. Highway’s dividend payout ratio is currently 96.00%.

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About Highway

Highway Holdings Limited is a holding company. The Company manufactures and supplies various metal, plastic and electric parts, components and products to its original equipment manufacturing (OEM) clients, which are used by the Company’s customers in the manufacturing of products, such as photocopiers, laser printers, compact disc players, laser disc players, computer equipment, electrical components, electrical connectors, vacuum cleaners, light fixtures, electro motors, pumps, automobiles and dishwasher, and other washing machine components.

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