Highway Holdings stock hits 52-week low at $1.72

Published 04/09/2024, 20:48
Highway Holdings stock hits 52-week low at $1.72

In a challenging market environment, Highway Holdings Limited (HIHO) stock has touched a 52-week low, dipping to $1.72. This latest price level reflects a notable decline over the past year, with the company experiencing a 1-year change of -13.24%. Investors are closely monitoring the stock as it navigates through the economic headwinds that have pressured the broader manufacturing sector, leading to this new low. The company's performance is being scrutinized as market participants consider the implications of this significant drop from its previous year's valuation.

InvestingPro Insights

In light of Highway Holdings Limited's (HIHO) recent market performance, certain metrics and InvestingPro Tips offer a deeper understanding of the company's financial health and investor returns. Despite the stock touching a 52-week low at $1.72, InvestingPro Tips highlight that HIHO holds more cash than debt on its balance sheet and has a high shareholder yield, which includes a significant dividend to shareholders with a yield of 10.93% as of the previous year. Additionally, the company's liquid assets exceed its short-term obligations, which is a positive sign of liquidity.

From the data available, HIHO's market capitalization stands at a modest $7.79M. The company's revenue over the last twelve months as of Q1 2025 has declined by 20.75%, yet it saw a quarterly revenue growth of 39.5% in Q1 2025, indicating some volatility in its earnings. The gross profit margin remains at a healthy 29.07%, though it is important to note that the company was not profitable over the last twelve months, with a negative operating income margin of -5.34%.

Investors should consider these mixed signals when evaluating the company's stock. For those interested in further analysis, there are additional InvestingPro Tips available at https://www.investing.com/pro/HIHO, which could provide more comprehensive insights into HIHO's performance and potential investment opportunities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.