Highway Stock Analysis

HIHO -  USA Stock  

USD 2.78  0.34  10.90%

The big decline in price over the last few months for Highway Hldsmay raise some interest from institutional investors. The stock closed today at a share price of 2.78 on 88,000 in trading volume. The company management teams failed to add value to investors and positioning the firm supply of money to exploit market volatility in December. However, diversifying your holdings with Highway Hlds or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.57. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Highway Hlds partners.
Please check Risk vs Return Analysis.

Highway Stock Analysis 

 
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The Highway Hlds stock analysis report makes it easy to digest most publicly released information about Highway Hlds and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Highway Stock analysis module also helps to analyze the Highway Hlds price relationship with some important fundamental indicators such as market cap and management efficiency.

Highway Stock Analysis Notes

About 49.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.28. Some equities with similar Price to Book (P/B) outperform the market in the long run. Highway Hlds has Price/Earnings (P/E) ratio of 130.0. The entity next dividend is scheduled to be issued on the 1st of November 2021. 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. Highway Hlds operates under Metal Fabrication classification in the United States and is traded on NASDAQ Exchange. To learn more about Highway Hlds call Roland Kohl at 852 2344 4248 or check out https://www.highwayholdings.com.

Highway Hlds Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Highway Hlds' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Highway Hlds or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Highway Hlds generated a negative expected return over the last 90 days
Highway Hlds has high historical volatility and very poor performance
Highway Hlds has a poor financial position based on the latest SEC disclosures
About 49.0% of the company shares are held by company insiders

Highway Hlds Upcoming and Recent Events

Earnings reports are used by Highway Hlds to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Highway Hlds previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report9th of February 2022
Next Fiscal Quarter End31st of December 2021

Highway Hlds SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Highway Hlds prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Highway Hlds investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Highway Hlds specific information freely available to individual and institutional investors to make a timely investment decision.
4th of January 2022
Unclassified Corporate Event
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1st of November 2021
Other Events
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31st of August 2021
Other Events
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30th of July 2021
Other Events
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Highway Hlds Thematic Classifications

In addition to having Highway Hlds stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Construction Materials IdeaConstruction Materials
USA Equities from Construction Materials industry as classified by Fama & French

Highway Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Highway Hlds is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Highway Hlds backward and forwards among themselves. Highway Hlds' institutional investor refers to the entity that pools money to purchase Highway Hlds' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Renaissance Technologies LlcCommon Shares241.9 K900 K
Cambridge Investment Research Advisors IncCommon Shares127.1 K473 K
Ubs Group AgCommon Shares5.4 K20 K
Morgan StanleyCommon Shares2.4 KK
Acadian Asset Management LlcCommon Shares2.4 KK
Concourse Financial Group Securities IncCommon Shares0.00.0
Renaissance Technologies LlcCommon Shares254.5 KM
Note, although Highway Hlds' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Highway Market Capitalization

The company currently falls under 'Micro-Cap' category with current market capitalization of 13.12 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 Profitablity

Highway Hlds' profitability indicators refer to fundamental financial ratios that showcase Highway Hlds' ability to generate income relative to its revenue or operating costs. If, let's say, Highway Hlds is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Highway Hlds' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Highway Hlds' profitability requires more research than a typical breakdown of Highway Hlds' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 1.0 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.87) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.01.
Last ReportedProjected for 2022
Return on Average Assets(0.0243) (0.0249) 
Return on Average Equity(0.0405) (0.0416) 
Return on Invested Capital(0.11) (0.11) 
Return on Sales(0.06) (0.06) 

Management Efficiency

The entity has return on total asset (ROA) of (0.36) % which means that it has lost $0.36 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 1.22 %, meaning that it created $1.22 on every $100 dollars invested by stockholders. Highway Hlds management efficiency ratios could be used to measure how well highway hlds manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return on Average Assets is estimated to slide to -0.02. The value of Return on Average Equity is estimated to slide to -0.04. Highway Hlds Total Assets are quite stable at the moment as compared to the past year. The company's current value of Total Assets is estimated at 14.44 Million. Current Assets is expected to rise to about 11.6 M this year, although the value of Assets Non Current will most likely fall to about 3.7 M.
Last ReportedProjected for 2022
Book Value per Share 2.19  2.43 
Enterprise Value over EBIT(13.50) (13.85) 
Enterprise Value over EBITDA 25.76  27.79 
Price to Book Value 1.75  1.55 
Tangible Assets Book Value per Share 3.48  3.69 
Enterprise Value10.1 MM
Tangible Asset Value13.9 M14.4 M

Technical Drivers

As of the 23rd of January, Highway Hlds retains the risk adjusted performance of (0.11), and Market Risk Adjusted Performance of (1.67). Highway Hlds technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Highway Hlds, which can be compared to its competitors. Please check out Highway Hlds information ratio, as well as the relationship between the potential upside and kurtosis to decide if Highway Hlds is priced fairly, providing market reflects its last-minute price of 2.78 per share. Please also validate Highway Hlds total risk alpha, which is currently at (0.24) to confirm the company can sustain itself at a future point.

Highway Hlds Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Exponential Moving Average is calculated by weighting recent values of Highway Hlds more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Highway Hlds Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Highway Hlds insiders, such as employees or executives, is commonly permitted as long as it does not rely on Highway Hlds' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Highway Hlds insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Highway Hlds Predictive Daily Indicators

Highway Hlds intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Highway Hlds stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Highway Hlds Forecast Models

Highway Hlds time-series forecasting models is one of many Highway Hlds' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Highway Hlds' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Highway Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Highway Hlds stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Highway shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Highway Hlds. By using and applying Highway Stock analysis, traders can create a robust methodology for identifying Highway entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin 0.0494  0.06 
Gross Margin 0.34  0.33 
Profit Margin(0.045) (0.0462) 
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. Highway Hlds operates under Metal Fabrication classification in the United States and is traded on NASDAQ Exchange.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Highway Hlds to your portfolios without increasing risk or reducing expected return.

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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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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.
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.