Highway (NASDAQ:HIHO) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Highway Holdings Limited (NASDAQ:HIHOGet Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.91 and traded as high as $1.91. Highway shares last traded at $1.88, with a volume of 2,347 shares traded.

Highway Trading Down 1.6 %

The business’s 50 day moving average price is $1.87 and its two-hundred day moving average price is $1.91. The stock has a market cap of $8.28 million, a P/E ratio of -11.06 and a beta of 0.17.

Highway (NASDAQ:HIHOGet Free Report) last posted its quarterly earnings data on Tuesday, January 21st. The industrial products company reported $0.02 earnings per share (EPS) for the quarter. Highway had a positive return on equity of 1.53% and a negative net margin of 10.36%.

About Highway

(Get Free Report)

Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM.

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