Highway Holdings Limited (HIHO) Earning Somewhat Favorable News Coverage, Accern Reports

News headlines about Highway Holdings Limited (NASDAQ:HIHO) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Highway Holdings Limited earned a coverage optimism score of 0.01 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 47.9449490121717 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of Highway Holdings Limited (NASDAQ HIHO) opened at $3.50 on Wednesday. Highway Holdings Limited has a 12 month low of $3.10 and a 12 month high of $4.35. The stock has a market capitalization of $13.33, a P/E ratio of 22.11 and a beta of 0.14.

Highway Holdings Limited (NASDAQ:HIHO) last announced its quarterly earnings data on Monday, November 13th. The industrial products company reported $0.06 earnings per share (EPS) for the quarter. Highway Holdings Limited had a return on equity of 5.10% and a net margin of 2.94%. The company had revenue of $4.65 million for the quarter. During the same quarter in the prior year, the company earned ($0.03) EPS.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 8th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 6.86%. Highway Holdings Limited’s payout ratio is presently 160.00%.

Separately, TheStreet cut Highway Holdings Limited from a “b-” rating to a “c+” rating in a research note on Friday, August 25th.

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About Highway Holdings Limited

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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