Highway (NASDAQ:HIHO) Reports Financial Results

Highway (NASDAQ:HIHO – Get Free Report) announced its quarterly financial results on Friday. The industrial products company reported ($0.07) EPS for the quarter, it reported. The company had revenue of $1.42 million for the quarter. Highway reported a negative net margin of 11.19% and a negative return on equity of 12.14%.

Motorway turnover down 5.5%

NASDAQ HIHO opened at $2.06 on Friday. Highway has a yearly low of $1.85 and a yearly high of $2.36. The company has a 50-day price average of $2.11 and a 200-day price average of $2.09.

About the highway

(Download the free report)

Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electrical and electronic components, assemblies and finished products to original equipment manufacturers (OEMs) and contract manufacturers. It operates in two segments: Metal Stamping and Mechanical OEM; and Electric OEM.

Featured Stories

Get news and ratings for Highway Daily – Enter your email address below to receive a concise summary of the latest news and analyst ratings for highway and related companies in MarketBeat.com’s FREE daily newsletter.