News coverage about Highway (NASDAQ:HIHO) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Highway earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 45.9315837954729 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Separately, TheStreet downgraded shares of Highway from a “b-” rating to a “c+” rating in a research note on Friday, August 25th.
Highway (HIHO) opened at $4.05 on Thursday. Highway has a one year low of $3.10 and a one year high of $4.35. The firm has a market cap of $15.40, a PE ratio of 16.20 and a beta of 0.21.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 8th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 5.93%. The ex-dividend date of this dividend is Thursday, December 7th. Highway’s payout ratio is 96.00%.
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Highway Company Profile
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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