Highway Holdings (HIHO) Posts Quarterly Results
Highway Holdings (NASDAQ:HIHO) issued its quarterly earnings data on Monday. The company reported $0.04 earnings per share for the quarter, Stock Ratings Network reports. The company had revenue of $5.40 million for the quarter, compared to the consensus estimate of $5.50 million.
Shares of Highway Holdings (NASDAQ:HIHO) opened at 2.6599 on Monday. Highway Holdings has a 1-year low of $1.75 and a 1-year high of $5.08. The stock’s 50-day moving average is $2.6 and its 200-day moving average is $2.78. The company has a market cap of $10.0 million and a P/E ratio of 14.00.
Highway Holdings Limited is a holding company. The Company, as of March 31, 2012, conducted all its operations through five controlled subsidiaries that carry out the Company’s business from Hong Kong and the Company’s sole factory in Shenzhen, China.
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