Highpower International Inc (NASDAQ:HPJ) to Release Earnings on Thursday
Highpower International (NASDAQ:HPJ) last issued its earnings results on Wednesday, May 10th. The technology company reported $0.17 earnings per share for the quarter. Highpower International had a net margin of 4.82% and a return on equity of 19.77%. The business had revenue of $41.87 million for the quarter. On average, analysts expect Highpower International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Highpower International Inc (HPJ) traded down 0.2639% during mid-day trading on Tuesday, hitting $4.8372. 5,516 shares of the stock traded hands. The firm has a market capitalization of $73.98 million, a P/E ratio of 8.1986 and a beta of 2.26. The company’s 50 day moving average is $4.04 and its 200 day moving average is $3.85. Highpower International Inc has a one year low of $1.88 and a one year high of $6.00.
In other news, VP Wen Wei Ma sold 38,805 shares of the firm’s stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $5.02, for a total value of $194,801.10. Following the sale, the vice president now directly owns 493,935 shares in the company, valued at approximately $2,479,553.70. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Wen Liang Li sold 44,225 shares of the firm’s stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $5.12, for a total transaction of $226,432.00. Following the completion of the sale, the director now owns 2,133,870 shares in the company, valued at $10,925,414.40. The disclosure for this sale can be found here. Insiders have sold 501,787 shares of company stock worth $2,632,832 over the last quarter. Corporate insiders own 40.40% of the company’s stock.
Highpower International Company Profile
Highpower International, Inc, through its subsidiaries, is engaged in the manufacturing and marketing of nickel metal hydride rechargeable batteries (Ni-MH) and lithium batteries for both consumer and industrial applications. The Company operates through three segments: Lithium Batteries, Ni-MH Batteries and New Material.
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