Highway (NASDAQ:HIHO) released its quarterly earnings results on Monday. The industrial products company reported $0.10 earnings per share (EPS) for the quarter, RTT News reports. The firm had revenue of $5.03 million during the quarter. Highway had a net margin of 4.56% and a return on equity of 8.08%. During the same period in the previous year, the business posted $0.07 EPS.
Highway (NASDAQ:HIHO) traded down $0.10 during mid-day trading on Tuesday, hitting $4.25. 19,305 shares of the stock traded hands, compared to its average volume of 12,376. The company has a market capitalization of $16.16, a P/E ratio of 17.08 and a beta of 0.31. Highway has a 12-month low of $3.10 and a 12-month high of $4.50.
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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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