ValuEngine upgraded shares of Highpower International (NASDAQ:HPJ) from a buy rating to a strong-buy rating in a report issued on Sunday, December 31st.
Highpower International (NASDAQ HPJ) opened at $4.10 on Friday. Highpower International has a 12-month low of $2.00 and a 12-month high of $6.00. The stock has a market capitalization of $63.59, a price-to-earnings ratio of 4.61 and a beta of 2.18.
Highpower International (NASDAQ:HPJ) last posted its quarterly earnings results on Tuesday, November 14th. The technology company reported $0.26 earnings per share (EPS) for the quarter. Highpower International had a return on equity of 24.27% and a net margin of 6.25%.
In other Highpower International news, Director Wen Liang Li sold 8,881 shares of Highpower International stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $5.75, for a total transaction of $51,065.75. Following the transaction, the director now directly owns 1,649,745 shares in the company, valued at $9,486,033.75. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Ping Li sold 10,500 shares of Highpower International stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $4.43, for a total value of $46,515.00. The disclosure for this sale can be found here. Insiders sold a total of 127,409 shares of company stock worth $688,399 over the last 90 days. 33.30% of the stock is owned by corporate insiders.
ILLEGAL ACTIVITY NOTICE: This report was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another website, it was illegally stolen and republished in violation of U.S. & international copyright law. The correct version of this report can be read at https://www.dispatchtribunal.com/2018/01/16/highpower-international-hpj-upgraded-to-strong-buy-at-valuengine.html.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Highpower International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highpower International and related companies with MarketBeat.com's FREE daily email newsletter.