Highpower International (HPJ) Stock Rating Upgraded by ValuEngine

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.

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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.

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