WallStreetZenWallStreetZen

How to Buy Highway Holdings Stock

Highway Holdings Ltd

Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers.

Highway Holdings stock last closed at $2.11, up 0.43% from the previous day, and has increased 6.51% in one year. It has underperformed other stocks in the Metal Fabrication industry by 0.27 percentage points. Highway Holdings stock is currently +14.05% from its 52-week low of $1.85, and -31.49% from its 52-week high of $3.08.

As of Apr 26, 2024, there are 4.22M HIHO shares outstanding. The market cap of HIHO is $8.90M. In the last 24 hours, 9692 HIHO shares were traded.

How to Buy Highway Holdings Stock

Wondering how to invest in Highway Holdings stock? Here's how.
  1. Figure out where to buy Highway Holdings stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Highway Holdings stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Select your payment method and add your information.
  4. Research Highway Holdings stock: The Highway Holdings ticker symbol is HIHO. Is Highway Holdings stock a good investment? Should you buy shares of HIHO? How do HIHO's underlying business fundamentals look? Do top analysts think Highway Holdings is a good buy? Why has HIHO's stock price moved recently? (Hint: Our stock research website can help you decide if HIHO is a good stock to buy).
  5. Execute your HIHO buy order: Decide if you will purchase HIHO shares at the current market price or use a limit order to purchase HIHO shares at a specific price.
  6. Keep tabs on your HIHO position: Create a watchlist to keep track of your position in Highway Holdings shares.

Step 1: Figure out where to buy Highway Holdings stock

You need an online brokerage account to access the NASDAQ market and buy HIHO shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our experience, eToro is the best brokerage. eToro gives you:

  • Invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to global financial markets: From Technology to Real Estate, New York to London — you can fill your portfolio with stocks from the world's leading exchanges.
  • Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your stock purchase by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create a brokerage account

Now that you've selected the best brokerage, you'll need to fill out some personal details so you can invest in HIHO stock today.

How to Set Up a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal info to create a new trading account.
  1. Send your details by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your investment account

Now that you have opened your account on the greatest app to buy stocks, you can securely and quickly fund your account:

Watch the video below if you need help depositing funds into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Highway Holdings stock

After you have decided on the best place to buy Highway Holdings stock, it's critical to research their stock before you buy, so you truly understand the risk as well as the upside.

Highway Holdings Numbers

HIHO Price
$2.11
1w %
0.96%
1y %
6.51%
5y %
-30.36%
P/E
N/A
P/B
1.18x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$8.90M
Next Earnings
N/A
Next Dividend
May 3, 2024

HIHO Fundamentals

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on HIHO's stock page.

How is HIHO stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge HIHO's true value.

Using relative valuations measures:

  • HIHO could be undervalued based on its P/B ratio of 1.18x, relative to Metal Fabrication industry P/B ratio of 2.96x

You can do additional valuation research on HIHO's stock here.

How do HIHO Financials look?

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the HIHO balance sheet.
  • There are more short-term assets than short-term liabilities on the HIHO balance sheet.

Failed Health Checks:

  • HIHO has a relatively high debt to equity ratio of 0.69.
  • Total HIHO debt is higher than 5 years ago, relative to shareholder equity.

HIHO Technical Indicators

SMA10
2.13
SMA20
2.14
SMA50
2.1
SMA100
2.05
SMA200
2.04
MACD
0.01
MACD Signal
0.02
MACD Histogram
-0.01
RSI
48.89
Stochastic %K
12.96
Stochastic %D
10.39
StochRSI %K
11.06
StochRSI %D
11.27

Who is buying/selling HIHO?

In the past year, executives and large shareholders at HIHO have not bought or sold any shares.

Dig into more about who owns HIHO stock here.

Can I get consistent income from HIHO stock?

Highway Holdings pays a dividend of 9.48%, compared to the Metal Fabrication industry's average dividend yield of 3.45%. If you owned $1,000 of HIHO stock, you would have received $94.79 last year.

Highway Holdings dividend payments have not consistently grown over the past decade and have not remained stable.

Dig into more data about Highway Holdings dividend yield and history here.

Get opinions from other traders

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Execute your HIHO buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.

Hit the Open Trade button and eToro will execute the order.

If you need more help with buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Keep tabs on your HIHO position

Now that you own some HIHO stock, you'll want to keep up with your investment.

Add HIHO to a watchlist to get notified of the latest news about your HIHO stock.

HIHO Feed

How to Buy Stock in Highway Holdings

To summarize, here are the 6 steps to buy stock in Highway Holdings:

  1. Figure out where to buy Highway Holdings stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Research Highway Holdings stock
  5. Execute your HIHO buy order
  6. Keep tabs on your HIHO position

If you need a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your new investment in Highway Holdings, create your watchlist below.

NASDAQ: HIHO
$2.11+0.01 (+0.43%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: HIHO
$2.11+0.01 (+0.43%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Highway Holdings share?

As of Apr 26, 2024, it costs $2.11 to buy one share of Highway Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.474 shares of HIHO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Highway Holdings stock?

One way to place an order for Highway Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.