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 $1.83, up 0.55% from the previous day, and has decreased 12.86% in one year. It has underperformed other stocks in the Metal Fabrication industry by 0.32 percentage points. Highway Holdings stock is currently +7.65% from its 52-week low of $1.70, and -22.46% from its 52-week high of $2.36.
As of Sep 10, 2024, there are 4.4M shares of HIHO outstanding. The market cap of HIHO is $8.06M. In the last 24 hours, 6491 HIHO shares were traded.
How to Buy Highway Holdings Stock
Wondering how to invest in Highway Holdings stock? Here's how.
- Figure out where to buy Highway Holdings stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Highway Holdings stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your method of payment and add your details.
- 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 figure out if HIHO is a good stock to buy).
- Execute your HIHO buy order: Decide if you will purchase HIHO shares at the current market price or use a limit order to buy HIHO stock at a specific price.
- Keep tabs on your HIHO position: Create a watchlist to important updates regarding your position in Highway Holdings stock.
Step 1: Figure out where to buy Highway Holdings stock
You will need a brokerage account in order to access the NASDAQ market and buy HIHO stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal information so you are able to invest in HIHO stock today.
How to Open a New Account on eToro
- 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.
- Provide your personal info to open a new brokerage account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on the best stock trading app, you need to deposit funds:
Watch the tutorial below to see the process of transferring funds into your new investment account.
Step 4: Research Highway Holdings stock
After you have selected the best place to buy Highway Holdings stock, it's important to evaluate their stock prior to investing, so you can comprehend the risk and opportunity.
Highway Holdings stock data
Highway Holdings Due Diligence Checks
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on HIHO's stock page.
Is HIHO stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge HIHO's true value.
Using relative valuations metrics:
- HIHO may be undervalued based on its P/B ratio of 1.21x, relative to Metal Fabrication industry P/B ratio of 3.24x
You can access more valuation research on HIHO's stock here.
HIHO Financial Overview
Passed Health Checks:
- HIHO's operating cash flow of $415.00k allows it to safely service it's debt of $1.39M.
- There are more short-term assets than short-term liabilities on the HIHO balance sheet.
- There are more short-term assets than long-term liabilities on the HIHO balance sheet.
Failed Health Checks:
- Total HIHO debt is higher than 5 years ago, relative to shareholder equity.
- HIHO earnings of -$1.12M is not enough to cover its interest payments.
- HIHO has a relatively high debt to equity ratio of 0.7.
- HIHO profit margin has gone down from -2.9% to -15.2% in the past year.
Metrics for Advanced HIHO Traders
Is HIHO Growing Revenue?
Last year, HIHO revenue was $6.32M. Over the last five year, HIHO's revenue has increased by -15.04% per year. This was slower than the Metal Fabrication industry average of 5.28%.
Learn more about HIHO's earnings and revenue performance here.
Are HIHO insiders buying or selling the stock?
Over the last 12 months, executives and large shareholders at HIHO have not bought or sold any shares.
Research more about who owns HIHO stock here.
Does HIHO provide a stable income stream?
No, Highway Holdings doesn't provide an income stream by paying out dividends.
What do other traders have to say about HIHO?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your HIHO buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you need additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your HIHO position
Now that you own some HIHO shares, you'll want to keep up with your stock purchase.
Start a watchlist to track the latest developments regarding 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:
- Figure out where to buy Highway Holdings stock
- Create a brokerage account
- Deposit money your investment account
- Research Highway Holdings stock
- Execute your HIHO buy order
- Keep tabs on your HIHO position
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Highway Holdings, add HIHO to your watchlist by clicking the button below.
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