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 $1.63, down 0.61% from the previous day, and has decreased 21.29% in one year. It has underperformed other stocks in the Metal Fabrication industry by 0.84 percentage points. Highway Holdings stock is currently +16.85% from its 52-week low of $1.40, and -43.4% from its 52-week high of $2.88.
There are currently 4.4M shares of HIHO outstanding. The market cap of HIHO is $7.17M. In the last 24 hours, 5500 HIHO shares were traded.
How to Buy Highway Holdings Stock
Not sure how to invest in Highway Holdings stock? Here's how.
- Figure out where to buy Highway Holdings stock: You need to pick an online brokerage, but don't worry - we've analyzed 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 found.
- Deposit money your investment account: Select your payment method 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 market research tools can help you evaluate 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 purchase HIHO stock at a particular price.
- Keep tabs on your HIHO position: Create a watchlist to the latest updates on your investment 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.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you are able to invest in HIHO today.
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Step 3: Deposit money your investment account
Now that you've opened your account on the best free stock trading app, you can securely and quickly fund your account:
Check out the walkthrough below for more details transferring funds into your investment account.
Step 4: Research Highway Holdings stock
After you have identified the best place to buy Highway Holdings stock, it's critical to analyze their stock before you invest, so you actually understand the risk as well as the upside.
Highway Holdings Numbers
Fundamentals of Highway Holdings
WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.
You can view 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 fair value.
Using relative valuations methods:
- HIHO could be overvalued based on its P/E ratio of 81.5x, relative to Metal Fabrication industry P/E ratio of 27.62x
- HIHO may be undervalued based on its P/B ratio of 1.14x, relative to Metal Fabrication industry P/B ratio of 4.33x
You can do additional valuation analysis on HIHO's stock here.
HIHO Financial Health Summary
Passed Health Checks:
- 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.
- HIHO has $5.97M in cash and short term investments. This is enough to cover its annual cash burn of $128.00k.
- HIHO has cash burn of 128000. It has enough cash and short-term investments to cover this for at least one year.
- HIHO profit margin has gone up from -15.2% to 1.4% in the past year.
- Total HIHO debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- HIHO has a relatively high debt to equity ratio of 0.52.
Metrics for Advanced HIHO Traders
HIHO Performance Numbers
Last year, HIHO earnings were $106.00k. During the last 5 year, HIHO's earnings have grown by -35.56% per year. This was slower than the Metal Fabrication industry average of 20.74%.
Last year, HIHO revenue was $7.41M. In the past five year, HIHO's revenue has gone up by -10.01% per year. This was slower than the Metal Fabrication industry average of 10.87%.
Dig into HIHO's earnings and revenue performance here.
Who is buying/selling HIHO?
Over the last 12 months, executives and large shareholders at HIHO have not bought or sold any shares.
Learn more about who owns HIHO shares here.
Can I rely on HIHO as an income stream?
Highway Holdings pays a dividend of 4.29%, compared to the Metal Fabrication industry's average dividend yield of 1.76%. If you owned $1,000 worth of HIHO stock, you would have received $42.94 last year.
Highway Holdings dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about Highway Holdings dividend yield and history here.
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Step 5: Execute your HIHO buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, place a limit order.
Hit the Open button and eToro will execute your order.
If you require additional help with buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your HIHO position
Now that you own some HIHO shares, you'll want to stay up-to-date on your investment.
Put HIHO on a watchlist to track your HIHO stock.
HIHO Feed
How to Buy Stock in Highway Holdings
To reiterate, here are the 6 steps to buy Highway Holdings stock:
- 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 are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Highway Holdings, add HIHO to your watchlist below.
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