Highpower International (HPJ) Given Daily Coverage Optimism Rating of 0.12
News stories about Highpower International (NASDAQ:HPJ) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Highpower International earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 43.3753115870084 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Highpower International (HPJ) traded down $0.03 during mid-day trading on Monday, hitting $5.12. The stock had a trading volume of 92,671 shares, compared to its average volume of 251,003. The firm has a market cap of $78.73, a P/E ratio of 6.87 and a beta of 2.32. Highpower International has a one year low of $2.00 and a one year high of $6.00.
Highpower International (NASDAQ:HPJ) last posted its quarterly earnings results on Thursday, August 10th. The technology company reported $0.28 earnings per share for the quarter. The company had revenue of $51.70 million for the quarter. Highpower International had a return on equity of 23.37% and a net margin of 5.61%.
In other news, Director Wen Liang Li sold 83,152 shares of the firm’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $5.11, for a total value of $424,906.72. Following the completion of the transaction, the director now owns 2,089,645 shares in the company, valued at approximately $10,678,085.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 654,394 shares of company stock valued at $3,440,788 in the last 90 days. 33.30% of the stock is owned by corporate insiders.
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.
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