Highpower International (NASDAQ:HPJ) Share Price Crosses Above 200 Day Moving Average of $4.24
Highpower International Inc (NASDAQ:HPJ)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.24 and traded as high as $4.80. Highpower International shares last traded at $4.79, with a volume of 626,500 shares trading hands.
Separately, ValuEngine downgraded Highpower International from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 2nd.
The company has a market capitalization of $75.64 million, a price-to-earnings ratio of 4.53 and a beta of 1.94. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.71 and a current ratio of 1.00. The business has a 50 day moving average price of $4.75 and a 200-day moving average price of $4.24.
Highpower International Company Profile (NASDAQ:HPJ)
Highpower International, Inc, together with its subsidiaries, produces and sells nickel-metal hydride (Ni-MH) rechargeable batteries. The company operates in three segments: Lithium Business, Ni-MH Batteries and Accessories, and New Material. It offers Ni-MH rechargeable batteries in AA, AAA, 9V, C, D, and SC sizes in blister packing, as well as chargers and battery packs.
Recommended Story: Call Option
Receive News & Ratings for Highpower International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highpower International and related companies with MarketBeat.com's FREE daily email newsletter.