Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Highway (HIHO) stocks in Canada

Learn how to easily invest in Highway stocks.

Highway Holdings Limited
NASDAQ: HIHO - USD
$2.01
- $0.01 ( - 0.50%)
METAL FABRICATION

Highway is a metal fabrication business based in the US. Highway stocks (HIHO.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $3.85 – a decrease of 1.96% over the previous week. Highway employs 0 staff and has a trailing 12-month revenue of around $11.2 million.

How to buy stocks in Highway

  1. Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – HIHO – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Highway stock price (NASDAQ:HIHO)

Use our graph to track the performance of HIHO stocks over time.

Highway shares at a glance

Information last updated 2022-05-27.
Latest market close$2.00
52-week range$1.95 - $4.84
50-day moving average $2.45
200-day moving average $3.40
Wall St. target priceN/A
PE ratio 34.7414
Dividend yield $0.14 (9.67%)
Earnings per share (TTM) $0.06

Compare stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 6 of 6
Name Product Finder Rating Stock Trading Fee Account Fee Available Asset Types Offer
OFFER
CIBC Investor's Edge
Finder Rating:
★★★★★
4 / 5
$4.95 - $6.95
$0 if conditions met, otherwise $100/year
Stocks, Bonds, Options, Mutual Funds, ETFs
Young investors 18 to 24 can get free online trades and a $0 annual account fee. Conditions apply.
FREE TRADES
Wealthsimple Trade
Finder Rating:
★★★★★
3.9 / 5
$0
$0
Stocks, ETFs
Get 2 free stocks when you deposit and trade $150.
Scotia iTRADE
Finder Rating:
★★★★★
3.8 / 5
$4.99 - $9.99
$0
Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
Interactive Brokers
Finder Rating:
★★★★★
4.1 / 5
Min. $1.00, Max. 0.5%
$0
Stocks, Bonds, Options, ETFs, Currencies, Futures
Questrade
Finder Rating:
★★★★★
4.2 / 5
$4.95 - $9.95
$0
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
Get $50 in free trades when you fund your account with a minimum of $1,000.
OFFER
Qtrade Direct Investing
Finder Rating:
★★★★★
4.1 / 5
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
Get almost $500 in commission free trades when you fund your new account with a minimum of $10,000. Conditions apply. Ends August 31, 2022.
loading

Compare up to 4 providers

Online stock trading

Is it a good time to buy Highway stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Highway price performance over time

Historical closes compared with the close of $2 from 2022-05-27

1 week (2022-05-20) -1.96%
1 month (2022-04-29) -20.00%
3 months (2022-03-01) -33.77%
6 months (2021-11-29) -52.83%
1 year (2021-05-28) -42.69%
2 years (2020-05-29) 4.17%
3 years (2019-05-29) 2.79
5 years (2017-05-26) 3.45

Is Highway under- or over-valued?

Valuing Highway stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Highway's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Highway's P/E ratio

Highway's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 35x. In other words, Highway shares trade at around 35x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Highway's EBITDA

Highway's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $243,500.

The EBITDA is a measure of a Highway's overall financial performance and is widely used to measure a its profitability.

Highway financials

Revenue TTM $11.2 million
Operating margin TTM 0.66%
Gross profit TTM $2.7 million
Return on assets TTM 0.3%
Return on equity TTM 2.83%
Profit margin 2.33%
Book value $2.48
Market capitalisation $8.1 million

TTM: trailing 12 months

Highway share dividends

97%

Dividend payout ratio: 97.31% of net profits

Recently Highway has paid out, on average, around 97.31% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.67% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Highway shareholders could enjoy a 9.67% return on their shares, in the form of dividend payments. In Highway's case, that would currently equate to about $0.14 per share.

Highway's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Highway's most recent dividend payout was on 7 April 2022. The latest dividend was paid out to all shareholders who bought their shares by 6 March 2022 (the "ex-dividend date").

Highway share price volatility

Over the last 12 months, Highway's shares have ranged in value from as little as $1.95 up to $4.8366. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Highway's is 0.4754. This would suggest that Highway's shares are less volatile than average (for this exchange).

Highway overview

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. It operates through two segments: Metal Stamping and Mechanical OEM; and Electric OEM. The company also trades in plastic injection products; and manufactures and assembles automation equipment. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, the company assists customers in the design and development of the tooling used in the metal and plastic manufacturing process, as well as provides an array of other manufacturing and engineering services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. It serves customers in Hong Kong and China, Europe, North America, and other Asian countries. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.

Frequently asked questions


Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site