Highway Holdings Limited (NASDAQ:HIHO) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.11 and traded as low as $1.77. Highway shares last traded at $1.78, with a volume of 364 shares changing hands.
Separately, ValuEngine raised shares of Highway from a “sell” rating to a “hold” rating in a research report on Tuesday, September 10th.
The company has a debt-to-equity ratio of 0.02, a current ratio of 2.42 and a quick ratio of 2.02. The company’s fifty day simple moving average is $1.72 and its 200 day simple moving average is $2.11.
Highway Holdings Limited, through its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEM) and contract manufacturers. The company operates in two segments, Metal Stamping and Mechanical OEM, and Electric OEM.
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