News headlines about Highpower International (NASDAQ:HPJ) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Highpower International earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 43.8330491859594 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Highpower International (HPJ) opened at $5.50 on Tuesday. The firm has a market capitalization of $82.18, a PE ratio of 7.13 and a beta of 2.32. Highpower International has a fifty-two week low of $2.00 and a fifty-two week high of $6.00.
In other Highpower International news, Director Wen Liang Li sold 117,224 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $5.04, for a total transaction of $590,808.96. Following the completion of the transaction, the director now owns 2,089,645 shares of the company’s stock, valued at approximately $10,531,810.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 654,394 shares of company stock valued at $3,440,788 over the last 90 days. 33.30% of the stock is currently owned by company insiders.
About Highpower International
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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