News articles about Highpower International (NASDAQ:HPJ) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Highpower International earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.4748255018296 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Highpower International (NASDAQ:HPJ) traded down $0.25 during midday trading on Tuesday, hitting $4.05. 41,100 shares of the company’s stock were exchanged, compared to its average volume of 82,460. Highpower International has a one year low of $2.00 and a one year high of $6.00. The company has a market capitalization of $66.69, a P/E ratio of 4.55 and a beta of 2.18.
Separately, ValuEngine raised shares of Highpower International from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st.
In other Highpower International news, Director Wen Liang Li sold 173,415 shares of the business’s stock in a transaction dated Wednesday, October 11th. The shares were sold at an average price of $5.40, for a total value of $936,441.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Ping Li sold 10,500 shares of the business’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $4.43, for a total transaction of $46,515.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 304,894 shares of company stock valued at $1,647,306. Insiders own 33.30% of the company’s stock.
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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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