Highpower International (NASDAQ:HPJ) released its earnings results on Monday. The technology company reported $0.02 earnings per share (EPS) for the quarter, Morningstar.com reports. The company had revenue of $58.11 million for the quarter. Highpower International had a return on equity of 19.13% and a net margin of 4.46%. Highpower International updated its Q2 2019 guidance to EPS.
Shares of HPJ traded up $0.19 during trading hours on Tuesday, hitting $3.55. 3,711 shares of the company were exchanged, compared to its average volume of 40,725. The firm has a market cap of $55.43 million, a P/E ratio of 4.17 and a beta of 1.96. Highpower International has a fifty-two week low of $2.07 and a fifty-two week high of $3.97.
Separately, TheStreet raised Highpower International from a “d+” rating to a “c-” rating in a report on Friday, February 8th.
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.
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