Stock of the Day: Highpower International Inc (NASDAQ:HPJ) Stock Price Gains While Sentiment Improves

November 18, 2016 - By Marie Mckinney   ·   0 Comments

Stock of the Day: Highpower International Inc (NASDAQ:HPJ) Stock Price Gains While Sentiment  Improves

Sentiment for Highpower International Inc (NASDAQ:HPJ)

Highpower International Inc (NASDAQ:HPJ) institutional sentiment increased to 4.5 in 2016 Q2. Its up 4.25, from 0.25 in 2016Q1. The ratio is more positive, as 1 investment managers increased and started new holdings, while 4 sold and reduced their stock positions in Highpower International Inc. The investment managers in our partner’s database now own: 879,515 shares, down from 1.05 million shares in 2016Q1. Also, the number of investment managers holding Highpower International Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 1 Increased: 1 New Position: 0.

Highpower International, Inc., through its subsidiaries, is engaged in the manufacturing and marketing of nickel metal hydride rechargeable batteries and lithium batteries for both consumer and industrial applications. The company has a market cap of $44.66 million. The Firm operates through three divisions: Lithium Batteries, Ni-MH Batteries and New Material. It has a 9.34 P/E ratio. It has commenced over two production lines of Lithium-ion (Li-ion) and Lithium polymer rechargeable batteries for consumer applications, such as consumer electronic products, mobile devices and wireless communication products.

About 36,029 shares traded hands. Highpower International Inc (NASDAQ:HPJ) has risen 26.11% since April 18, 2016 and is uptrending. It has outperformed by 21.68% the S&P500.

According to Zacks Investment Research, “Highpower International, Inc. develops, manufactures and markets rechargeable nickel metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries and related products for use in a variety of electronic devices. The Company’s product portfolio comprises of Consumer Batteries, High Drain Batteries, High & Low Temperature Batteries and Lithium-ion Cylindrical & Li-Polymer Batteries. Its products find their application in vacuum cleaner, power tools, electric bikes, cordless phones, lamps, toys and in portable medical and beauty products. Highpower also provides rapid charge batteries, consumer high capacity batteries and high and low temperature batteries. The majority of the Company’s products are distributed worldwide to markets in the United States, Europe, China, Hong Kong, Southeast Asia and Taiwan. Highpower International, Inc., formerly known as Hong Kong Highpower Technology, Inc., is headquartered in Shenzhen, the People’s Republic of China.”

Friedberg Investment Management holds 1.08% of its portfolio in Highpower International Inc for 43,370 shares. Spark Investment Management Llc owns 96,200 shares or 0.02% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0% invested in the company for 101,845 shares. The California-based California Public Employees Retirement System has invested 0% in the stock. Morgan Stanley, a New York-based fund reported 6,500 shares.#img1#

HPJ Company Profile

Highpower International, Inc., incorporated on January 3, 2006, through its subsidiaries, Shenzhen Highpower Technology Co., Ltd (SZ Highpower), Huizhou Highpower Technology Co., Ltd (HZ HTC) and Springpower Technology (Shenzhen) Co., Ltd (SZ Springpower), 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 Firm operates through three divisions: Lithium Batteries, Ni-MH Batteries and New Material. The Company, through its subsidiary, Ganzhou Highpower Technology Co., Ltd (GZ Highpower), is engaged in the processing, marketing and research of battery materials. The Company, through its subsidiary, Icon Energy System Co., Ltd. (ICON), is engaged in the design and production of advanced battery packs and systems.

More notable recent Highpower International Inc (NASDAQ:HPJ) news were published by: Prnewswire.com which released: “Highpower International Enters Into Equity Purchase Agreement” on August 12, 2016, also Prnewswire.com with their article: “Highpower International Starts Shipments of Lithium Polymer Batteries to DJI …” published on April 12, 2016, Prnewswire.com published: “Highpower International Announces Receipt of Non-binding Investment Proposal” on November 27, 2015. More interesting news about Highpower International Inc (NASDAQ:HPJ) were released by: Quotes.Wsj.com and their article: “News Highpower International Inc.HPJ” published on February 12, 2011 as well as Thestreet.com‘s news article titled: “Why Highpower International (HPJ) Stock Is Jumping Today” with publication date: August 20, 2014.

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By Marie Mckinney


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