Highway (HIHO) Stock Price, News & Analysis

Company Overview

Highway 33 Acquisition Corp. (NASDAQ: HIHO) is a special purpose acquisition company formed to raise capital through an initial public offering for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase or similar business combination with one or more businesses. As a blank‐check vehicle, the company does not have commercial operations of its own but instead seeks to partner with an established private company to bring it public through a business combination.

Since completing its initial public offering in 2021, the company has focused on identifying target businesses in growth‐oriented industries, including technology, consumer products and specialty manufacturing. Highway 33 Acquisition Corp. evaluates opportunities both in the United States and select international markets, aiming to leverage its financial resources and public listing to accelerate expansion and value creation for the combined entity.

Highway 33 Acquisition Corp. is incorporated in Delaware and is governed by a board of directors and an experienced management team with backgrounds in corporate finance, investment banking and strategic advisory services. The leadership group brings track records in sourcing and executing merger transactions, as well as ongoing operational oversight post‐closing.

With a mandate to complete a business combination within a set transaction period, Highway 33 Acquisition Corp. continues to engage potential partners, conduct due diligence and structure deals that align with its objective of delivering long‐term growth and returns to its shareholders.

Key Stats

• Today's Range: $1.61 to $1.65
• 50-Day Range: $1.58 to $1.77
• 52-Week Range: $1.39 to $2.88
• Volume: 4,708 shs
• Average Volume: 11,818 shs
• Market Capitalization: $7.52 million
• P/E Ratio: 163.66
• Dividend Yield: 3.06%
• Price Target: N/A
• Consensus Rating: N/A

Highway Stock Analysis - MarketRank™

Highway scored higher than 49% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Highway.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Highway is 163.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 233.20.

Price to Earnings Ratio vs. Sector

The P/E ratio of Highway is 163.66, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 296.49.

Price to Book Value per Share Ratio

Highway has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.89% of the float of Highway has been sold short.

Short Interest Ratio / Days to Cover

Highway has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Highway has recently decreased by 56.48%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Highway pays a meaningful dividend of 2.99%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Highway does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Highway is 500.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.89% of the float of Highway has been sold short.

Short Interest Ratio / Days to Cover

Highway has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Highway has recently decreased by 56.48%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.91

News Sentiment

Highway has a news sentiment score of 1.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Highway this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Highway insiders have not sold or bought any company stock.

Percentage Held by Insiders

32.10% of the stock of Highway is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 13.19% of the stock of Highway is held by institutions.

HIHO Stock Analysis - Frequently Asked Questions

How have HIHO shares performed this year?

Highway's stock was trading at $1.95 at the beginning of the year. Since then, HIHO stock has decreased by 16.2% and is now trading at $1.6350.

How were Highway's earnings last quarter?

Highway Holdings Limited (NASDAQ:HIHO) announced its quarterly earnings results on Thursday, September, 11th. The industrial products company reported $0.01 earnings per share for the quarter. The industrial products company had revenue of $1.55 million for the quarter. Highway had a trailing twelve-month return on equity of 1.06% and a net margin of 0.97%.

How do I buy shares of Highway?

Shares of HIHO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Highway own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Highway investors own include Camtek (CAMT), Just Energy Group (JE), Enterprise Products Partners (EPD), HubSpot (HUBS), Energy Transfer (ET), Plug Power (PLUG) and

Company Calendar

• Last Earnings: 9/11/2025
• Today: 10/16/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: METAL PROC&FABR
• Sub-Industry: Construction Materials
• Current Symbol: NASDAQ:HIHO
• CIK: 1026785
• Web: www.highwayholdings.com
• Phone: (522) 344-4248
• Fax: 852-2343-4976
• Employees: 200
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $0.01
• Trailing P/E Ratio: 164.16
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $110 thousand
• Net Margins: 0.97%
• Pretax Margin: 1.98%
• Return on Equity: 1.06%
• Return on Assets: 0.67%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.79
• Quick Ratio: 2.41

Sales & Book Value

• Annual Sales: $7.41 million
• Price / Sales: 1.02
• Cash Flow: $0.03 per share
• Price / Cash Flow: 63.16
• Book Value: $1.42 per share
• Price / Book: 1.15

Miscellaneous

• Outstanding Shares: 4,602,000
• Free Float: 3,125,000
• Market Cap: $7.55 million
• Optionable: Not Optionable
• Beta: 0.23