Highway (NASDAQ:HIHO) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Posted by Brenda Bartman on Aug 13th, 2026

Highway Holdings Limited (NASDAQ:HIHO – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.87 and traded as high as $1.25. Highway shares last traded at $1.15, with a volume of 285,707 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Highway from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Highway currently has an average rating of “Sell”.

Get Our Latest Analysis on Highway

Highway Trading Down 4.4%

The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.84 and a current ratio of 2.42. The stock has a market cap of $5.05 million, a price-to-earnings ratio of -3.41 and a beta of 0.49. The company’s 50 day simple moving average is $0.90 and its two-hundred day simple moving average is $0.87.

Highway Announces Dividend

The business also recently announced a special dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Monday, August 10th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, August 10th. Highway’s dividend payout ratio is presently -15.62%.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Highway stock. Jane Street Group LLC purchased a new position in shares of Highway Holdings Limited (NASDAQ:HIHO – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,122 shares of the industrial products company’s stock, valued at approximately $38,000. Jane Street Group LLC owned 0.52% of Highway as of its most recent SEC filing. 13.19% of the stock is currently owned by hedge funds and other institutional investors.

About Highway

(Get Free Report)

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.