Sentiment for Highpower International Inc (NASDAQ:HPJ)
Highpower International Inc (NASDAQ:HPJ) institutional sentiment increased to 0.83 in Q3 2015. Its up 0.38, from 0.45 in 2015Q2. The ratio is positive, as 5 funds opened new or increased holdings, while 11 sold and reduced their holdings in Highpower International Inc. The funds in our partner’s database now own: 973,362 shares, down from 1.33 million shares in 2015Q2. Also, the number of funds holding Highpower International Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 5 Increased: 2 New Position: 3.
Highpower International, Inc. is a company, through its subsidiaries, engaged in the manufacturing and trading of nickel metal hydride rechargeable batteries. The company has a market cap of $33.89 million. The Firm makes Nickel Metal Hydride batteries for both consumer and industrial applications. It has 6.27 P/E ratio. It is engaged in research and manufacturing of batteries; processing, marketing and research of battery materials, and research and production of advanced battery packs and systems.
About 9,229 shares traded hands. Highpower International Inc (NASDAQ:HPJ) has declined 20.62% since August 10, 2015 and is downtrending. It has underperformed by 16.42% the S&P500.
Analysts await Highpower International Inc (NASDAQ:HPJ) to reports earnings on March, 22.
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 0.24% of its portfolio in Highpower International Inc for 12,810 shares. Spark Investment Management Llc owns 69,900 shares or 0.02% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 285,045 shares. The Washington-based Rotella Capital Management Inc. has invested 0.01% in the stock. California Public Employees Retirement System, a California-based fund reported 12,300 shares.#img1#
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