Published On: Wed, Oct 19th, 2016

Analyst Coverage: Hong Kong Highpower Technology (HPJ)

Recently stock market analysts have updated their consensus ratings on shares of Hong Kong Highpower Technology (HPJ).

Most recent broker ratings

05/03/2015 – Hong Kong Highpower Technology was downgraded to “hold” by analysts at Zacks. They now have a USD 4.75 price target on the stock.

09/29/2014 – Hong Kong Highpower Technology had its “buy” rating reiterated by analysts at H.C. Wainwright. They now have a USD 12 price target on the stock.

09/23/2014 – Ardour Capital began new coverage on Hong Kong Highpower Technology giving the company a “buy” rating. They now have a USD 15 price target on the stock.

Hong Kong Highpower Technology has a 50 day moving average of 2.85 and a 200 day moving average of 2.23. The stock’s market capitalization is 42.28M, it has a 52-week low of 1.65 and a 52-week high of 3.64.

The share price of the company (HPJ) was up +3.70%, with a high of 2.80during the day and the volume of Hong Kong Highpower Technology shares traded was 15964.

Highpower International, Inc., through its subsidiaries, 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 Company operates through three segments: Lithium Batteries, Ni-MH Batteries and New Material. 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. It produces a line of batteries falling into two categories: Consumer Batteries, which are relative to ordinary nickel cadmium (Ni-Cad) rechargeable batteries, as well as their non-rechargeable counterparts, and Industrial Batteries, which are designed for electric bikes, power tools and electric toys. It produces A, AA and AAA sized batteries in blister packing, as well as chargers and battery packs.