Highpower International Inc (NASDAQ:HPJ) Director Ping Li sold 10,500 shares of the business’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $4.43, for a total value of $46,515.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Highpower International Inc (HPJ) traded up $0.05 during trading hours on Friday, hitting $4.15. The company had a trading volume of 87,507 shares, compared to its average volume of 128,813. The stock has a market capitalization of $64.37, a P/E ratio of 5.00 and a beta of 2.20. Highpower International Inc has a 12 month low of $2.00 and a 12 month high of $6.00.
An institutional investor recently raised its position in Highpower International stock. Spark Investment Management LLC raised its stake in shares of Highpower International Inc (NASDAQ:HPJ) by 49.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 137,300 shares of the technology company’s stock after purchasing an additional 45,700 shares during the period. Spark Investment Management LLC owned 0.90% of Highpower International worth $501,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 10.18% of the company’s stock.
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.
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