24/7 Market News Snapshot 11 September, 2025 – Highway Holdings Ltd (NASDAQ:HIHO)
DENVER, Colo., 11 September, 2025 (www.247marketnews.com) – (NASDAQ:HIHO) are discussed in this article.
Highway Holdings Ltd (NASDAQ:HIHO) has reported a significant surge in stock performance, with shares opening at $1.797 and rising to $2.311, representing an impressive increase of over 30.32%. This movement follows a previous closing price of $1.773 and reflects a growing bullish sentiment backed by a trading volume of approximately 1.95 million shares. Technical indicators suggest that if this trend persists, the stock may break through key resistance levels, highlighting continued investor interest in Highway Holdings.
In conjunction with this market activity, Highway Holdings has released its financial results for the first quarter of fiscal year 2026. The company reported net sales of $1.55 million, a decrease from the $1.88 million posted during the corresponding period in fiscal year 2025. Additionally, net income stood at $61,000, or $0.01 per diluted share, compared to $98,000, or $0.02 per diluted share, in the prior year. Roland Kohl, chairman, president, and CEO of Highway Holdings, attributed the decrease to lingering impacts from the COVID-19 pandemic, which have caused demand fluctuations and excess inventory issues across the sector.
Despite these challenges, Highway Holdings maintains a strong financial standing with $5.82 million in cash and cash equivalents, exceeding its liabilities by $3.06 million. The company is proactively adapting to current market demands and diversifying its product lines, exemplified by a recent small order for proprietary CO₂ cleaning machines. This move positions Highway Holdings to leverage governmental initiatives aimed at promoting environmentally friendly solutions.
Kohl underscored the organization’s commitment to innovation and resilience, stating that while navigating uncertainties, the focus remains on enhancing long-term value through strategic growth and adaptation. The management team is dedicated to transforming challenges into opportunities, ensuring robust performance amid a dynamic industry landscape.
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