Highpower International, Inc. (NASDAQ:HPJ) announced that it has entered into a definitive agreement and plan of merger under which HPJ Parent Limited Islands and formed by a consortium consisting of Mr. Dang Yu (George) Pan, the Company’s Chairman and Chief Executive Officer and a stockholder of the Company, Mr. Wen Liang Li, a director and stockholder of the Company, Mr. Wen Wei Ma, a stockholder of the Company, and Essence International Capital Limited, a company incorporated in Hong Kong, will acquire Highpower through a merger with a wholly-owned subsidiary of Parent (the “Merger”).
The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a Highpower International, Inc. (NASDAQ:HPJ) common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price.Highpower International, Inc. (NASDAQ:HPJ) Diluted EPS is 0.93. The Annual EPS Growth of past 5 years is 51.40% and Highpower International, Inc. (NASDAQ:HPJ) yearly performance is 36.77% and net profit margin is 4.80%.
Key Performance indicators for Highpower International, Inc. (NASDAQ:HPJ), in last 4 months the performance of HPJ was 46.21% while its price to sale ratio is 0.16 and price to book ratio is 0.83. Company gross margin stands at 20.50% whereas its return on investment (ROI) is 7.30%.
On 28 June 2019, Highpower International, Inc. (NASDAQ:HPJ), a Industrial Goods sector firm, traded 2.02 Million shares in last trading session and stock moved up 39.02% with closing price of $4.24 per share. with Highpower International, Inc. (NASDAQ:HPJ) traded 2.02 Million shares. The HPJ distance from 20 day simple moving average is 33.52% and distance from 50-Day simple moving average is 26.17%.The relative strength index for stock is 74.32 and Average true range of HPJ is 0.20.
Analyst’s mean target price for HPJ is $12.86. The Stock value has moved between $2.07 – 3.96 in last one year. HPJ market capitalization is 47.49 with beta of 1.76. Company has 32.90% insider ownership.