Highway (HIHO)

1.48 -0.04  -2.68%  May 25, 8:00PM Go Pro
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Highway Beneish M-Score: -2.568

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HIHO Beneish M-Score Rankings

Overall 46th percentile 2004 of 3761
Sector 65th percentile 106 of 303 in Industrial Goods
Industry 76th percentile 4 of 17 in Metal Fabrication

HIHO Beneish M-Score Range, Past 5 Years

Minimum -3.350 Mar 2009
Maximum -2.568 Mar 2011
Average -2.973

About Beneish M Score

The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.

The best cut-off point depends on the costs mistakenly classifying in one of two ways:

1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).

Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):

M Score HTML Table:

ScoreRelative Error Costs
(Type I:Type II)
M Score > -1.49 (10:1)
M Score > -1.78 (20:1)
M Score > -1.89 (40+:1)


Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.

If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.

Learn More

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HIHO News

2012-04-05 Watchlist: $AHGP $ARNA $CBLI $CLNT $DANG $GA $HIHO $KV.A $RIMM $STV $XRA $YGE
about 55 days ago by AlexCollins
$HIHO 2.69
about 55 days ago by wallstreetlive
Highway Holdings Limited falls 16.6%
Nov 14, 12:00PM FlyOnTheWall
Why would anyone want to sell off $HIHO now when it's got a 20 cent dividend coming in mere days?
about 309 days ago by abubnic
Huge pop for $HIHO - up 7.63%.
about 309 days ago by abubnic
Ex-Dividend Stocks for Thursday, July 28: http://stk.ly/op2RU9 / Includes increased payouts from $CASY $CRR $HIHO $XTEX $XTXI
about 313 days ago by DynamicDividend
New $HIHO dividend is a 150% increase from the prior dividend of $0.08. Will be payable on Sep 8 to stockholders of record on August 1, 2011
about 315 days ago by abubnic
$HIHO record date is set for Monday, August 01, 2011 with a pay date of Thursday, September 08, 2011
about 315 days ago by abubnic
$HIHO is up today on news of increase in stock dividend from .08 to .20 cents/share for a yield of 6.9%.
about 315 days ago by abubnic
Highway Holdings Limited rises 21.1%
Jun 29, 1:00PM FlyOnTheWall
Highway Holdings Limited rises 41.3%
Jun 29, 11:00AM FlyOnTheWall
$HIHO another great American Pump N Dump. Pump is done already, you know whats next. oops happening already. DUMP started. stay away
about 335 days ago by pumpndumphunter
Highway Holdings Limited rises 17.4%
Jun 29, 10:00AM FlyOnTheWall
Morning Spy: Energy Solid, Solar Slumping
Jun 08, 10:47AM Indie Research
NASDAQ midday losers: $OSBCP $EMMSP $SCMFO $MPET $HIHO $RADA $TKMR $VBFC $YDNT $QCOR
about 477 days ago by longshorts
Does $HIHO bounce from here? It shot up 14.7% from day low to close.
about 480 days ago by 2win
$HIHO HIHO ..its off to work I go...
about 484 days ago by Devildog0311
$HIHO into volatility squeez as part of long hi flag. Abv hi of 4.4 who knows what thinster can do? $study#ST #LI http://fsc.bz/Alv #WORDEN
about 491 days ago by lovebob
$HIHO getting ready to pop
about 517 days ago by Margin__Call
$hiho watching for possible 2nd day play .huge up day followed by rest . will buy open range highs into strength
about 566 days ago by danshep55
Very sloppy on the $HIHO trades and forgot strategy of shorting misses which would have payed nicely today.Need to sharpen up tomorrow.g/l
about 567 days ago by Detroitblues
Frustrating day marred by bad decision to go long $HIHO pre market on the interim .08 dividend.Bought 1.2k @4.02 sold @ 3.64/73 lost $441
about 567 days ago by Detroitblues
As we head into the noon hour very bad morning for me as I got turned upside down on my $HIHO trades and missed out on some nice movers
about 567 days ago by Detroitblues
$HIHO declares 2nd consecutive interim (Q) dividend of .08.With earnings set to grow going forward div looks safe.At .32 yield is 8.6% nice
about 567 days ago by Detroitblues
$HIHO was negative on this 1 but looking like I was wrong.Company declares .08 interim dividend which appears quarterly to me yield 8%
about 567 days ago by Detroitblues
$HIHO with less experience would've kept averaging in as stock went higher and probably would've covered at or near hod for big loss.
about 568 days ago by Detroitblues
$HIHO short terrible entry price but key was not getting too big and being able to hold through squeeze and cover some to minimize loss
about 568 days ago by Detroitblues
Recap:Realized trades net a +$352.Open $HIHO short - $180.Tiny holdings up a tad.Portfolio appreciated $228 today to a new ytd high.g/l
about 568 days ago by Detroitblues
Holding the other half of my $HIHO short e/r was average.Outlook was strong.Offering a possibility and just a rather average manuf. imo
about 568 days ago by Detroitblues
$HIHO momentum strong shorts taking a beating ,Holding short http://sec.gov/Archives/edgar/data/1026785/000114420410044560/v193739_f3.htm
about 568 days ago by Detroitblues

Recent Quotes

Symbol Price Chg Chg % Market Cap
HIHO 1.48 -0.04 -2.68% 5.594M
HIH 8.60 +0.05 +0.58%
HIG 17.72 +0.39 +2.25% 7.629B
HIFS 58.20 +0.12 +0.21% 122.80M
HIF 9.54 -0.10 -1.04%
HIBB 56.46 -0.59 -1.03% 1.506B
HI 19.11 +0.27 +1.43% 1.177B
HHS 8.46 +0.09 +1.08% 525.89M
HHC 61.79 +1.60 +2.66% 2.284B
HH 0.61 -0.01 -1.61% 43.20M
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