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HONG KONG HIGHPOWER (HPJ) [hlAlert]

Rating:
Buy HPJ
down 65.67 %

HONG KONG HIGHPOWER (HPJ) rated Buy with price target $15 by Ardour Capital

Posted on: Tuesday,  Sep 23, 2014  9:25 AM ET by Ardour Capital

Ardour Capital rated Buy HONG KONG HIGHPOWER (NASDAQ: HPJ) on 09/23/2014, when the stock price was $6.38. Since
then, HONG KONG HIGHPOWER has lost 65.67% as of 09/17/2015's recent price of $2.19.
If you would have followed this Ardour Capital's recommendation on HPJ, you would have lost 65.67% of your investment in 359 days.

Hong Kong Highpower Technology, Inc. operates through its wholly owned subsidiary Hong Kong Highpower Technology Company Limited (HKHT) and its wholly owned subsidiaries Shenzhen Highpower Technology Co., Ltd. (Shenzhen Highpower), HZ Highpower Technology Co., Ltd. (HZ Highpower) and Springpower Technology (Shenzhen) Company Limited (formerly Sure Power Technology (Springpower). Through Shenzhen Highpower, the Company manufactures Nickel Metal Hydride (Ni-MH) rechargeable batteries for both consumer and industrial applications. During the year ended December 31, 2008, the Company commenced manufacturing Lithium-ion (Li-ion) rechargeable batteries through Springpower. The Company produces a line of batteries, falling into two categories: consumer batteries and industrial batteries. It produces A, AA and AAA sized batteries packing, as well as chargers and battery packs. Industrial batteries are designed for electric bikes, power tools and electric toys.

# A leading institution in Energy Technology/Alternative Energy & Power/Clean & Renewable Technologies. # Publish in-depth company research and extensive technology-focused reports. # Provides a wide range of financial services for both public and private companies. # Ardour Global Indexes (http://www.ardourglobalindexes.com/) a family of pure-play alternative energy indexes. # Sponsors annual invitation-only Energy Technology Conference. # Member of FINRA/SIPC.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2014 9:25 AM Buy
None
6.38 15.00
as of 10/17/2014
1 Week up  2.17 %
1 Month down  -4.07 %
3 Months   
1 YTD down  -4.07 %

(*) Stock Price at the time of the recommendation.
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