OB:HAUTOShipping
Can Höegh Autoliners (OB:HAUTO) Justify Its Price After The Contract Extension?
Höegh Autoliners (OB:HAUTO) has extended a multi year contract with a major Asian car producer, running to December 2029 and expected to add about US$300 million in revenue based on forecasted volumes.
See our latest analysis for Höegh Autoliners.
Set against this new contract, Höegh Autoliners has seen the share price move to NOK152.0, with a year to date share price return of 55.34% and a three year total shareholder return above 4x. This points to strong momentum, although the recent 90...