HIT Stock Overview
HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
HiTech Group Australia Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$1.98 |
| 52 Week High | AU$2.40 |
| 52 Week Low | AU$1.61 |
| Beta | 0.47 |
| 1 Month Change | -4.13% |
| 3 Month Change | -17.71% |
| 1 Year Change | 9.42% |
| 3 Year Change | 3.95% |
| 5 Year Change | 100.51% |
| Change since IPO | 208.59% |
Recent News & Updates
Recent updates
A Look At The Intrinsic Value Of HiTech Group Australia Limited (ASX:HIT)
Sep 14
Does HiTech Group Australia (ASX:HIT) Deserve A Spot On Your Watchlist?
Aug 07Here's Why We Think HiTech Group Australia (ASX:HIT) Is Well Worth Watching
Nov 01Here's Why I Think HiTech Group Australia (ASX:HIT) Is An Interesting Stock
Jan 20Here's Why I Think HiTech Group Australia (ASX:HIT) Might Deserve Your Attention Today
Jul 28Does HiTech Group Australia (ASX:HIT) Deserve A Spot On Your Watchlist?
Apr 17Estimating The Fair Value Of HiTech Group Australia Limited (ASX:HIT)
Mar 01Our View On HiTech Group Australia's (ASX:HIT) CEO Pay
Feb 11Is HiTech Group Australia Limited's (ASX:HIT) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 21Should You Be Adding HiTech Group Australia (ASX:HIT) To Your Watchlist Today?
Dec 31HiTech Group Australia (ASX:HIT) Has Rewarded Shareholders With An Exceptional 703% Total Return On Their Investment
Dec 10Should You Rely On HiTech Group Australia's (ASX:HIT) Earnings Growth?
Jul 17
Is HiTech Group Australia Limited's (ASX:HIT) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jun 26Shareholder Returns
| HIT | AU Professional Services | AU Market | |
|---|---|---|---|
| 7D | -2.2% | -0.6% | -2.2% |
| 1Y | 9.4% | 10.1% | 4.5% |
Return vs Industry: HIT matched the Australian Professional Services industry which returned 8.5% over the past year.
Return vs Market: HIT exceeded the Australian Market which returned 4% over the past year.
Price Volatility
| HIT volatility | |
|---|---|
| HIT Average Weekly Movement | 4.8% |
| Professional Services Industry Average Movement | 7.7% |
| Market Average Movement | 9.0% |
| 10% most volatile stocks in AU Market | 17.6% |
| 10% least volatile stocks in AU Market | 3.4% |
Stable Share Price: HIT has not had significant price volatility in the past 3 months.
Volatility Over Time: HIT's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 9 | Elias Hazouri | www.hitechaust.com |
HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia. Its ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects. The company offers personnel services to other sectors, such as office administration, sales and marketing, and finance; and digital services to government departments to initiate and complete digital transformation projects.
HiTech Group Australia Limited Fundamentals Summary
| HIT fundamental statistics | |
|---|---|
| Market cap | AU$83.54m |
| Earnings (TTM) | AU$5.86m |
| Revenue (TTM) | AU$67.69m |
14.3x
P/E Ratio1.2x
P/S RatioIs HIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HIT income statement (TTM) | |
|---|---|
| Revenue | AU$67.69m |
| Cost of Revenue | AU$54.85m |
| Gross Profit | AU$12.84m |
| Other Expenses | AU$6.99m |
| Earnings | AU$5.86m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.14 |
| Gross Margin | 18.97% |
| Net Profit Margin | 8.65% |
| Debt/Equity Ratio | 0% |
How did HIT perform over the long term?
See historical performance and comparison