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 | 3/6 |
| 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$1.96 |
| 52 Week High | AU$2.40 |
| 52 Week Low | AU$1.68 |
| Beta | 0.47 |
| 1 Month Change | -3.92% |
| 3 Month Change | -10.91% |
| 1 Year Change | n/a |
| 3 Year Change | 1.82% |
| 5 Year Change | 109.63% |
| Change since IPO | 612.73% |
Recent News & Updates
Recent updates
Shareholder Returns
| HIT | AU Professional Services | AU Market | |
|---|---|---|---|
| 7D | -4.4% | -2.0% | 0.7% |
| 1Y | n/a | 7.5% | 6.3% |
Return vs Industry: Insufficient data to determine how HIT performed against the Australian Professional Services industry.
Return vs Market: Insufficient data to determine how HIT performed against the Australian Market.
Price Volatility
| HIT volatility | |
|---|---|
| HIT Average Weekly Movement | 6.9% |
| Professional Services Industry Average Movement | 6.5% |
| Market Average Movement | 9.0% |
| 10% most volatile stocks in AU Market | 17.4% |
| 10% least volatile stocks in AU Market | 3.5% |
Stable Share Price: HIT has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine HIT's volatility change 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$84.60m |
| Earnings (TTM) | AU$5.86m |
| Revenue (TTM) | AU$67.69m |
14.4x
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