HKIT Stock Overview
Hitek Global Inc. provides information technology (IT) consulting and solutions to small and medium businesses in various industry sectors in China.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Hitek Global Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.36 |
| 52 Week High | US$39.80 |
| 52 Week Low | US$0.54 |
| Beta | 0 |
| 1 Month Change | -14.47% |
| 3 Month Change | 103.05% |
| 1 Year Change | -78.01% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -75.54% |
Recent News & Updates
Recent updates
Some Hitek Global Inc. (NASDAQ:HKIT) Shareholders Look For Exit As Shares Take 26% Pounding
Mar 29
Hitek Global Inc.'s (NASDAQ:HKIT) 354% Price Boost Is Out Of Tune With Earnings
Feb 09Hitek Global Inc.'s (NASDAQ:HKIT) Prospects Need A Boost To Lift Shares
Dec 23Hitek Global Inc.'s (NASDAQ:HKIT) Popularity With Investors Under Threat As Stock Sinks 54%
Jul 05Shareholder Returns
| HKIT | US IT | US Market | |
|---|---|---|---|
| 7D | 0.7% | -1.0% | 0.7% |
| 1Y | -78.0% | 20.5% | 23.9% |
Return vs Industry: HKIT underperformed the US IT industry which returned 20.7% over the past year.
Return vs Market: HKIT underperformed the US Market which returned 23.9% over the past year.
Price Volatility
| HKIT volatility | |
|---|---|
| HKIT Average Weekly Movement | 69.5% |
| IT Industry Average Movement | 8.1% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: HKIT's share price has been volatile over the past 3 months.
Volatility Over Time: HKIT's weekly volatility has increased from 40% to 69% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 48 | Xiaoyang Huang | www.xmhitek.com |
Hitek Global Inc. provides information technology (IT) consulting and solutions to small and medium businesses in various industry sectors in China. It offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells software and hardware to large businesses, such as laptops, printers, desktop computers, and related accessories, as well as Internet servers, cameras, and monitors. The company was founded in 1996 and is headquartered in Xiamen, China.
Hitek Global Inc. Fundamentals Summary
| HKIT fundamental statistics | |
|---|---|
| Market cap | US$19.57m |
| Earnings (TTM) | US$1.05m |
| Revenue (TTM) | US$4.56m |
18.7x
P/E Ratio4.3x
P/S RatioIs HKIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HKIT income statement (TTM) | |
|---|---|
| Revenue | US$4.56m |
| Cost of Revenue | US$2.64m |
| Gross Profit | US$1.92m |
| Other Expenses | US$873.60k |
| Earnings | US$1.05m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.073 |
| Gross Margin | 42.10% |
| Net Profit Margin | 22.96% |
| Debt/Equity Ratio | 9.2% |
How did HKIT perform over the long term?
See historical performance and comparison