HKIT Stock Overview
Provides information technology (IT) consulting and solutions services to small and medium businesses in various industry sectors in China.
Snowflake Score | |
---|---|
Valuation | 1/6 |
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$1.48 |
52 Week High | US$39.80 |
52 Week Low | US$0.54 |
Beta | 0 |
11 Month Change | -0.15% |
3 Month Change | 12.12% |
1 Year Change | -94.68% |
33 Year Change | n/a |
5 Year Change | n/a |
Change since IPO | -73.38% |
Recent News & Updates
More Unpleasant Surprises Could Be In Store For Hitek Global Inc.'s (NASDAQ:HKIT) Shares After Tumbling 27%
Aug 13Optimistic Investors Push Hitek Global Inc. (NASDAQ:HKIT) Shares Up 27% But Growth Is Lacking
Jun 16Hitek Global (NASDAQ:HKIT) Is Reinvesting At Lower Rates Of Return
May 22Recent updates
More Unpleasant Surprises Could Be In Store For Hitek Global Inc.'s (NASDAQ:HKIT) Shares After Tumbling 27%
Aug 13Optimistic Investors Push Hitek Global Inc. (NASDAQ:HKIT) Shares Up 27% But Growth Is Lacking
Jun 16Hitek Global (NASDAQ:HKIT) Is Reinvesting At Lower Rates Of Return
May 22Some Hitek Global Inc. (NASDAQ:HKIT) Shareholders Look For Exit As Shares Take 26% Pounding
Mar 29Hitek 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 | 13.0% | 5.3% | 4.9% |
1Y | -94.7% | 15.9% | 25.6% |
Return vs Industry: HKIT underperformed the US IT industry which returned 15.9% over the past year.
Return vs Market: HKIT underperformed the US Market which returned 25.6% over the past year.
Price Volatility
HKIT volatility | |
---|---|
HKIT Average Weekly Movement | 13.1% |
IT Industry Average Movement | 7.5% |
Market Average Movement | 6.3% |
10% most volatile stocks in US Market | 15.0% |
10% least volatile stocks in US Market | 3.2% |
Stable Share Price: HKIT's share price has been volatile over the past 3 months.
Volatility Over Time: HKIT's weekly volatility has decreased from 39% to 13% over the past year, but is still higher than 75% of US stocks.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1996 | 48 | Xiaoyang Huang | www.xmhitek.com |
Hitek Global Inc. provides information technology (IT) consulting and solutions services to small and medium businesses in various industry sectors in China. The company offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and distributes software and hardware to large businesses, such as laptops, printers, desktop computers, and related accessories, as well as Internet servers, cameras, and monitors. It also sells communication interface system, a software used by petrochemical and coal businesses to collect industrial, electricity, facility pressure, and temperature statistics and convert to readable format for analytical purposes.
Hitek Global Inc. Fundamentals Summary
HKIT fundamental statistics | |
---|---|
Market cap | US$40.43m |
Earnings (TTM) | US$1.05m |
Revenue (TTM) | US$4.56m |
41.4x
P/E Ratio9.5x
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) | 0.036 |
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