Is Hitek Global Inc. (HKIT) a Buy, Sell, or Hold?
NASDAQ : HKIT
Hitek Global Inc.
$3.65 USD
-$0.3 (-7.59%)
- Volume
- 165.92K
- Average Volume
- 705.61K
- Market Capitalization
- $61.63K
- P/E Ratio
- 0.51
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $15675.00
- Year Low
- $3.65
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $8.23
Industry, Sector & symbol
| Stock Exchange | NASDAQ |
| CEO | Xiaoyang Huang |
| Industry | Information Technology Services |
| Sector | Technology |
| Current Symbol | HKIT |
| CUSIP | G45139139 |
| CIK | 0001742341 |
| Web | https://www.xmhitek.com |
| Phone | 86 59 2508 0793 |
| Currency | USD |
| Employees | 24 |
| Country | CN |
Liquidity
| Debt-to-Equity Ratio | 0.07 |
| Payout Ratio | 0.00 |
| Current Ratio | 8.23 |
| Quick Ratio | 8.22 |
| Cash Ratio | 0.73 |
Sales & Book Value
| Annual Sales | $6.54M |
| Price / Sales | 0.01 |
| Cash Flow | -65.53 |
| Price / Cash Flow | -0.04 |
| Price / Book | 0.00 |
Price Target and Rating
| Average Stock Price Forecast | |
| High Stock Price Forecast | |
| Low Stock Price Forecast | |
| Forecast Upside/Downside | % |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 0 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $25 |
| Trailing P/E Ratio | 0.51 |
| PEG Ratio | 0.00 |
| P/E Growth | 0.00 |
| Net Income | $180.14K |
| Net Margin | 2.76% |
| Pretax Margin | 1.97% |
| Return on Equity | 0.51% |
| Return on Assets | 0.42% |
Financials Score
| AltmanZ Score | 1.57 |
| Piotroski Score | 2.00 |
| Working Capital | 35.84M |
| Total Assets | 42.58M |
| Ebit | -265.35K |
| Market Cap | 69.57K |
| Total Liabilities | 6.57M |
Poll Results
About Hitek Global Inc. (NASDAQ:HKIT) Stock
Hitek Global Inc., through its subsidiaries, provides information technology (IT) consulting and solutions services to small and medium, and large businesses in China. The company offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; business consulting 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. 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. In addition, the company provides IT ... maintenance services. Hitek Global Inc. was founded in 1996 and is headquartered in Xiamen, China.
Hitek Announces 1-for-25 Reverse Split
2026-07-01 09:10:00
XIAMEN, China, July 1, 2026 /PRNewswire/ -- Hitek Global Inc. (Nasdaq: HKIT) (the "Company"), an information technology consulting and solutions provider, announced today that it will effect a reverse split (the "Reverse Split") at a ratio of 1-for-25, to be effective on July 6, 2026. Beginning with the opening of trading on July 6, 2026, the Company's Class A ordinary shares ("Class A Ordinary Shares") will begin trading on the Nasdaq Capital Market on a split-adjusted basis under the same trading symbol, "HKIT," and a new CUSIP number, G45139139.
2026-06-03 17:00:00
New York, June 03, 2026 (GLOBE NEWSWIRE) -- Univest Securities, LLC ("Univest"), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the "Offering") of approximately $8 million for its client Hitek Global Inc.
2026-06-03 17:00:00
New York, June 03, 2026 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the “Offering”) of approximately $8 million for its client Hitek Global Inc. (NASDAQ: HKIT) (the “Company”), a China-based information technology consulting and solutions service provider.
Why Is HiTek Global Stock Falling Wednesday?
2026-06-03 07:30:45
HiTek Global ($HKIT) shares crash over 21% in premarket trading following an $8M direct offering. Get the technical levels and stock details.
HiTek Global Inc. Ltd Announces $8 Million Registered Direct Offering
2026-06-02 09:00:00
XIAMEN, China, June 2, 2026 /PRNewswire/ -- HiTek Global Inc. Ltd (NASDAQ: HKIT) (the "Company"), today announced that it has entered into a definitive agreement with certain investors for the purchase and sale of an aggregate of approximately $8.0 million of the Company's securities, including 4,000,000 Class A ordinary shares, par value $0.015 per share (the "Shares") (or pre-funded warrants in lieu thereof), and 4,000,000 warrants (the "Warrants"), at a purchase price of $2.00 per share in a registered direct offering. Each warrant has an exercise price of $4.5678 and is exercisable to purchase 3.8 shares.
Hitek Announces 1-for-3 Reverse Split
2026-05-26 16:05:00
XIAMEN, China, May 26, 2026 /PRNewswire/ -- Hitek Global Inc. (Nasdaq: HKIT) (the "Company"), an information technology consulting and solutions provider, announced today that it will effect a reverse split (the "Reverse Split") at a ratio of 1-for-3, to be effective on May 29, 2026. Beginning with the opening of trading on May 29, 2026, the Company's Class A ordinary shares ("Class A Ordinary Shares") will begin trading on the Nasdaq Capital Market on a split-adjusted basis under the same trading symbol, "HKIT," and a new CUSIP number, G45139121.
Hitek Global Inc. Announces Fiscal Year 2025 Financial Results
2026-04-24 08:30:00
XIAMEN, China, April 24, 2026 /PRNewswire/ -- Hitek Global Inc. (Nasdaq: HKIT) (the "Company"), a China-based information technology consulting and solutions service provider, today announced its financial results for the fiscal year ended December 31, 2025. Ms. Xiaoyang Huang, Chief Executive Officer and Director of Hitek Global Inc. commented, "Fiscal 2025 was a year of strategic progress and stabilized growth.
2026-04-16 19:38:55
New York, New York--(Newsfile Corp. - April 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Hitek Global Inc. (NASDAQ: HKIT) resulting from allegations that Hitek Global Inc. may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Hitek securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
Frequently Asked Questions
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What is the current Hitek Global Inc. (HKIT) stock price?
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Hitek Global Inc.(NASDAQ:HKIT) stock price is $3.65 in the last trading session. During the trading session, HKIT stock reached the peak price of $15675 while $3.49 was the lowest point it dropped to. The percentage change in HKIT stock occurred in the recent session was --7.59% while the dollar amount for the price change in HKIT stock was -$0.3.
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HKIT's industry and sector of operation?
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The NASDAQ listed HKIT is part of Information Technology Services industry that operates in the broader Technology sector.
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Who are the executives of HKIT?
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Tianyu Xia | Chief Financial Officer
Xiaoyang Huang | Chief Executive Officer & Director
Bo Shi | Chief Technology Officer
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How many employees does HKIT have?
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Number of HKIT employees currently stands at 24. HKIT operates from No. 30 Guanri Road, Xiamen, Fujian Province 361000, CN.
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Link for HKIT official website?
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Official Website of HKIT is: https://www.xmhitek.com
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How do I contact HKIT?
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HKIT could be contacted at phone #86 59 2508 0793 and can also be accessed through its website. HKIT operates from No. 30 Guanri Road, Xiamen, Fujian Province 361000, CN.
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How many shares of HKIT are traded daily?
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The average number of HKIT shares traded daily for last 3 months was 705.61K.
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What is the market cap of HKIT currently?
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The market value of HKIT currently stands at $61.63K with its latest stock price at $3.65