WallStreetZenWallStreetZen

How to Buy Hitek Global Stock

Hitek Global Inc

Hitek Global Inc. provides information technology (IT) consulting and solutions to business in various industry sectors in China.

Hitek Global stock last closed at $1.74, up 4.19% from the previous day, and has decreased 71.1% in one year. It has underperformed other stocks in the Software - Application industry by 0.92 percentage points. Hitek Global stock is currently +220.44% from its 52-week low of $0.54, and -95.63% from its 52-week high of $39.80.

As of Jun 21, 2024, there are 14.39M HKIT shares outstanding. The market value of HKIT is $25.04M. In the past 24 hours, 47,741 HKIT shares were traded.

How to Buy Hitek Global Stock

Not sure how to invest in Hitek Global stock? Here's how.
  1. Decide where to buy Hitek Global stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Hitek Global stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Select your method of payment and add your information.
  4. Analyze Hitek Global stock: The Hitek Global ticker symbol is HKIT. Is Hitek Global stock a good investment? Should you buy shares of HKIT? How do HKIT's underlying business fundamentals look? Do top analysts think Hitek Global is a good buy? Why has HKIT's stock price moved recently? (Hint: Our stock market research website can help you decide if HKIT is a good stock to buy).
  5. Execute your HKIT trade: Decide if you will purchase HKIT shares at the current market price or use a limit order to buy HKIT stock at a particular price.
  6. Watch your HKIT position: Create a watchlist to keep tabs on your investment in Hitek Global shares.

Step 1: Decide where to buy Hitek Global stock

You will need an online brokerage account in order to access the NASDAQ market and buy HKIT shares.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best online stock brokerage. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to world markets: From Tech to Utilities, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
  • Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for a brokerage account

Now that you've picked your brokerage, it's time to fill out some personal details so you can buy HKIT today.

How to Open a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal data to open a new trading account.
  1. Send your information by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your brokerage account

Now that you have created your account on the best stock trading app, you need to deposit funds:

Watch the walkthrough below to see the process of transferring money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Hitek Global stock

Once you have chosen the best place to buy Hitek Global stock, it's important to evaluate their stock before you buy, so you truly comprehend the risk as well as the opportunity.

Hitek Global stock at a glance

HKIT Price
$1.74
1w %
0.58%
1y %
-71.1%
5y %
N/A
P/E
21.75x
P/B
0.88x
P/S
5.06x
PEG
N/A
Revenue
$4.56M
Earnings
$1.05M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$25.04M
Next Earnings
N/A
Next Dividend
N/A

Hitek Global Overview

WallStreetZen was built to help average investors do more in-depth fundamental analysis.

You can see all of the due diligence checks on HKIT's stock page.

Is HKIT stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge HKIT's intrinsic value.

Using relative valuations metrics:

  • HKIT could be undervalued based on its P/E ratio of 21.75x, relative to Software - Application industry P/E ratio of 23.8x
  • HKIT could be undervalued based on its P/B ratio of 0.88x, relative to Software - Application industry P/B ratio of 6.28x

You can do more valuation research on HKIT's stock here.

A look at HKIT Cashflows and Balance Sheet

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the HKIT balance sheet.
  • HKIT has $21.76M in cash and short term investments. This is sufficient to cover its annual cash burn of $737.88k.
  • There are more short-term assets than long-term liabilities on the HKIT balance sheet.
  • Total HKIT debt is lower than 5 years ago, relative to shareholder equity.
  • HKIT profit margin has gone up from 22% to 23% in the past year.
  • HKIT has cash burn of 737876. It has sufficient cash and short-term investments to cover this for at least one year.
  • HKIT has a low debt to equity ratio of 0.25.

HKIT Momentum

SMA10
8.75
SMA20
8.99
SMA50
8.57
SMA100
8.1
SMA200
6.83
MACD
-0.04
MACD Signal
0.08
MACD Histogram
-0.11
RSI
45.36
Stochastic %K
14.58
Stochastic %D
11.3
StochRSI %K
11.14
StochRSI %D
5.72

HKIT Performance Metrics

Last year, HKIT earnings were $1.05M. Over the past 5 year, HKIT's earnings have grown by -16.74% per year. This was slower than the Software - Application industry average of 18.55%.

Last year, HKIT revenue was $4.56M. In the past 5 year, HKIT's revenue has increased by -7.98% per year. This was slower than the Software - Application industry average of 30.29%.

You can research HKIT's earnings and revenue performance here.

What are HKIT executives and large shareholders up to?

In the past year, insiders at HKIT have not bought or sold any shares.

Research more about who owns HKIT shares here.

Can I get consistent income from HKIT stock?

No, Hitek Global doesn't provide an income stream by paying out dividends.

What others are saying about HKIT

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Execute your HKIT trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount, use a limit order.

Click the Open button and eToro will execute the order.

If you want more assistance buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Watch your HKIT position

Now that you own some shares in HKIT, you'll want to stay up-to-date on your new investment.

Put HKIT on a watchlist to monitor your HKIT stock.

HKIT Feed

How to Buy Stock in Hitek Global

To summarize, here are the 6 steps to buy Hitek Global stock:

  1. Decide where to buy Hitek Global stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Analyze Hitek Global stock
  5. Execute your HKIT trade
  6. Watch your HKIT position

If you are looking for a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Hitek Global, get started below.

NASDAQ: HKIT
$1.74+0.07 (+4.19%)
Updated Jun 21, 2024
Open eToro Account
NASDAQ: HKIT
$1.74+0.07 (+4.19%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Hitek Global share?

As of Jun 21, 2024, it costs $1.74 to buy one share of Hitek Global stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.87, you can buy 0.5 shares of HKIT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Hitek Global stock?

One way to place an order for Hitek Global stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.