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 $1.34, down 5.63% from the previous day, and has decreased 78.66% in one year. It has underperformed other stocks in the Software - Application industry by 1.08 percentage points. Hitek Global stock is currently +146.78% from its 52-week low of $0.54, and -96.63% from its 52-week high of $39.80.
As of May 7, 2024, there are 14.39M HKIT shares outstanding. The market value of HKIT is $19.29M. In the past 24 hours, 53,940 HKIT shares were traded.
How to Buy Hitek Global Stock
Not sure how to invest in Hitek Global stock? Here's how.
- 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.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your method of payment and add your information.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
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- 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 AccountStep 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
- 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.
- Provide your personal data to open a new trading account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
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.
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
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 16.75x, relative to Software - Application industry P/E ratio of 88.04x
- HKIT could be undervalued based on its P/B ratio of 0.68x, relative to Software - Application industry P/B ratio of 6.54x
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
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 29.74%.
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 27.99%.
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:
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:
- Decide where to buy Hitek Global stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Analyze Hitek Global stock
- Execute your HKIT trade
- Watch your HKIT position
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Hitek Global, get started below.
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