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NASDAQ: HKIT
Hitek Global Inc Stock

$1.80+0.18 (+11.11%)
Updated Mar 1, 2024
HKIT Price
$1.80
Fair Value Price
-$0.29
Market Cap
$25.91M
52 Week Low
$0.54
52 Week High
$39.80
P/E
N/A
P/B
1x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
N/A
Earnings
N/A
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.28
Operating Cash Flow
N/A
Beta
1.27
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

HKIT Overview

Hitek Global Inc. provides information technology (IT) consulting and solutions to business in various industry sectors in China. It offers services to small and medium businesses, which consist of anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells hardware to large businesses, such as laptops, printers, desktop computers and related accessories, as well as Internet servers, cameras, and monitors. Hitek Global Inc. was founded in 1996 and is headquartered in Xiamen, China.

Zen Score

Industry Average (27)
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Due Diligence Checks

HKIT ($1.80) is overvalued by 728.78% relative to our estimate of its Fair Value price of -$0.29 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
HKIT ($1.80) is not significantly undervalued (728.78%) relative to our estimate of its Fair Value price of -$0.29 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
HKIT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
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HKIT News

Valuation

HKIT fair value

Fair Value of HKIT stock based on Discounted Cash Flow (DCF)
Price
$1.80
Fair Value
-$0.29
Undervalued by
728.78%
HKIT ($1.80) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HKIT ($1.80) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation

HKIT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1x
Industry
7.09x
HKIT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

HKIT's financial health

Profit margin

Revenue
$0.0
Net Income
$0.0
Profit Margin
0%

Assets to liabilities

Assets
$33.2M
Liabilities
$7.2M
Debt to equity
0.28
HKIT's short-term assets ($22.37M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HKIT's short-term assets ($22.37M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
HKIT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
N/A
Investing
N/A
Financing
N/A

HKIT vs App Stocks

TickerMarket Cap1d %P/EP/B
HKIT$25.91M+11.11%N/A1.00x
NXPL$25.65M-4.20%-6.52x0.77x
PRST$24.24M-4.15%-0.23x-0.58x
ULY$28.76M+2.82%N/A-0.12x
ANY$29.00M+4.66%-0.15x0.90x

Hitek Global Stock FAQ

What is Hitek Global's quote symbol?

(NASDAQ: HKIT) Hitek Global trades on the NASDAQ under the ticker symbol HKIT. Hitek Global stock quotes can also be displayed as NASDAQ: HKIT.

If you're new to stock investing, here's how to buy Hitek Global stock.

What is the 52 week high and low for Hitek Global (NASDAQ: HKIT)?

(NASDAQ: HKIT) Hitek Global's 52-week high was $39.80, and its 52-week low was $0.54. It is currently -95.48% from its 52-week high and 231.49% from its 52-week low.

How much is Hitek Global's stock price per share?

(NASDAQ: HKIT) Hitek Global stock price per share is $1.80 today (as of Mar 1, 2024).

What is Hitek Global's Market Cap?

(NASDAQ: HKIT) Hitek Global's market cap is $25.91M, as of Mar 3, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Hitek Global's market cap is calculated by multiplying HKIT's current stock price of $1.80 by HKIT's total outstanding shares of 14,392,364.
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