A share price of Hitek Global Inc [HKIT] is currently trading at $2.76, down -33.49%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HKIT shares have gain 38.00% over the last week, with a monthly amount glided 49.19%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Hitek Global Inc experienced fluctuations in its stock price throughout the past year between $1.15 and $4.18. Hitek Global Inc [NASDAQ: HKIT] shares were valued at $2.76 at the most recent close of the market.
Analyzing the HKIT fundamentals
Trailing Twelve Months sales for Hitek Global Inc [NASDAQ:HKIT] were 1.81M which represents -59.56% decline. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.6%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.03 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.47 points at the first support level, and at 2.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.97, and for the 2nd resistance point, it is at 3.19.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hitek Global Inc [NASDAQ:HKIT] is 14.27. Also, the Quick Ratio is 13.26, while the Cash Ratio stands at 2.77. Considering the valuation of this stock, the price to sales ratio is 44.68, the price to book ratio is 2.34.
Transactions by insiders
Recent insider trading involved Star Discover Global Ltd, Officer, that happened on Nov 10 ’25 when 0.21 million shares were purchased. Officer, Star Discover Global Ltd completed a deal on May 13 ’25 to buy 0.21 million shares. Meanwhile, Officer Star Discover Global Ltd bought 0.21 million shares on Jan 17 ’25.
