The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Hitek Global Inc (NASDAQ: HKIT) closed the day trading at $1.58 up 8.22% from the previous closing price of $1.46. In other words, the price has increased by $8.22 from its previous closing price. On the day, 73070.0 shares were traded. HKIT stock price reached its highest trading level at $1.6396 during the session, while it also had its lowest trading level at $1.44.
Ratios:
For a better understanding of HKIT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.26 and its Current Ratio is at 14.27. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 10 ’25 when Star Discover Global Ltd bought 211,000 shares for $2.19 per share.
Star Discover Global Ltd bought 211,000 shares of HKIT for $265,860 on May 13 ’25. On Jan 17 ’25, another insider, Star Discover Global Ltd, who serves as the Officer of the company, bought 210,000 shares for $1.43 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HKIT now has a Market Capitalization of 46292996 and an Enterprise Value of 19076444. For the stock, the TTM Price-to-Sale (P/S) ratio is 25.58 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 10.523 whereas that against EBITDA is -7.83.
Stock Price History:
The Beta on a monthly basis for HKIT is 1.63, which has changed by 0.13178289 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, HKIT has reached a high of $4.18, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is -20.15%, while the 200-Day Moving Average is calculated to be 4.12%.
Shares Statistics:
Over the past 3-months, HKIT traded about 204.89K shares per day on average, while over the past 10 days, HKIT traded about 106800 shares per day. A total of 21.11M shares are outstanding, with a floating share count of 6.24M. Insiders hold about 78.72% of the company’s shares, while institutions hold 0.26% stake in the company. Shares short for HKIT as of 1763078400 were 207159 with a Short Ratio of 1.01, compared to 1760486400 on 8138. Therefore, it implies a Short% of Shares Outstanding of 207159 and a Short% of Float of 1.52.
