Streetbeat News

HKIT

Hitek Global Inc.

http://www.xmhitek.com

Industry

Software - Application

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.

Open

1.33

Mkt cap

28M

Volume

20K

High

1.33

P/E Ratio

32.91

52-wk high

6.48

Low

1.26

Div yield

N/A

52-wk low

0.54

Hitek Global reported a significant decline in its financial performance for the first half of the year. The company's earnings per share (EPS) dropped to $0.01 from $0.05, and revenue decreased to $1.83 million from $2.95 million compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 9:14 pm

On Wednesday, several information technology stocks experienced significant intraday movements. Agora (API) led the gainers with a 64.7% increase, while Nano Labs (NA) led the losers with a 16.2% decrease. Other notable gainers included MMTEC (MTC) and AMTD Digital (HKD), while AuthID (AUID) and Glimpse Group (VRAR) were among the notable losers.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 4:31 pm

The article highlights the pre-market movements of 12 information technology stocks on Thursday. Notable gainers include Presto Automation (PRST), SMX (Security Matters) (SMX), Schmid Group (SHMD), Syntec Optics Holdings (OPTX), Cyngn (CYN), and Vuzix (VUZI). Significant losers include Actelis Networks (ASNS), T Stamp (IDAI), MicroAlgo (MLGO), Comtech Telecom (CMTL), GSI Technology (GSIT), and Hitek Global (HKIT).

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 12:05 pm

The article highlights the pre-market movements of several information technology stocks on Monday. Notable gainers include Schmid Group (SHMD), Quantum (QMCO), EMCORE (EMKR), Ostin Technology Group (OST), Unusual Machines (UMAC), and GCT Semiconductor Holdings (GCTS). On the losing side, Hitek Global (HKIT), HeartCore Enterprises (HTCR), Spectaire Holdings (SPEC), Next Technology Holding (NXTT), QXO (QXO), and Mobilicom (MOB) saw declines.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 12:07 pm

The article highlights the pre-market movements of various information technology stocks on Friday. Notable gainers include FOXO Technologies, ClearOne, Adobe, Digital Turbine, Gryphon Digital Mining, and Red Cat Holdings. On the losing side, QXO, Ostin Technology Group, Hitek Global, Intellicheck, Banzai International, and 8x8 saw declines.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 12:06 pm

The article highlights the intraday movements of 12 information technology stocks on Wednesday. Actelis Networks (ASNS) saw a significant increase of 646.8%, while MicroAlgo (MLGO) experienced a sharp decline of 41.3%. Other notable gainers include CalAmp (CAMP) and Verint Systems (VRNT), while Sobr Safe (SOBR) and NiSun Intl Enterprise Dev (NISN) were among the major losers.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:30 pm

The article highlights significant intraday movements in the stock prices of various Information Technology companies on Tuesday. Notable gainers include MicroAlgo, Sobr Safe, Core Scientific, Hitek Global, TeraWulf, and MicroCloud Hologram. On the losing side, CalAmp, Brand Engagement Network, GCT Semiconductor Holdings, Ascent Solar Technologies, Verb Tech, and FOXO Technologies experienced declines.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 4:30 pm

Hitek Global has filed with the SEC to potentially offer and sell Class A ordinary shares worth up to $120 million.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:49 pm

In Tuesday's after-market session, several Information Technology stocks showed notable movements. Gainers included XIAO-I, Aware, Focus Universal, Hitek Global, Aurora Innovation, and CCC Intelligent Solutions, with increases ranging from 3.92% to 5.7%. Losers were led by Skyworks Solutions, Spectaire Holdings, Arqit Quantum, Lantronix, Backblaze, and Marin Software, with declines between 3.54% and 6.3%. Earnings releases were highlighted for XIAO-I, CCC Intelligent Solutions, Skyworks Solutions, and Lantronix.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 8:31 pm

In Monday's after-market session, several Information Technology stocks showed significant movement. Marin Software, Blend Labs, and Focus Universal were among the top gainers, with Marin Software leading at a 37.9% increase. On the downside, F5, Sanmina, and OMNIQ were the top losers, with F5 experiencing an 11.1% decline. Notably, Amkor Tech, F5, Sanmina, and Lattice Semiconductor released their earnings reports, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 8:31 pm

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