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

In Friday's pre-market session, several information technology stocks showed significant movement. AppFolio and Ostin Technology Group were among the top gainers, with AppFolio's stock rising by 10.8% following their Q1 earnings report, and Ostin Technology Group's stock increasing by 10.21%. On the losing side, Intel and Atlassian saw notable declines, with Intel's stock dropping by 7.72% after their Q1 earnings release, and Atlassian's stock decreasing by 5.76% following their Q3 earnings announcement.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 12:06 pm

Teradyne, Inc. (NASDAQ:TER) shares surged over 8% in pre-market trading following strong first-quarter results and an optimistic second-quarter forecast. Other stocks also showed significant movement in pre-market trading, with notable gainers including Intelligent Living Application Group Inc. (NASDAQ:ILAG) and losers like Biophytis S.A. (NASDAQ:BPTS).

Portfolio Pulse from Avi Kapoor

April 25, 2024 | 10:12 am

In Wednesday's after-market session, several information technology stocks saw significant movements. Notably, ReAlpha Tech Corp (AIRE), Hitek Global (HKIT), and Alpha Technology Group (ATGL) were among the top gainers, while TROOPS (TROO), IBM, and ServiceNow (NOW) were among the top losers. Impinj (PI) and IBM reported their Q1 earnings, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 8:31 pm

In Tuesday's intraday session, several information technology stocks experienced significant movements. Notable gainers included Cyngn, MMTEC, NextTrip, BIT Mining, Hitek Global, and AudioEye, with Cyngn leading the pack with a 58.2% increase. On the downside, Tungray Technologies, Prairie Operating, Kopin, ARB IOT Group, Strong Global, and Nano Labs saw declines, with Tungray Technologies experiencing the largest drop of 27.5%. AudioEye's rise was attributed to its Q1 earnings report release.

Portfolio Pulse from Benzinga Insights

April 23, 2024 | 4:31 pm

Tech sector stocks are down due to market uncertainty and doubts about potential rate cuts.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 7:38 pm

Hitek Global reported a decrease in its fiscal year 2023 earnings per share to $0.08 from $0.13 year-over-year. Revenue also fell to $4.6 million from $6.4 million in the same period.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:39 pm

Kodiak Sciences Inc. shares fell by around 20% after reporting a wider-than-expected Q4 loss. Other stocks showed significant movement, with Avalo Therapeutics leading gainers with a 430% jump after acquiring a Phase 2-ready anti-IL-1β mAb and announcing a private placement financing. Losers included Primech Holdings, falling 46.7% after issuing financial updates. The market saw a mix of positive and negative movements across various sectors.

Portfolio Pulse from Avi Kapoor

March 28, 2024 | 6:08 pm

RH shares surged 9.4% in pre-market trading after releasing Q4 results and an upbeat full-year 2024 forecast, despite weaker-than-expected Q4 results. Other stocks showed significant movement in pre-market trading, with notable gainers including Avalo Therapeutics and Binah Capital Group, and losers like GCT Semiconductor Holding and MillerKnoll.

Portfolio Pulse from Avi Kapoor

March 28, 2024 | 12:21 pm

In Thursday's pre-market session, several information technology stocks showed significant movement. Notably, Movano, Nano Labs, Cipher Mining, Sequans Communications, Sprinklr, and AEye experienced gains, with Sprinklr and AEye recently releasing their Q4 earnings. Conversely, Wetouch Technology, Sobr Safe, Abits Group, D-Wave Quantum, Sonim Technologies, and Hitek Global saw declines, with D-Wave Quantum and Sonim Technologies also reporting their Q4 earnings.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 12:06 pm

In Wednesday's after-market session, several Information Technology stocks showed notable movements. Gainers included Marin Software, Sprinklr, Airship AI Holdings, Verint Systems, Greenidge Generation Holdings, and SMX, with increases ranging from 2.57% to 5.3%. On the losing side, Sobr Safe, Aurora Mobile, Movella Holdings, Hitek Global, Rekor Systems, and Meta Materials saw declines between 4.63% and 16.8%. Notably, Sprinklr, Verint Systems, Greenidge Generation Holdings, and Rekor Systems had their Q4 earnings reports released, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 8:31 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.