Algo version: 0.98b
HKIT is listed at the NASDAQ Exchange
HKIT [HKIT]
NASDAQ Sector: Technology Industry:Software - Application

Is HKIT stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

We cannot find any recorded dividends paid in our systems.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Hitek Global Inc. 10 years ago, but if you had invested on Friday 31st of March 2023 when the price was $5.56, you would have made a loss of $-3.95 per share or -71.04%

No, the average daily trading liquidity for Hitek Global Inc. is $208 976 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

Hitek Global Inc. has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 0.61, the company's ability to pay off the debt is good. Hitek Global Inc. has a very good net profit margin of 22.96% and should have very high tolerances against inflation.

We have calculated the inflation risk for Hitek Global Inc. to be low [0 out of 1]