Hitek Global (HKIT) Stock Price, News & Analysis

Company Overview

Hitek Global (NASDAQ: HKIT) is a diversified manufacturing holding company that provides precision components, assemblies and electronics solutions to original equipment manufacturers (OEMs) across a wide range of industries. Through its network of subsidiaries, the company offers end-to-end services including product design support, tooling and prototyping, injection molding, die-casting, CNC machining, surface finishing and final assembly. These integrated capabilities enable customers to streamline supply chains and accelerate time-to-market for complex, high-tolerance products.

Established through strategic acquisitions in Asia and North America, Hitek Global serves markets such as aerospace and defense, automotive, medical devices, telecommunications, renewable energy and industrial automation. Manufacturing operations are located in key geographies including mainland China, Mexico and the United States, allowing the company to balance cost-effective offshore production with near-shore responsiveness and logistical flexibility. Its global footprint also supports a scalable platform for custom solutions in both low-volume, high-mix and high-volume, standardized production runs.

Since completing its public listing via a merger in 2021, Hitek Global has continued to invest in Industry 4.0 technologies, robotics, IoT-enabled quality inspection systems and automated material handling to improve efficiency and traceability. The company’s growth strategy emphasizes targeted acquisitions of complementary service providers, expansion of core capabilities and ongoing enhancement of its design-for-manufacturability expertise, all aimed at delivering value through lower total cost of ownership for customers.

Leadership is headed by President and Chief Executive Officer Kenneth Y. Mai, whose experience in advanced manufacturing and global operations has guided the company’s evolution into a multi-facility, multi-disciplinary platform. Supported by a senior management team and board of directors with deep expertise in engineering, finance and international business development, Hitek Global is positioned to pursue disciplined growth while maintaining a focus on quality, compliance and customer satisfaction.

Key Stats

• Today's Range: $1.39 to $1.45
• 50-Day Range: $1.19 to $1.55
• 52-Week Range: $1.15 to $1.86
• Volume: 1,916 shs
• Average Volume: 25,556 shs
• Market Capitalization: $20.22 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Hitek Global Stock Analysis - MarketRank™

Hitek Global scored higher than 11% of companies evaluated by MarketBeat, and ranked 283rd out of 312 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Hitek Global.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Hitek Global has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.06% of the float of Hitek Global has been sold short.

Short Interest Ratio / Days to Cover

Hitek Global has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hitek Global has recently increased by 169.23%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Hitek Global does not currently pay a dividend.

Dividend Growth

Hitek Global does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.06% of the float of Hitek Global has been sold short.

Short Interest Ratio / Days to Cover

Hitek Global has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hitek Global has recently increased by 169.23%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

Hitek Global has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.89 average news sentiment score of Business Services companies.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hitek Global insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 1.19% of the stock of Hitek Global is held by institutions.

HKIT Stock Analysis - Frequently Asked Questions

How have HKIT shares performed this year?

Hitek Global's stock was trading at $1.43 on January 1st, 2025. Since then, HKIT shares have decreased by 1.7% and is now trading at $1.4050.

When did Hitek Global IPO?

Hitek Global (HKIT) raised $16 million in an IPO on Friday, March 31st 2023. The company issued 3,200,000 shares at a price of $5.00 per share.

How do I buy shares of Hitek Global?

Shares of HKIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Hitek Global own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hitek Global investors own include Meta Platforms (META), NVIDIA (NVDA), AMC Entertainment (AMC), Datadog (DDOG), Lucid Group (LCID), MicroStrategy (MSTR) and

Company Calendar

• Today: 7/17/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:HKIT
• CIK: 1742341
• Web: www.xmhitek.com
• Phone: 86-59-2539-5967
• Fax: N/A
• Employees: 75
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.06
• Current Ratio: 13.08
• Quick Ratio: 13.02

Sales & Book Value

• Annual Sales: $2.90 million
• Price / Sales: 6.96
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.45 per share
• Price / Book: 0.57

Miscellaneous

• Outstanding Shares: 14,392,000
• Free Float: N/A
• Market Cap: $20.22 million
• Optionable: Not Optionable
• Beta: 1.41