Hitek Global Ordinary Stock Price History

HKIT Stock   1.28  0.01  0.78%   
If you're considering investing in Hitek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hitek Global stands at 1.28, as last reported on the 4th of December, with the highest price reaching 1.32 and the lowest price hitting 1.27 during the day. Hitek Global Ordinary holds Efficiency (Sharpe) Ratio of -0.0811, which attests that the entity had a -0.0811% return per unit of risk over the last 3 months. Hitek Global Ordinary exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hitek Global's Risk Adjusted Performance of (0.05), market risk adjusted performance of 0.8115, and Standard Deviation of 3.81 to validate the risk estimate we provide.
  
At this time, Hitek Global's Total Stockholder Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 17.6 M in 2024, whereas Common Stock is likely to drop 1,262 in 2024. . Price To Sales Ratio is likely to drop to 2.90 in 2024. Price Earnings Ratio is likely to drop to 12.62 in 2024. Hitek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0811

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Estimated Market Risk

 3.67
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hitek Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hitek Global by adding Hitek Global to a well-diversified portfolio.
Price Book
1.3325
Enterprise Value Ebitda
10.4785
Price Sales
10.873
Shares Float
2.8 M
Earnings Share
0.04

Hitek Global Stock Price History Chart

There are several ways to analyze Hitek Stock price data. The simplest method is using a basic Hitek candlestick price chart, which shows Hitek Global price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 7, 20241.68
Lowest PriceDecember 2, 20241.28

Hitek Global December 4, 2024 Stock Price Synopsis

Various analyses of Hitek Global's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Hitek Stock. It can be used to describe the percentage change in the price of Hitek Global from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Hitek Stock.
Hitek Global Price Action Indicator(0.02)
Hitek Global Price Daily Balance Of Power(0.20)
Hitek Global Price Rate Of Daily Change 0.99 

Hitek Global December 4, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Hitek Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Hitek Global intraday prices and daily technical indicators to check the level of noise trading in Hitek Stock and then apply it to test your longer-term investment strategies against Hitek.

Hitek Stock Price History Data

The price series of Hitek Global for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 has a statistical range of 0.43 with a coefficient of variation of 7.02. Under current investment horizon, the daily prices are spread out with arithmetic mean of 1.42. The median price for the last 90 days is 1.4.
OpenHighLowCloseVolume
12/04/2024
 1.28  1.32  1.27  1.28 
12/03/2024 1.28  1.31  1.26  1.28  13,374 
12/02/2024 1.28  1.32  1.27  1.28  18,156 
11/29/2024 1.37  1.37  1.29  1.29  14,313 
11/27/2024 1.30  1.40  1.30  1.31  23,752 
11/26/2024 1.29  1.36  1.29  1.36  4,084 
11/25/2024 1.34  1.40  1.33  1.39  18,370 
11/22/2024 1.30  1.37  1.30  1.36  8,978 
11/21/2024 1.30  1.34  1.27  1.29  26,320 
11/20/2024 1.33  1.36  1.31  1.32  9,287 
11/19/2024 1.37  1.37  1.32  1.33  12,647 
11/18/2024 1.33  1.33  1.26  1.32  21,569 
11/15/2024 1.34  1.34  1.26  1.32  29,278 
11/14/2024 1.34  1.35  1.30  1.34  41,660 
11/13/2024 1.35  1.36  1.34  1.34  23,235 
11/12/2024 1.33  1.35  1.32  1.35  54,818 
11/11/2024 1.33  1.33  1.31  1.33  15,707 
11/08/2024 1.33  1.35  1.32  1.32  5,840 
11/07/2024 1.34  1.36  1.31  1.31  7,091 
11/06/2024 1.35  1.35  1.32  1.34  12,471 
11/05/2024 1.38  1.38  1.35  1.35  6,541 
11/04/2024 1.30  1.39  1.30  1.37  12,794 
11/01/2024 1.42  1.42  1.32  1.37  13,134 
10/31/2024 1.40  1.40  1.30  1.34  28,434 
10/30/2024 1.42  1.43  1.38  1.41  6,853 
10/29/2024 1.39  1.43  1.38  1.43  19,785 
10/28/2024 1.40  1.45  1.39  1.39  28,410 
10/25/2024 1.40  1.41  1.38  1.39  5,973 
10/24/2024 1.36  1.40  1.36  1.40  7,978 
10/23/2024 1.35  1.45  1.35  1.39  6,812 
10/22/2024 1.40  1.43  1.37  1.40  13,718 
10/21/2024 1.41  1.41  1.37  1.40  11,796 
10/18/2024 1.39  1.44  1.38  1.41  10,921 
10/17/2024 1.42  1.42  1.36  1.38  18,109 
10/16/2024 1.49  1.49  1.40  1.40  15,164 
10/15/2024 1.47  1.47  1.39  1.42  15,171 
10/14/2024 1.50  1.58  1.39  1.43  59,260 
10/11/2024 1.50  1.58  1.48  1.49  21,956 
10/10/2024 1.48  1.51  1.45  1.49  28,447 
10/09/2024 1.51  1.55  1.39  1.48  55,031 
10/08/2024 1.66  1.68  1.52  1.53  25,873 
10/07/2024 1.59  1.79  1.58  1.68  95,157 
10/04/2024 1.53  1.60  1.50  1.55  19,128 
10/03/2024 1.64  1.64  1.42  1.51  33,763 
10/02/2024 1.48  1.74  1.46  1.64  195,140 
10/01/2024 1.40  1.46  1.36  1.46  13,425 
09/30/2024 1.45  1.45  1.39  1.40  27,506 
09/27/2024 1.40  1.42  1.38  1.40  12,793 
09/26/2024 1.45  1.46  1.37  1.37  20,062 
09/25/2024 1.38  1.45  1.36  1.44  16,915 
09/24/2024 1.43  1.49  1.35  1.35  24,750 
09/23/2024 1.41  1.47  1.40  1.40  8,278 
09/20/2024 1.44  1.46  1.40  1.45  12,537 
09/19/2024 1.48  1.54  1.45  1.46  21,542 
09/18/2024 1.41  1.44  1.40  1.41  16,454 
09/17/2024 1.47  1.48  1.42  1.42  6,157 
09/16/2024 1.47  1.47  1.40  1.46  17,397 
09/13/2024 1.44  1.52  1.44  1.49  14,031 
09/12/2024 1.46  1.52  1.46  1.52  13,118 
09/11/2024 1.38  1.50  1.36  1.43  33,357 
09/10/2024 1.46  1.48  1.20  1.41  63,501 

About Hitek Global Stock history

Hitek Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hitek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hitek Global Ordinary will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hitek Global stock prices may prove useful in developing a viable investing in Hitek Global
Last ReportedProjected for Next Year
Common Stock Shares Outstanding13.3 M11.5 M
Net Income Applicable To Common Shares1.5 M1.6 M

Hitek Global Quarterly Net Working Capital

21.41 Million

Hitek Global Stock Technical Analysis

Hitek Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hitek Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hitek Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Hitek Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hitek Global's price direction in advance. Along with the technical and fundamental analysis of Hitek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hitek to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Hitek Stock Analysis

When running Hitek Global's price analysis, check to measure Hitek Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hitek Global is operating at the current time. Most of Hitek Global's value examination focuses on studying past and present price action to predict the probability of Hitek Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitek Global's price. Additionally, you may evaluate how the addition of Hitek Global to your portfolios can decrease your overall portfolio volatility.