Hitek Global (NASDAQ:HKIT) Trading Up 2.6% – Still a Buy?

Hitek Global Inc. (NASDAQ:HKITGet Free Report) shares were up 2.6% on Friday . The stock traded as high as $1.60 and last traded at $1.55. Approximately 15,775 shares traded hands during trading, a decline of 98% from the average daily volume of 785,298 shares. The stock had previously closed at $1.51.

Hitek Global Price Performance

The company’s 50-day moving average is $1.45 and its two-hundred day moving average is $1.49. The company has a debt-to-equity ratio of 0.07, a quick ratio of 7.28 and a current ratio of 7.35.

Hitek Global Company Profile

(Get Free Report)

Hitek Global Inc provides information technology (IT) consulting and solutions to small and medium businesses in various industry sectors in China. It offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells software and hardware to large businesses, such as laptops, printers, desktop computers, and related accessories, as well as Internet servers, cameras, and monitors.

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