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

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

Hitek Global Stock Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 7.35 and a quick ratio of 7.28. The company’s 50 day moving average is $1.45 and its 200 day moving average is $1.49.

About Hitek Global

(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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