Hitek Global Holds Close to 52-Week Low After Holiday
Hitek Global Inc. shares closed Friday at $0.6700, up 0.72%, but slipped to $0.6601 after hours, trading near a 52-week low. The Nasdaq is closed Monday for Memorial Day, with regular trading to resume Tuesday. HKIT dropped about 2.5% last week and remains in micro-cap territory with a market cap near $6.47 million. Revenue for fiscal 2025 rose to $6.5 million, but gross profit and cash declined.
