HIT Shares HiTech Group Australia Limited
ASX · ASXLast in our picks 2026-10-05 — not in the current list; analysis below is from that screen
Technology platform has niche potential, but cybersecurity exposure is not core.
Signal breakdown
- ▸Too indirect for a strong cybersecurity buy call.
- ▾Below 50-day MA (-10.58%)
- ▸Volume 1.57× average — accumulation
Is HIT a buy right now?
Trend: HIT is trading below the 50-day average (-7.89%), RSI 35 — neutral momentum, with a 3-month return of -11.76%.
Valuation & quality: HiTech Group Australia Limited trades on a trailing P/E of 10.5, price-to-book 3.80; fundamentals show net margin 6.3%, return on equity 35.4%, revenue growth -3.3% year on year.
Income: trailing dividend yield 7.62%.
Our screen: ACCUMULATE (score 1) — Technology platform has niche potential, but cybersecurity exposure is not core.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -19.60% | -27.50% | +2.10% | -5.20% | +34.80% | +13.70% | -24.80% | -0.90% |
Fundamentals
Technical signals
About HiTech Group Australia Limited
HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia.
Sector: Industrials · Industry: Staffing & Employment Services · Australia · 17 employees · Website
Related Cybersecurity picks
Browse: all ASX stocks · Cybersecurity picks · today's movers
Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.