HiTech Group Australia Limited [ASX:HIT] share price and news 2022

Company Description

HiTech Group Australia Limited (HIT) is Australia’s specialised ICT contracting, consulting and recruitment organisation. HiTech provides services to Australian and international organisations and has more than 26 years of experience in the industry. HiTech clients include Federal & State Government departments. HIT operates in Australia.

HiTech Group Australia Limited belongs to Industrials sector and under industry of Human Resource & Employment Services. You can get more information about this company via their website: http://www.hitechaust.com.

This a small cap company with market cap of 67 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is greater than sector but less than market. while Company PB is greater than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0.68 19.7 9.4 0
Market 0.85 22.3 1.99 0.84
Sector 1.18 19 2.84 1.53

Dividend Growth Chart

The following chart shows you how hit dividend grows in the recent years.HiTech Group Australia Limited has dividend yield of 4.85%