no that is not necessarily correct damitssam. You can have loads of hits for 1 page. For example if you have a page with 10 images on it and using a style sheet that is 12 hits (1 for the page, 1 for the style sheet and 1 for each image)
In the context rocknrollo has asked I would say 1200 is the page loads and 53,000 hits are the requests (for page/images/css etc)