As of Wednesday close, AMTD Digital Inc.’s (NYSE:HKD) stock was down -$0.19, moving down -3.22 percent to $5.71. The average number of shares traded per day over the past five days has been 1,461,360 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.90 fall in that time frame. In the last twenty days, the average volume was 922,875, while in the previous 50 days, it was 1,053,524.
Since last month, HKD stock retreated -13.62%. Shares of the company fell to $5.61 on 08/16/23, the lowest level in the past month. A 52-week high of $385.00 was reached on 01/05/23 after having rallying from a 52-week low of $5.86. Since the beginning of this year, HKD’s stock price has dropped by -42.90% or -$4.29, and marked a new high 3 times. However, the stock has declined by -98.52% since its 52-week high.
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Valuation Metrics
Right now, AMTD Digital Inc. (HKD) has a P/E ratio of about 28.55. The stock’s beta is 2.62.
Financial Health
In the recent quarter, AMTD Digital Inc.’s quick ratio stood at 50.80, while its current ratio was 50.80, showing that the company is able to pay off its debt. Based on annual data, HKD earned $14.83 million in gross profit and brought in $25.29 million in revenue.
Technical Picture
This quick technical analysis looks at AMTD Digital Inc.’s (HKD) price momentum. With a historical volatility rate of 35.91%, the RSI 9-day stood at 9.16% on 16 August.
With respect to its five-day moving average, the current AMTD Digital Inc. price is down by -13.62% percent or -$0.90. At present, HKD shares trade -13.88% below its 20-day simple moving average and -19.01% percent below its 100-day simple moving average. However, the stock is currently trading approximately -14.78% below its SMA50 and -72.04% below its SMA200.
Stochastic coefficient K was 9.14% and Stochastic coefficient D was 11.05%, while ATR was 0.28. Given the Stochastic reading of 7.69% for the 14-day period, the RSI (14) reading has been calculated as 18.68%. As of today, the MACD Oscillator reading stands at -0.44, while the 14-day reading stands at -0.52.
Analyst Ratings
AMTD Digital Inc. (HKD) has been rated – by analysts. According to 0 brokerage firms, HKD is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate AMTD Digital Inc. stock as buy, with 0 recommending it as overweight.
