The stock of AMTD Digital Inc. (NYSE:HKD) increased by $0.01 on Wednesday to $6.03, up 0.17 percent. The last five days have seen an average of 1,897,724 shares of common stock traded. 3 times new highs were reached in the current year, with a fall of -$3.99. The average number of shares traded over the last 20 days was 3,480,386, while the average volume over the last 50 days totaled 2,022,552.
HKD stock dropped -9.05% since last month. On 08/18/23, the company’s shares reached a one-month low of $4.80. The stock touched a high of $385.00 on 01/05/23, after rallying from a low of $4.80 in 52 weeks. The price of HKD stock has declined by -39.70% or -$3.99 this year, reaching a new high 3 times. Still, the stock price is down -98.43% from the 52-week high.
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Valuation Metrics
AMTD Digital Inc. (HKD) has a trailing price-to-earnings (P/E) ratio of 207.93. Beta for the stock is 2.71. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 274.51, the price-to-book (PB) ratio of 19.45.
Financial Health
For the recent quarter, AMTD Digital Inc.’s quick ratio was 2.30, while its current ratio was 2.30, indicating its ability to pay off its debt. AMTD Digital Inc.’s EBITDA margin for the recent year was 44.79%, whereas its operating margin stood at 43.10% for the same period. Based on annual data, it had gross profit of $18.84 million and revenue of $33.07 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. HKD’s return on assets (ROA) during the last 12 months has been 1.80%. There was a 1.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 2.60%.
Earnings Surprise
At the end of AMTD Digital Inc.’s most recent quarter, its liabilities totaled 10.85 million, while its total debt was $98.92 million.
Technical Picture
Here’s a quick look at AMTD Digital Inc.’s (HKD) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 46.86%, suggesting the stock is Neutral, with a 134.05% historical volatility rate.
The stochastic %K and %D were 34.73% and 36.35% respectively, while the average true range (ATR) was 0.48. Based on the 14-day stochastic reading of 33.46%, the RSI (14) reading is 45.65%. On the 9-day MACD Oscillator, the stock is at 0.13, and the 14-day reading is at 0.11.
Analyst Ratings
Analysts have assigned AMTD Digital Inc. (HKD) an – rating. HKD is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
