At the last check on Thursday, AMTD Digital Inc.’s (NYSE:HKD) stock traded at $5.50. The average number of shares traded per day over the past five days has been 499,616 shares. 2 times new highs have been achieved over the past 5 days, with a $0.01 gain in that time frame. In the last twenty days, the average volume was 1,134,324, while in the previous 50 days, it was 1,912,296.
Since last month, HKD stock retreated -13.66%. Shares of the company fell to $5.21 on 08/22/23, the lowest level in the past month. A 52-week high of $104.60 was reached on 01/05/23 after having rallying from a 52-week low of $4.80. Since the beginning of this year, HKD’s stock price has dropped by -45.00% or -$4.49, and marked a new high 3 times. However, the stock has declined by -94.74% since its 52-week high.
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Valuation Metrics
Right now, AMTD Digital Inc. (HKD) has a P/E ratio of about 24.44. The stock’s beta is 2.53. Besides these, the trailing price-to-sales (P/S) ratio of 31.71, the price-to-book (PB) ratio of 2.23.
Financial Health
In the recent quarter, AMTD Digital Inc.’s quick ratio stood at 2.30, while its current ratio was 2.30, showing that the company is able to pay off its debt. In the recent year, operating margins totaled 43.10%. Based on annual data, HKD earned $18.84 million in gross profit and brought in $33.07 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.90%. Return on equity (ROE) for the past 12 months was 2.60%.
The liabilities of AMTD Digital Inc. were 140.57 million at the end of its most recent quarter, and its total debt was $98.92 million.
Technical Picture
This quick technical analysis looks at AMTD Digital Inc.’s (HKD) price momentum. With a historical volatility rate of 2.95%, the RSI 9-day stood at 36.72% on 20 September.
With respect to its five-day moving average, the current AMTD Digital Inc. price is up by +0.18% percent or $0.01. At present, HKD shares trade -10.26% below its 20-day simple moving average and -34.41% percent below its 100-day simple moving average. However, the stock is currently trading approximately -17.76% below its SMA50 and -68.51% below its SMA200.
Stochastic coefficient K was 19.57% and Stochastic coefficient D was 17.16%, while ATR was 0.20. Given the Stochastic reading of 23.62% for the 14-day period, the RSI (14) reading has been calculated as 37.83%.
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.
