Ideas And Forecasts On AMTD Digital Inc. (NYSE: HKD)

AMTD Digital Inc. (NYSE:HKD) currently has a daily average trading volume of 3.42M but it saw 960160 shares traded on Thursday. With a market cap of 1.48B USD, stock’s current market price of $8.01 came falling about -2.08 while comparing to the previous closing price of $8.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $2555.30 and as low as $7.23. In the recent trading on the day, stock has struck highest price mark of $8.24 while lowest mark touched by it was $7.985.

Taking a look at 20-day trading activity of AMTD Digital Inc. (HKD) gives us an average price of $8.12, while its current price level is -99.69% below from 52-week high level whereas it is 10.79% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.50% during that period while stretching the period over a month that decreases to 4.73%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.83 which implies that the stock is in neutral territory.

Over the week, HKD’s stock price is moving -4.07% down while it is -8.56% when we observe its performance for the past one month. Year-to-date it is -19.90% down and over the past year.

Currently, AMTD Digital Inc.’s total number of outstanding shares is 179.79M with 0.00% of that held by the insiders while 4.13% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.90%. It has a price to earnings ratio (P/E ratio) of 38.14. Stock has a price to book (P/B) ratio of 2.71 while price to sale or P/S ratio amounts to 7.23.