The price-to-earnings ratio for AMTD Digital Inc. (NYSE: HKD) is above average at 39.71x. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for HKD is 20.92M, and at present, short sellers hold a 13.23% of that float. The average trading volume of HKD on March 15, 2023 was 3.40M shares.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
HKD) stock’s latest price update
AMTD Digital Inc. (NYSE: HKD)’s stock price has decreased by -1.38 compared to its previous closing price of 8.34. However, the company has experienced a -1.14% decline in its stock price over the last five trading sessions.
HKD’s Market Performance
AMTD Digital Inc. (HKD) has seen a -1.14% fall in stock performance for the week, with a -6.75% decline in the past month and a -51.62% plunge in the past quarter. The volatility ratio for the week is 4.32%, and the volatility levels for the past 30 days are at 4.44% for HKD. The simple moving average for the last 20 days is 0.46% for HKD stock, with a simple moving average of -89.34% for the last 200 days.
HKD Trading at -20.22% from the 50-Day Moving Average
After a stumble in the market that brought HKD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.68% of loss for the given period.
Volatility was left at 4.44%, however, over the last 30 days, the volatility rate increased by 4.32%, as shares sank -6.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.70% lower at present.
During the last 5 trading sessions, HKD fell by -1.08%, in comparison to the 20-day moving average, which settled at $8.16. In addition, AMTD Digital Inc. saw -17.75% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for HKD
Current profitability levels for the company are sitting at:
- +41.45 for the present operating margin
The net margin for AMTD Digital Inc. stands at +108.79.
The liquidity ratio also appears to be rather interesting for investors as it stands at 27.79.
In summary, AMTD Digital Inc. (HKD) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.