The stock of AMTD Digital Inc ADR (HKD) has gone up by 8.39% for the week, with a -9.43% drop in the past month and a -16.83% drop in the past quarter. The volatility ratio for the week is 8.11%, and the volatility levels for the past 30 days are 5.61% for HKD. The simple moving average for the past 20 days is 0.78% for HKD’s stock, with a -30.07% simple moving average for the past 200 days.
Is It Worth Investing in AMTD Digital Inc ADR (NYSE: HKD) Right Now?
AMTD Digital Inc ADR (NYSE: HKD) has a higher price-to-earnings ratio of 14.89x compared to its average ratio. HKD has 36-month beta value of 2.46.
The public float for HKD is 27.30M, and currently, short sellers hold a 5.64% ratio of that float. The average trading volume of HKD on April 15, 2024 was 442.00K shares.
HKD) stock’s latest price update
AMTD Digital Inc ADR (NYSE: HKD)’s stock price has soared by 5.99 in relation to previous closing price of 3.17. Nevertheless, the company has seen a gain of 8.39% in its stock price over the last five trading days. Business Wire reported 2023-11-10 that PARIS & NEW YORK & SINGAPORE–(BUSINESS WIRE)–AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), alongside with AMTD Group Inc. (“AMTD Group”) and AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”), through AMTD World Media and Entertainment Group, together as “AMTD”, are thrilled to announce that another new movie titled “The Goldfinger” (“Movie”) will be released to public globally on December 30, 2023. “The Goldfinger” is an action crime thriller film written and directed by Felix Chong, and.
HKD Trading at -8.20% 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 -63.48% of loss for the given period.
Volatility was left at 5.61%, however, over the last 30 days, the volatility rate increased by 8.11%, as shares sank -4.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.21% lower at present.
During the last 5 trading sessions, HKD rose by +8.39%, which changed the moving average for the period of 200-days by -49.09% in comparison to the 20-day moving average, which settled at $3.33. In addition, AMTD Digital Inc ADR saw -19.42% 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:
- 0.39 for the present operating margin
- 0.68 for the gross margin
The net margin for AMTD Digital Inc ADR stands at 1.6. The total capital return value is set at 0.11.
Based on AMTD Digital Inc ADR (HKD), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02.
Currently, EBITDA for the company is 32.27 million with net debt to EBITDA at -0.54. When we switch over and look at the enterprise to sales, we see a ratio of 3.38. The receivables turnover for the company is 1.04for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.29.
Conclusion
To put it simply, AMTD Digital Inc ADR (HKD) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
