AMTD Digital Inc ADR (HKD) Stock Price and Analyst Predictions

AMTD Digital Inc ADR (NYSE: HKD) has a price-to-earnings ratio that is above its average at 16.27x. The stock has a 36-month beta value of 2.25.

The public float for HKD is 27.30M, and at present, short sellers hold a 6.27% of that float. On May 01, 2024, the average trading volume of HKD was 473.58K shares.

HKD) stock’s latest price update

AMTD Digital Inc ADR (NYSE: HKD)’s stock price has plunge by 11.55relation to previous closing price of 3.29. Nevertheless, the company has seen a 9.23% surge in its stock price over the last five trading sessions. 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’s Market Performance

AMTD Digital Inc ADR (HKD) has seen a 9.23% rise in stock performance for the week, with a 14.69% gain in the past month and a -8.48% plunge in the past quarter. The volatility ratio for the week is 6.67%, and the volatility levels for the past 30 days are at 6.52% for HKD. The simple moving average for the past 20 days is 15.90% for HKD’s stock, with a -19.92% simple moving average for the past 200 days.

HKD Trading at 6.32% 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 -56.41% of loss for the given period.

Volatility was left at 6.52%, however, over the last 30 days, the volatility rate increased by 6.67%, as shares surge +22.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.06% lower at present.

During the last 5 trading sessions, HKD rose by +11.31%, which changed the moving average for the period of 200-days by -43.84% in comparison to the 20-day moving average, which settled at $3.20. In addition, AMTD Digital Inc ADR saw -11.99% 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 0.01.

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 -4.21. When we switch over and look at the enterprise to sales, we see a ratio of 34.73. The receivables turnover for the company is 0.13for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.29.

Conclusion

To sum up, AMTD Digital Inc ADR (HKD) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.

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