AMTD Digital Inc ADR (HKD) Stock Records 20.44% Quarterly Movement

In the past week, HKD stock has gone up by 22.13%, with a monthly gain of 59.12% and a quarterly surge of 20.44%. The volatility ratio for the week is 18.57%, and the volatility levels for the last 30 days are 9.05% for AMTD Digital Inc ADR The simple moving average for the past 20 days is 38.52% for HKD’s stock, with a 23.06% simple moving average for the past 200 days.

Is It Worth Investing in AMTD Digital Inc ADR (NYSE: HKD) Right Now?

The stock has a 36-month beta value of 2.16.

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The public float for HKD is 27.30M, and at present, short sellers hold a 2.18% of that float. On October 07, 2024, the average trading volume of HKD was 1.07M shares.

HKD) stock’s latest price update

The stock of AMTD Digital Inc ADR (NYSE: HKD) has decreased by -16.48 when compared to last closing price of 5.22. Despite this, the company has experienced a 22.13% gain in its stock price over the last five trading sessions. invezz.com reported 2024-10-03 that TOP Financial Group (TOP) and AMTD Digital (HKD) stock prices went parabolic this week, helped by the robust demand for Chinese companies after the government announced a series of stimulus measures.  AMTD Digital shares surged by 22% on Wednesday and by over 42% in extended hours, pushing its market cap to over $615 million.

HKD Trading at 43.38% 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 -29.45% of loss for the given period.

Volatility was left at 9.05%, however, over the last 30 days, the volatility rate increased by 18.57%, as shares surge +62.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.33% upper at present.

During the last 5 trading sessions, HKD rose by +22.13%, which changed the moving average for the period of 200-days by +2.35% in comparison to the 20-day moving average, which settled at $3.23. In addition, AMTD Digital Inc ADR saw 4.56% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for HKD

Current profitability levels for the company are sitting at:

  • 0.09 for the present operating margin
  • 0.66 for the gross margin

The net margin for AMTD Digital Inc ADR stands at 2.59. The total capital return value is set at 0.0.

Based on AMTD Digital Inc ADR (HKD), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22.

Currently, EBITDA for the company is 16.62 million with net debt to EBITDA at -10.18. When we switch over and look at the enterprise to sales, we see a ratio of 43.77. The receivables turnover for the company is 19.54for trailing twelve months and the total asset turnover is 0.03.

Conclusion

To sum up, AMTD Digital Inc ADR (HKD) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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