AMTD Digital Inc ADR (NYSE: HKD)’s stock price has gone rise by 9.19 in comparison to its previous close of 2.72, however, the company has experienced a -0.34% decrease in its stock price over the last five trading days. prnewswire.com reported 2024-11-11 that SHANGHAI, Nov. 11, 2024 /PRNewswire/ — Xiao-I Corporation (NASDAQ: AIXI), a leading AI enterprise, today announced a strategic agreement with an undisclosed Hong Kong public sector client. This engagement further solidifies Xiao-I’s reputation and expands its footprint in the Hong Kong public sector, and is projected to generate initial revenue of approximately 8 million Hong Kong dollars.
Is It Worth Investing in AMTD Digital Inc ADR (NYSE: HKD) Right Now?
Moreover, the 36-month beta value for HKD is 2.42.
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The public float for HKD is 27.30M and currently, short sellers hold a 2.89% of that float. On November 20, 2024, HKD’s average trading volume was 1.32M shares.
HKD’s Market Performance
HKD stock saw a decrease of -0.34% in the past week, with a monthly decline of -17.04% and a quarterly a decrease of -1.00%. The volatility ratio for the week is 8.04%, and the volatility levels for the last 30 days are 6.69% for AMTD Digital Inc ADR (HKD). The simple moving average for the last 20 days is -5.32% for HKD’s stock, with a simple moving average of -13.76% for the last 200 days.
HKD Trading at -12.44% 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 -51.94% of loss for the given period.
Volatility was left at 6.69%, however, over the last 30 days, the volatility rate increased by 8.04%, as shares sank -16.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.41% upper at present.
During the last 5 trading sessions, HKD fell by -0.34%, which changed the moving average for the period of 200-days by -23.85% in comparison to the 20-day moving average, which settled at $3.14. In addition, AMTD Digital Inc ADR saw -28.78% 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:
- -0.24 for the present operating margin
- 0.65 for the gross margin
The net margin for AMTD Digital Inc ADR stands at 3.68. The total capital return value is set at -0.01.
Based on AMTD Digital Inc ADR (HKD), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 1.42.
Currently, EBITDA for the company is 47.81 million with net debt to EBITDA at 56.77. When we switch over and look at the enterprise to sales, we see a ratio of 61.3. The receivables turnover for the company is 9.29for trailing twelve months and the total asset turnover is 0.02.
Conclusion
To wrap up, the performance of AMTD Digital Inc ADR (HKD) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
