AMTD Digital Inc ADR (NYSE: HKD) Recovers 24.66% From 52-Week Low, Is HKD Still A High-Risk, High-Reward Play?

AMTD Digital Inc ADR (NYSE:HKD) currently has a daily average trading volume of 473.58K but it saw 1155692 shares traded in last market. With a market cap of 99.44M USD, the company’s current market price of $3.64 came rising about 10.64 while comparing to the previous closing price of $3.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.42 and as low as $2.92.

Taking a look at 20-day trading activity of AMTD Digital Inc ADR (HKD) gives us an average price of $3.20, while its current price level is -56.77% below from 52-week high level whereas it is 24.66% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.45 while that of 200 days or SMA-200 reads an average of $4.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.53% during that period while stretching the period over a month that decreases to 7.32%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 62.32 which implies that the stock is in neutral territory.

Over the week, HKD’s stock price is moving 8.33% up while it is 13.75% when we observe its performance for the past one month. Year-to-date it is -12.71% down and over the past year, the stock is showing a downside performance of -47.17%.

Currently, AMTD Digital Inc ADR’s total number of outstanding shares is 27.32M. Company’s return on investment (ROI) stands at 9.11%. It has a price to earnings ratio (P/E ratio) of 16.13. Stock’s beta reads 2.25. Stock has a price to book (P/B) ratio of 1.52 while price to sale or P/S ratio amounts to 3.01.