Estimating Price Trends For AMTD Digital Inc ADR (NYSE: HKD)

AMTD Digital Inc ADR (NYSE:HKD) does about 1.07M shares in volume on a normal day but saw 3820019 shares change hands in the recent trading day. The company now has a market cap of 119.12M USD. Its current market price is $4.36, marking a decrease of -16.48% compared to the previous close of $5.22. The 52 week high reached by this stock is $6.18 whilst the lowest price level in 52 weeks is $2.61.

AMTD Digital Inc ADR (HKD) has a 20-day trading average at $3.23 and the current price is -29.45% off the 52-week high compared with 67.05% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.06 and its 200-day simple moving average is $3.54. If we look at the stock’s price movements over the week, volatility stands at 18.57%, which decreases to 9.05% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.88 to suggest the stock is neutral.

The current price level is 38.52%, 43.38%, and 23.06% away from its SMA20, SMA50, and SMA200 respectively, with the HKD price moving below the 50-day SMA on current market day. AMTD Digital Inc ADR (HKD) stock is up 22.13% over the week and 59.12% over the past month. Its price is 4.56% year-to-date and -20.87% over the past year.

Outstanding shares total 27.32M with insiders holding 0.00% of the shares and institutional holders owning 0.67% of the company’s common stock. The beta has a value of 2.16.