AMTD Digital Inc ADR (HKD): Investing In A Time Of Crisis

AMTD Digital Inc ADR (NYSE:HKD) currently has a daily average trading volume of 1.34M but it saw 235824 shares traded in last market. With a market cap of 81.69M USD, the company’s current market price of $2.99 came rising about 2.05 while comparing to the previous closing price of $2.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.18 and as low as $2.61. In the recent trading on the day, stock has struck highest price mark of $2.9 while lowest mark touched by it was $3.02.

Taking a look at 20-day trading activity of AMTD Digital Inc ADR (HKD) gives us an average price of $2.99, while its current price level is -51.62% below from 52-week high level whereas it is 14.56% 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 $3.41 while that of 200 days or SMA-200 reads an average of $3.41. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.44% during that period while stretching the period over a month that increases to 6.36%. 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 46.00 which implies that the stock is in neutral territory.

Over the week, HKD’s stock price is moving 3.46% up while it is -15.30% when we observe its performance for the past one month. Year-to-date it is -28.30% down and over the past year, the stock is showing a downside performance of -40.32%.

Currently, AMTD Digital Inc ADR’s total number of outstanding shares is 27.32M. Stock’s beta reads 2.40.