AMTD Digital Inc ADR (NYSE: HKD) is -6.76% lower on its value in year-to-date trading and has touched a low of $2.55 and a high of $5.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HKD stock was last observed hovering at around $2.84 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $2.76, the stock is -1.46% and -6.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.47 million and changing -2.82% at the moment leaves the stock -16.18% off its SMA200. HKD registered -33.01% loss for a year compared to 6-month loss of -23.33%. The firm has a 50-day simple moving average (SMA 50) of $2.96178 and a 200-day simple moving average (SMA200) of $3.296345.
The stock witnessed a -6.76% gain in the last 1 month and extending the period to 3 months gives it a -37.84%, and is -6.76% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.41% over the week and 7.32% over the month.
Distance from 52-week low is 8.23% and -52.41% from its 52-week high.
The shares outstanding are 124.54M, and float is at 27.30M with Short Float at 2.65%.
The top institutional shareholder in the company is MORGAN STANLEY with over 51640.0 shares valued at $0.19 million. The investor’s holdings represent 0.0266 of the HKD Shares outstanding. As of 2024-06-30, the second largest holder is SMITH ANGLIN FINANCIAL, LLC with 20260.0 shares valued at $73139.0 to account for 0.0104 of the shares outstanding. The other top investors are POWELL INVESTMENT ADVISORS, LLC which holds 15830.0 shares representing 0.0081 and valued at over $57146.0, while SCHONFELD STRATEGIC ADVISORS LLC holds 0.0059 of the shares totaling 11500.0 with a market value of $41515.0.
