The latest trade, Performances and Moving Averages give us the following Picture
The share price of AMTD Digital Inc. (NYSE:HKD) dipped 0.00% to close Monday’s market session at $11.08, lower as compared to yesterday’s close. The stock price fluctuated between $10.83 and $11.3915 throughout the trading session with the volume trading being 2026961 shares, which represented a significant variation when compared to the three months average volume of 2.37 million shares. The firm’s stock price fluctuated 0.36% within the last five trades and -15.16% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -83.71% in the last 6 months and -60.43% was subtracted to its value over the previous 3 months. HKD stock is trading at a margin of -15.64%, -28.44% and -88.45% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, HKD deals in the Technology domain. The stock is trading -99.57 percent below its 52-week high and 19.01 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -91.4. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does AMTD Digital Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $2.05 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for AMTD Digital Inc. (NYSE:HKD) is 73.87. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 10.41 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 0.61, which equates the market value of a stock with its book value.