The latest trade, Performances and Moving Averages give us the following Picture
The share price of AMTD Digital Inc. (NYSE:HKD) dipped -1.92% to close Wednesday’s market session at $8.18, lower as compared to yesterday’s close. The stock price fluctuated between $7.23 and $8.35 throughout the trading session with the volume trading being 2012918 shares, which represented a significant variation when compared to the three months average volume of 3.40 million shares. The firm’s stock price fluctuated -1.68% within the last five trades and -7.26% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -82.22% in the last 6 months and -51.88% was subtracted to its value over the previous 3 months. HKD stock is trading at a margin of -0.09%, -20.66% and -89.40% 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 -99.68 percent below its 52-week high and 7.48 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 -92.5. 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.
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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 $1.51 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 38.95. 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 7.38 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 2.76, which equates the market value of a stock with its book value.