AMTD Digital (NYSE:HKD) Shares Up 5.8% – Should You Buy?

AMTD Digital Inc. (NYSE:HKDGet Free Report)’s stock price traded up 5.8% during mid-day trading on Tuesday . The stock traded as high as $3.69 and last traded at $3.66. 178,756 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 681,468 shares. The stock had previously closed at $3.46.

AMTD Digital Price Performance

The company has a 50-day moving average price of $3.33 and a 200-day moving average price of $3.43.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AMTD Digital stock. International Assets Investment Management LLC purchased a new position in AMTD Digital Inc. (NYSE:HKDFree Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 13,520 shares of the company’s stock, valued at approximately $460,000. Hedge funds and other institutional investors own 5.75% of the company’s stock.

AMTD Digital Company Profile

(Get Free Report)

AMTD Digital Inc, through its subsidiaries, designs and develops a digital platform to provide financial, media, content and marketing, and investment solutions in Asia. The company operates through Digital Solutions ServicesFinancial Services, Digital Solutions ServicesNon Financial Services, Digital Media, Content, and Marketing Services, and Digital Investments segments.

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