AMTD Digital (NYSE:HKD) Shares Gap Up – Time to Buy?

AMTD Digital Inc. (NYSE:HKDGet Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $2.65, but opened at $2.94. AMTD Digital shares last traded at $3.16, with a volume of 1,491,299 shares.

AMTD Digital Price Performance

The stock’s 50-day simple moving average is $2.78 and its 200 day simple moving average is $3.05.

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) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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.

About AMTD Digital

(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.

Featured Articles

Receive News & Ratings for AMTD Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMTD Digital and related companies with MarketBeat.com's FREE daily email newsletter.