AMTD Digital (NYSE:HKD) Sets New 1-Year Low – Here’s What Happened

AMTD Digital Inc. (NYSE:HKD)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as $2.55 and last traded at $2.64, with a volume of 39643 shares traded. The stock had previously closed at $2.58.

AMTD Digital Stock Performance

The company’s 50 day moving average price is $3.16 and its two-hundred day moving average price is $3.28.

Institutional Investors Weigh In On AMTD Digital

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

AMTD Digital Company Profile

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.