AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD) Issues Earnings Results

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD – Get Free Report) posted its earnings results on Friday. The company reported $0.13 EPS for the quarter, FiscalAI reports. The company had revenue of $15.82 million during the quarter.

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares Stock Down 7.8%

AMTD stock traded down $2.31 on Friday, hitting $27.29. The company’s stock had a trading volume of 15,659 shares, compared to its average volume of 8,429. The firm has a 50 day moving average of $41.15 and a two-hundred day moving average of $51.57. AMTD IDEA Group American Depositary Shares, each representing six has a 1 year low of $21.01 and a 1 year high of $99.00.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares from a “sell (d)” rating to a “sell (d-)” rating in a research report on Friday, September 18th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Check Out Our Latest Stock Report on AMTD

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares Company Profile

(Get Free Report)

AMTD IDEA Group is a financial services company focused on serving corporations, institutional investors and other clients across Asia. Its activities include investment banking, securities brokerage, asset management, corporate finance and strategic investment services.

The company provides assistance with capital markets transactions, mergers and acquisitions, equity and debt financing, securities trading and investment management. It also makes strategic investments in businesses and financial assets, with an emphasis on opportunities connected to Asia’s financial and business markets.

AMTD IDEA Group was formerly known as AMTD International Inc and is associated with AMTD Group.

Further Reading

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