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AMTD Digital (NYSE:HKD) Shares Gap Down - Should You Sell?

AMTD Digital logo with Business Services background

AMTD Digital Inc. (NYSE:HKD - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $3.20, but opened at $2.93. AMTD Digital shares last traded at $2.86, with a volume of 416,443 shares changing hands.

AMTD Digital Trading Down 4.6 %

The business's 50-day simple moving average is $2.77 and its 200 day simple moving average is $3.04.

Institutional Trading of AMTD Digital

An institutional investor recently bought a new position in AMTD Digital stock. International Assets Investment Management LLC purchased a new stake in AMTD Digital Inc. (NYSE:HKD - Free Report) during the third 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. 5.75% of the stock is currently owned by institutional investors and hedge funds.

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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