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AMTD Digital (NYSE:HKD) Stock Price Down 5.3% - Time to Sell?

AMTD Digital logo with Business Services background
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AMTD Digital Inc. (NYSE:HKD - Get Free Report)'s stock price traded down 5.3% during trading on Monday . The stock traded as low as $2.20 and last traded at $2.22. 255,637 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 379,581 shares. The stock had previously closed at $2.34.

AMTD Digital Stock Down 1.3 %

The stock has a 50 day moving average price of $2.66 and a two-hundred day moving average price of $2.97.

Institutional Investors Weigh In On AMTD Digital

A hedge fund recently raised its stake in AMTD Digital stock. Faithward Advisors LLC increased its stake in shares of AMTD Digital Inc. (NYSE:HKD - Free Report) by 54.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 16,000 shares of the company's stock after buying an additional 5,647 shares during the period. Faithward Advisors LLC's holdings in AMTD Digital were worth $47,000 as of its most recent filing with the SEC. 5.75% of the stock is owned by hedge funds and other institutional investors.

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.

Further Reading

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