AMTD Digital (NYSE:HKD) Shares Gap Up – Still a Buy?

AMTD Digital Inc. (NYSE:HKDGet Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $2.84, but opened at $2.90. AMTD Digital shares last traded at $2.79, with a volume of 40,590 shares.

AMTD Digital Trading Down 4.9 %

The stock has a fifty day simple moving average of $2.93 and a two-hundred day simple moving average of $3.18.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AMTD Digital stock. International Assets Investment Management LLC acquired a new position in AMTD Digital Inc. (NYSE:HKDFree Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 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.

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.

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