AMTD Digital (NYSE:HKD) Sets New 12-Month Low at $6.50

Shares of AMTD Digital Inc. (NYSE:HKD – Get Rating) hit a new 52-week low on Wednesday . The company traded as low as $6.50 and last traded at $6.52, with a volume of 216111 shares traded. The stock had previously closed at $6.53.

AMTD Digital Price Performance

The stock has a 50-day moving average price of $6.90 and a two-hundred day moving average price of $10.68.

Institutional Investors Weigh In On AMTD Digital

Several hedge funds have recently made changes to their positions in HKD. UBS Group AG bought a new stake in shares of AMTD Digital during the fourth quarter valued at approximately $49,000. Virtu Financial LLC bought a new stake in shares of AMTD Digital during the fourth quarter valued at approximately $149,000. BlackRock Inc. bought a new stake in shares of AMTD Digital during the first quarter valued at approximately $170,000. Bank of America Corp DE boosted its position in shares of AMTD Digital by 6,283.5% during the first quarter. Bank of America Corp DE now owns 29,875 shares of the company’s stock valued at $209,000 after purchasing an additional 29,407 shares in the last quarter. Finally, Smith Anglin Financial LLC bought a new stake in shares of AMTD Digital during the first quarter valued at approximately $352,000.

AMTD Digital Company Profile

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AMTD Digital Inc, through its subsidiaries, designs and develops a digital platform to provide financial, media, content and marketing, and investment solutions in Asia. It operates through three segments: SpiderNet Ecosystem Solutions, Digital Financial Services, and Corporate. The company offers digital banking and insurance technology platforms for consumers and small and medium-sized enterprises; and SpiderNet ecosystem, a platform to enhance their investor communication, investor relations, and corporate communication to enhance their valuation.