AMTD Digital (NYSE:HKD) Issues Earnings Results

AMTD Digital (NYSE:HKD) issued its quarterly earnings results on Friday. The company reported $0.04 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $13.20 million during the quarter.

AMTD Digital Price Performance

NYSE HKD remained flat at $1.72 during trading on Friday. The company’s stock had a trading volume of 89,239 shares, compared to its average volume of 317,137. The stock has a 50-day simple moving average of $1.70 and a 200 day simple moving average of $1.69. AMTD Digital has a 12 month low of $1.26 and a 12 month high of $5.47.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of AMTD Digital from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, AMTD Digital currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On AMTD Digital

An institutional investor recently bought a new position in AMTD Digital stock. SmartHarvest Portfolios LLC acquired a new position in shares of AMTD Digital Inc. Sponsored ADR (NYSE:HKD) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 114,741 shares of the company’s stock, valued at approximately $179,000. 5.75% of the stock is owned by institutional investors and hedge funds.

AMTD Digital Company Profile

AMTD Digital Inc is a digital services and investment company that operates as part of the broader AMTD Group. The company develops and manages the AMTD SpiderNet ecosystem, a platform designed to connect entrepreneurs, investors, corporations and professional service providers across Asia and other international markets.

Its activities include digital media, content and marketing services; business and investment platform services; and strategic investments in technology, media and other growth-oriented businesses.