AMTD Digital (NYSE:HKD) Shares Gap Up – Should You Buy?

AMTD Digital Inc. (NYSE:HKDGet Free Report)’s stock price gapped up prior to trading 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 traded.

AMTD Digital Price Performance

The company has a 50 day simple moving average of $2.93 and a 200-day simple moving average of $3.18.

Institutional Trading of AMTD Digital

A hedge fund recently bought a new stake in AMTD Digital stock. International Assets Investment Management LLC acquired a new stake in AMTD Digital Inc. (NYSE:HKDFree Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 13,520 shares of the company’s stock, valued at approximately $460,000. Hedge funds and other institutional investors 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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