AMTD Digital (NYSE:HKD) Reaches New 52-Week Low at $2.92

Shares of AMTD Digital Inc. (NYSE:HKD - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $2.92 and last traded at $3.00, with a volume of 380478 shares. The stock had previously closed at $3.07.

AMTD Digital Trading Up 3.3 %

The stock has a fifty day simple moving average of $3.64 and a 200 day simple moving average of $4.17.

Institutional Investors Weigh In On AMTD Digital

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE grew its stake in 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 acquiring an additional 29,407 shares in the last quarter. BlackRock Inc. bought a new position in shares of AMTD Digital during the 1st quarter valued at about $170,000. XTX Topco Ltd purchased a new position in shares of AMTD Digital during the second quarter valued at about $129,000. Virtu Financial LLC bought a new stake in shares of AMTD Digital in the fourth quarter worth about $149,000. Finally, Powell Investment Advisors LLC purchased a new stake in shares of AMTD Digital in the third quarter worth about $57,000. 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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