HKD Stock Summary and Trading Ideas (Amtd Digital American Depositary Shares (Every Five Of Which Represent Two Class A Ordinary Shares) | NYSE:HKD)

AMTD Digital Inc along with its subsidiaries, is mainly involved in the provision of digital solutions services. The company integrates various digital businesses using its AMTD SpiderNet ecosystem. Its reportable segments are; digital solutions services financial services; digital solutions services non-financial services, hotel operations, hospitality and VIP services, digital media, content and marketing services, and others. The company generates maximum revenue by providing financial digital solutions through its AMTD Risk Solutions, a digital insurance brokerage platform, and PolicyPal which is a digital insurance technology platform. Geographically, the company generates maximum revenue from Hong Kong and the rest from Canada and Singapore.

Amtd Digital American Depositary Shares (Every Five Of Which Represent Two Class A Ordinary Shares) trades on the NYSE stock market under the symbol HKD.

As of February 28, 2025, HKD stock price declined to $2.38 with 267,185 million shares trading.

HKD has a market cap of $457.30 million. This is considered a Small Cap stock.

HKD has underperformed the market in the last year with a price return of -37.4% while the SPY ETF gained +18.8%. HKD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -20.4% and -13.5%, respectively, while the SPY returned -0.4% and -2.5%, respectively.

HKD support price is $2.40 and resistance is $2.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HKD shares will trade within this expected range on the day.