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

AMTD Digital Inc. (NYSE:HKDGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $2.68, but opened at $2.74. AMTD Digital shares last traded at $2.65, with a volume of 45,529 shares.

AMTD Digital Trading Up 3.7 %

The stock’s 50-day moving average is $3.01 and its 200 day moving average is $3.23.

Institutional Trading of AMTD Digital

A hedge fund recently bought a new stake in AMTD Digital stock. International Assets Investment Management LLC bought a new position in shares of AMTD Digital Inc. (NYSE:HKDFree Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 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.

AMTD Digital Company Profile

(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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