AMTD Digital (NYSE:HKD) Shares Gap Up – What’s Next?

Shares of AMTD Digital Inc. (NYSE:HKD) gapped up prior to trading on Monday . The stock had previously closed at $2.73, but opened at $2.88. AMTD Digital shares last traded at $2.85, with a volume of 386,655 shares changing hands.

AMTD Digital Stock Down 0.7 %

The company has a 50-day simple moving average of $2.83 and a 200 day simple moving average of $3.10.

Institutional Investors Weigh In On AMTD Digital

An institutional investor recently bought a new position in AMTD Digital stock. International Assets Investment Management LLC bought a new position in shares of AMTD Digital Inc. (NYSE:HKD) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 13,520 shares of the company’s stock, valued at approximately $460,000. 5.75% of the stock is owned by institutional investors.

AMTD Digital Company Profile

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.