Market cap of AMTD Digital Inc ADR [HKD] reaches 87.42M – now what?

AMTD Digital Inc ADR [NYSE: HKD] gained 20.75% or 0.55 points to close at $3.20 with a heavy trading volume of 5299225 shares.

The daily chart for HKD points out that the company has recorded 12.28% gains over the past six months.

If we look at the average trading volume of 325.56K shares, HKD reached to a volume of 5299225 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Trading performance analysis for HKD stock

AMTD Digital Inc ADR [HKD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 22.14. With this latest performance, HKD shares gained by 9.59% in over the last four-week period, additionally plugging by 12.28% over the last 6 months – not to mention a drop of -17.95% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HKD stock in for the last two-week period is set at 68.88, with the RSI for the last a single of trading hit 76.51, and the three-weeks RSI is set at 62.56 for AMTD Digital Inc ADR [HKD]. The present Moving Average for the last 50 days of trading for this stock 2.81, while it was recorded at 2.75 for the last single week of trading, and 3.24 for the last 200 days.

An analysis of Institutional ownership at AMTD Digital Inc ADR [HKD]

The top three institutional holders of HKD stocks are: MORGAN STANLEY with ownership of 51640.0 shares, which is approximately 0.0266%. SMITH ANGLIN FINANCIAL, LLC, holding 20260.0 shares of the stock with an approximate value of $$73139.0 in HKD stocks shares; and SMITH ANGLIN FINANCIAL, LLC, currently with $$57146.0 in HKD stock with ownership which is approximately 0.0081%.