AMTD Digital (HKD) Stock Experiences Significant Decline

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Jan 10, 2025

AMTD Digital Inc. (HKD, Financial) saw a sharp decline in its stock price, dropping 5.04%. The price per share is now $2.62, with a trading volume of 249,863 shares and a turnover rate of 0.13%. The stock's amplitude reached 3.26%.

Recent financial reports reveal that AMTD Digital achieved a revenue of $33.06 million and a net profit of $41.73 million, resulting in earnings per share of $0.22. The price-to-earnings ratio stands at 8.17. Currently, no institutional ratings are available for buy, hold, or sell recommendations for this stock.

Within the software services industry, where AMTD Digital operates, the overall decline was 1.03%. Among its peers, Datchat, Inc. and Intrusion Inc. recorded significant gains. Datchat, Inc. also showed high activity levels with a turnover rate of 4906.63%, while Intrusion Inc. had a rate of 123.63%. Stocks with notable amplitude include Datchat, Inc. and Helport Ai Ltd.

AMTD Digital focuses on providing digital solutions services through its AMTD SpiderNet ecosystem, integrating various digital businesses. It operates in several segments, including financial services, hospitality, and digital media. The company's primary revenue source is its digital insurance platforms, AMTD Risk Solutions and PolicyPal. Geographically, the majority of its revenue comes from Hong Kong, with additional income from Canada and Singapore.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.