HKD Stock Surges Amid Strong Financial Performance

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4 days ago

AMTD Digital Inc. (HKD, Financial) experienced a significant stock movement, rising by 5.26%. The stock is currently priced at $4.59 per share with a trading volume of 1.52 million shares and a turnover rate of 0.79%. The stock's amplitude stands at 8.49%.

Recent financial results show an operating revenue of $33.06 million and a net profit of $41.73 million, with earnings per share (EPS) of $0.22. The price-to-earnings (P/E) ratio is 13.93. Presently, there are no institutional recommendations for buying, holding, or selling the stock.

In the software services industry, where HKD belongs, the overall decline was 0.51%. Among related stocks, OneConnect Financial Technology Co., Ltd. and Cerence Inc. saw notable increases, while Cemtrex Inc. and Microalgo, Inc. demonstrated high trading volumes.

AMTD Digital Inc. focuses on offering digital solutions through its AMTD SpiderNet ecosystem. It provides services in financial and non-financial digital solutions, hotel operations, and digital media. The majority of its revenue is generated through its digital insurance platforms, AMTD Risk Solutions and PolicyPal, primarily from Hong Kong, with additional revenue 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.