AMTD Digital (HKD) Stock Drops 5.03% Amid Software Service Sector Decline

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Dec 13, 2024

AMTD Digital Inc. (HKD, Financial) experienced a significant stock price drop of 5.03%, trading at $2.78 per share. The trading volume reached 121,094 shares, with a turnover rate of 0.06% and a price fluctuation of 4.50%. Recent financial reports show the company achieved a revenue of $33.06 million and a net profit of $41.73 million, with an earnings per share of $0.22 and a P/E ratio of 8.50.

Currently, there are no institutional ratings for buy, hold, or sell recommendations for HKD. The software service industry, where AMTD Digital operates, saw an overall decline of 0.87%.

AMTD Digital offers digital solutions through its AMTD SpiderNet ecosystem, focusing on financial and non-financial services, including digital insurance and media services. The company generates most of its revenue from Hong Kong, with additional income from Canada and Singapore.

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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.