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How to buy AMTD Digital (HKD) shares

Learn how to easily invest in AMTD Digital shares.

Stock in AMTD Digital (NYSE: HKD) have been on a rollercoaster this week, jumping more than 3,000% in just days and a whopping 10,000% since the firm's IPO on the NYSE on July 15.

Since then, the stock has tumbled over 40% in 24 hours from its peak. There's no doubt this is a volatile situation.

AMTD Digital is a fintech and subsidiary of Hong Kong based investment bank AMTD Idea Group, which is also listed on the NYSE. It was founded in 2019 and provides services across Asia.

If you're looking to buy AMTD stock from Australia, you can do so from an online trading platform with access to the US market (see below). Bearing in mind this is an incredibly volatile situation and the risks of buying in a high.

Why is HKD stock soaring?

It's not clear.

Some media commentators are comparing the stock to GameStop (GME), which saw its price surge in early 2021 thanks to hype from Reddit users on trade forum Wallstreetbets. However there's not a lot of proof that redditors or users on other social sites are the cause here, with most posts on r/wallstreetbets appearing only after the stock price surge.

There also aren't any big announcements or news to help explain HKD's price volatility. In a statement by AMTD Digital, it said it had no knowledge of any significant events since its IPO but that it was monitoring the situation.

Well, we're also monitoring the situation and will update this page once we know more. Stay tuned!

How to buy shares in AMTD Digital

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – HKD – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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AMTD Digital shares at a glance

Information last updated 2022-09-27.
Open$64.42
High$70.00
Low$62.20
Close$63.84
Previous close$65.00
Change $-1.16
Change % -1.7846%
Volume 194,644
Information last updated 2022-09-20.
52-week range$12.05 - $2,117.80
50-day moving average $224.33
200-day moving average $224.33
Wall St. target priceN/A
PE ratio 517.8571
Dividend yield $0 (0%)
Earnings per share (TTM) $0.14

AMTD Digital stock price (NYSE:HKD)

Use our graph to track the performance of HKD stocks over time.

AMTD Digital price performance over time

Historical closes compared with the close of $63.84 from 2022-09-26

1 week (2022-09-20) -11.94%
1 month (2022-08-26) -61.31%
3 months (2022-06-23) N/A
6 months (2022-03-23) N/A
1 year (2021-09-23) N/A
2 years (2020-09-23) N/A
3 years (2019-09-23) N/A
5 years (2017-09-23) N/A

Is AMTD Digital under- or over-valued?

Valuing AMTD Digital stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of AMTD Digital's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

AMTD Digital's P/E ratio

AMTD Digital's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 518x. In other words, AMTD Digital shares trade at around 518x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

AMTD Digital's EBITDA

AMTD Digital's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $88.1 million.

The EBITDA is a measure of a AMTD Digital's overall financial performance and is widely used to measure a its profitability.

AMTD Digital financials

Revenue TTM $197 million
Operating margin TTM 41.37%
Gross profit TTM $124.5 million
Return on assets TTM 1.62%
Return on equity TTM 6.72%
Profit margin 108.79%
Book value $18.24
Market capitalisation $13.6 billion

TTM: trailing 12 months

AMTD Digital share dividends

We're not expecting AMTD Digital to pay a dividend over the next 12 months.

AMTD Digital overview

AMTD Digital Inc. designs and develops a digital platform to provide financial, media, content and marketing, and investment solutions. It offers digital banking and insurance technology platforms for consumers and small and medium-sized enterprises; and SpiderNet ecosystem, a platform to enhance their investor communication, investor relations, and corporate communication to enhance their valuation. The company's platform monitors portfolio companies, such as tracking of business and technology development, competitive landscape, latest technological trends, and economic risks, and financial analysis. The company was incorporated in 2019 and is based in Central, Hong Kong. AMTD Digital Inc. operates as a subsidiary of AMTD IDEA Group.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involve substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances and obtain your own advice before making any trades.

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