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In a turbulent market environment, AMTD Digital Inc. (HKD) stock has touched a new 52-week low, falling to $1.71. According to InvestingPro data, the stock's RSI indicates oversold territory, while the company's current ratio of 0.52 suggests potential liquidity concerns. This latest price point underscores a period of significant volatility for the company, which has seen its stock price fluctuate dramatically over the past year. The 1-year change data for AMTD Digital ADR reflects a substantial decline of 43.4%, while revenue has dropped by 59% in the last twelve months. InvestingPro analysis reveals 10+ additional insights about HKD's financial health and market position. This downturn in AMTD Digital's stock performance comes amidst broader market pressures and investor sentiment, as the company navigates through the evolving economic landscape. Despite trading at a P/E ratio of 9.71, InvestingPro Fair Value analysis suggests the stock is currently slightly overvalued at these levels.
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