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In a turbulent market environment, AMTD Digital Inc. (HKD) stock has touched a new 52-week low, sinking to $2.21. According to InvestingPro data, the company’s market capitalization stands at $438 million, with the stock trading at a high EBITDA multiple. The significant drop reflects a broader trend of investor caution, with the stock down nearly 39% over the past year. Despite maintaining profitability with a 75% gross margin and a P/E ratio of 10.26, this downturn has been influenced by a complex mix of market dynamics, including shifting investor sentiment and industry-specific headwinds. As stakeholders and analysts scrutinize the company’s performance and potential recovery strategies, AMTD Digital’s journey ahead is closely monitored in the financial community. InvestingPro subscribers can access 8 additional key insights and detailed financial metrics to better evaluate the company’s prospects.
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