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In a turbulent market environment, AMTD Digital Inc. (HKD) stock has touched a new 52-week low, dipping to $2.52, representing a stark 55% decline from its 52-week high of $5.80. According to InvestingPro analysis, the company currently maintains a market capitalization of $528 million. The significant drop reflects a broader trend of investor caution, as the tech-centric company grapples with the challenges posed by economic headwinds. Over the past year, AMTD Digital has seen its shares plummet, with a stark 1-year change showing a decline of -31.32%. This downturn highlights the volatility that the firm has faced, as it struggles to navigate through a period marked by shifting investor sentiment and industry-wide pressures. InvestingPro data reveals the company’s P/E ratio stands at 10.4, while its overall Financial Health Score is rated as FAIR. Get access to additional valuable insights and 3 more exclusive ProTips by subscribing to InvestingPro.
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