AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD) Posts Earnings Results

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares (NYSE:AMTD – Get Free Report) posted its quarterly earnings results on Friday. The company reported $0.13 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $33.57 million during the quarter.

AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares Price Performance

Shares of NYSE:AMTD traded down $3.80 on Friday, reaching $25.80. 59,937 shares of the company traded hands, compared to its average volume of 82,749. AMTD IDEA Group American Depositary Shares, each representing six has a fifty-two week low of $21.01 and a fifty-two week high of $99.00. The company’s 50 day moving average is $40.75 and its 200-day moving average is $51.34.

Analyst Ratings Changes

Separately, Weiss Ratings cut AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares from a “sell (d)” rating to a “sell (d-)” rating in a research note on Friday, September 18th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

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About AMTD IDEA Group American Depositary Shares, each representing six (6) Class A Ordinary Shares

(Get Free Report)

AMTD IDEA Group is a financial services company focused on serving corporations, institutional investors and other clients across Asia. Its activities include investment banking, securities brokerage, asset management, corporate finance and strategic investment services.

The company provides assistance with capital markets transactions, mergers and acquisitions, equity and debt financing, securities trading and investment management. It also makes strategic investments in businesses and financial assets, with an emphasis on opportunities connected to Asia’s financial and business markets.

AMTD IDEA Group was formerly known as AMTD International Inc and is associated with AMTD Group.

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