Hong Kong Pharma Digital Technology Holdings Ltd (NASDAQ:HKPD) shares, rose in value, with the stock price up by 1.87% to the previous day’s close as strong demand from buyers drove the stock to $1.11.
Actively observing the price movement in the recent trading, the stock is buoying the session at $1.09. The PE ratio was 5.21 over 12-month period. Referring to stock’s 52-week performance, its high was $3.79, and the low was $0.81. On the whole, HKPD has fluctuated by 2.81% over the past month.
With the market capitalization of Hong Kong Pharma Digital Technology Holdings Ltd currently standing at about $12.21 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
The stock’s technical analysis shows that the price of HKPD currently trading nearly 7.45% and 1.91% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.81, while the 7-day volatility ratio is showing 9.76% which for the 30-day chart, stands at 10.64%. Furthermore, Hong Kong Pharma Digital Technology Holdings Ltd (HKPD)’s average true range (ATR) is 0.16.
Data on historical trading for Hong Kong Pharma Digital Technology Holdings Ltd (NASDAQ:HKPD) indicates that the trading volumes over the past 3 months, they’ve averaged 1.00 million. According to company’s latest data on outstanding shares, there are 11.00 million shares outstanding.
Nearly 68.00% of Hong Kong Pharma Digital Technology Holdings Ltd’s shares belong to company insiders and institutional investors own 0.50% of the company’s shares. The stock has fallen by -60.62% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HKPD stock heading into the next quarter.
