Hong Kong Pharma Digital Technology Holdings Ltd (NASDAQ:HKPD) price closed higher on current market day and jumping 26.48% above its previous close.
A look at the daily price movement shows that the last close reads $1.02. The company’s P/E ratio in the trailing 12-month period read 6.06. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.79 and 52-week low of $0.81. The stock added 42.27% on its value in the past month.
Hong Kong Pharma Digital Technology Holdings Ltd, which has a market valuation of $14.19 million, is expected to release its quarterly earnings report in June.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
The overview shows that HKPD’s price is at present 28.90% off the SMA20 and 16.33% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 60.87, with weekly volatility standing at 13.40%. The indicator jumps to 13.22% when calculated based on the past 30 days. Hong Kong Pharma Digital Technology Holdings Ltd (NASDAQ:HKPD)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.17.
An analysis of the Hong Kong Pharma Digital Technology Holdings Ltd (NASDAQ:HKPD) stock in terms of its daily trading volume indicates that the 3-month average is 160.46K.
Current records show that the company has 11.00M in outstanding shares. The insiders’ percentage holdings are 68.00% of outstanding shares while the percentage share held by institutions stands at 0.10%. But the -54.26% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
