Agora Inc ADR (NASDAQ:API) currently has a daily average trading volume of 2.35M but it saw 7558335 shares traded in last market. With a market cap of 463.74M USD, the company’s current market price of $6.35 came rising about 33.97 while comparing to the previous closing price of $4.74. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.43 and as low as $1.65. In the recent trading on the day, stock has struck highest price mark of $4.82 while lowest mark touched by it was $6.49.
Taking a look at 20-day trading activity of Agora Inc ADR (API) gives us an average price of $4.16, while its current price level is -1.24% below from 52-week high level whereas it is 284.03% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.44 while that of 200 days or SMA-200 reads an average of $2.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.22% during that period while stretching the period over a month that decreases to 15.20%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 75.53 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which downgraded the stock as “Neutral” in its note to investors issued on August 20, 2024, recommending a price target of between $4 and $2.63 for it. Morgan Stanley downgraded its recommendation for the stock as a “Equal-Weight” from “Overweight” on September 28, 2023 while assigning a price target range of $4.60-$3.20. Nomura issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $11 and $10.
Over the week, API’s stock price is moving 44.98% up while it is 115.99% when we observe its performance for the past one month. Year-to-date it is 141.44% up and over the past year, the stock is showing an upside performance of 136.06%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.23 beaten by the consensus estimate of -0.07 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Agora Inc ADR’s total number of outstanding shares is 73.16M with 2.23% of that held by the insiders while 33.78% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -7.43% and return on equity (ROE) at -7.68%. Stock’s beta reads 0.26. Stock has a price to book (P/B) ratio of 0.80 while price to sale or P/S ratio amounts to 3.44. Its return on asset (ROA) is -6.70% on average.
