Agora, Inc. (NASDAQ:API) has a beta value of 0 and has seen 605,284 shares traded in the last trading session. The company, currently valued at $4.17 Billion, closed the last trade at $42 per share which meant it lost -$1.5 on the day or -3.45% during that session. The API stock price is -62.98% off its 52-week high price of $68.45 and 14.88% above the 52-week low of $35.75. If we look at the company’s 10-day average daily trading volume, we find that it stood at 789.94 Million shares traded. The 3-month trading volume is 713.22 Million shares.
The consensus among analysts is that Agora, Inc. (API) is an Overweight stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 1 out of 6 have rated it as a Hold, with 4 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.01.
Agora, Inc. (NASDAQ:API) trade information
Wall Street analysts have a consensus price target for the stock at $60.53, which means that the shares’ value could jump 44.12% from current levels. The projected low price target is $42 while the price target rests at a high of $90.2. In that case, then, we find that the current price level is +114.76% off the targeted high while a plunge would see the stock lose 0% from current levels.
Agora, Inc. (API) estimates and forecasts
Earnings growth for 2020 is a modest -56.1%.
Agora, Inc. (NASDAQ:API)’s Major holders
The other major institutional holder is Capital World Investors, with the holding of over 1.48 Million shares as of June 29, 2020. The firm’s total holdings are worth over $65.37 Million and represent 8.46% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Smallcap World Fund and Blackrock Funds-Technology Oppportunities Port. As of June 29, 2020, the former fund manager holds about 8.46% shares in the company for having 1480000 shares of worth $65.37 Million while later fund manager owns 530.91 Thousand shares of worth $23.45 Million as of June 29, 2020, which makes it owner of about 3.03% of company’s outstanding stock.