Agora Inc ADR (NASDAQ:API) has a beta value of 0.01 and has seen 1.15 million shares traded in the last trading session. The company, currently valued at $237.75M, closed the last trade at $3.26 per share which meant it gained $0.03 on the day or 0.93% during that session. The API stock price is -97.24% off its 52-week high price of $6.43 and 49.39% above the 52-week low of $1.65. If we look at the company’s 10-day average daily trading volume, we find that it stood at 10.45 million shares traded. The 3-month trading volume is 1.72 million shares.
The consensus among analysts is that Agora Inc ADR (API) is Hold stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 3 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.04.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Agora Inc ADR (NASDAQ:API) trade information
Sporting 0.93% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the API stock price touched $3.26 or saw a rise of 31.8%. Year-to-date, Agora Inc ADR shares have moved 23.95%, while the 5-day performance has seen it change -30.79%. Over the past 30 days, the shares of Agora Inc ADR (NASDAQ:API) have changed 63.82%. Short interest in the company has seen 1.36 million shares shorted with days to cover at 6.48.
Wall Street analysts have a consensus price target for the stock at $7.56, which means that the shares’ value could jump 56.88% from current levels. The projected low price target is $2.63 while the price target rests at a high of $12.5. In that case, then, we find that the current price level is -283.44% off the targeted high while a plunge would see the stock lose 19.33% from current levels.
Agora Inc ADR (API) estimates and forecasts
Figures show that Agora Inc ADR shares have outperformed across the wider relevant industry. The company’s shares have gained 33.61% over the past 6 months, with this year growth rate of 76.14%, compared to 18.40% for the industry. Revenue growth from the last financial year stood is estimated to be -1.00%.
1 analysts offering their estimates for the company have set an average revenue estimate of 40M for the current quarter. 1 have an estimated revenue figure of 37M for the next ending quarter. Year-ago sales stood 35.02M and 36.04M respectively for this quarter and the next, and analysts expect sales will grow by 14.20% for the current quarter and -1.00% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -15.81% over the past 5 years.
API Dividends
Agora Inc ADR is expected to release its next earnings report on 2024-Nov-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Agora Inc ADR (NASDAQ:API)’s Major holders
The top two institutional holders are SUSQUEHANNA INTERNATIONAL GROUP, LLP with over 8.19 million shares worth more than $17.36 million. As of 2024-06-30, SUSQUEHANNA INTERNATIONAL GROUP, LLP held 8.8017% of shares outstanding.
The other major institutional holder is ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC, with the holding of over 2.75 million shares as of 2024-06-30. The firm’s total holdings are worth over $5.83 million and represent 2.9562% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Allspring Emerging Markets Equity Fund and DFA Emerging Markets Core Equity Portfolio . As of Aug 31, 2024 , the former fund manager holds about 1.70% shares in the company for having 1.22 shares of worth $3.99 million while later fund manager owns 92.8 shares of worth $0.3 million as of Jul 31, 2024 , which makes it owner of about 0.13% of company’s outstanding stock.
