During the last session, Agora Inc ADR (NASDAQ:API)’s traded shares were 0.47 million, with the beta value of the company hitting 0.36. At the end of the trading day, the stock’s price was $4.43, reflecting an intraday gain of 1.37% or $0.06. The 52-week high for the API share is $6.64, that puts it down -49.89 from that peak though still a striking 62.75% gain since the share price plummeted to a 52-week low of $1.65. The company’s market capitalization is $323.52M, and the average intraday trading volume over the past 10 days was 0.9 million shares, and the average trade volume was 1.81 million shares over the past three months.
Agora Inc ADR (API) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.00. API has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
Agora Inc ADR (NASDAQ:API) trade information
Agora Inc ADR (API) registered a 1.37% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.37% in intraday trading to $4.43, hitting a weekly high. The stock’s 5-day price performance is -2.64%, and it has moved by -19.89% in 30 days. Based on these gigs, the overall price performance for the year is 76.49%. The short interest in Agora Inc ADR (NASDAQ:API) is 1.3 million shares and it means that shorts have 0.27 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.63, which implies a decrease of -68.44% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.63 and $2.63 respectively. As a result, API is trading at a premium of 40.63% off the target high and 40.63% off the low.
Agora Inc ADR (API) estimates and forecasts
Statistics show that Agora Inc ADR has outperformed its competitors in share price, compared to the industry in which it operates. Agora Inc ADR (API) shares have gone up 90.95% during the last six months, with a year-to-date growth rate more than the industry average at 76.14% against 16.60.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -15.81%. While earnings are projected to return 68.80% in 2025.
API Dividends
Agora Inc ADR is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 2.75 million shares, is of ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC’s that is approximately 2.9562% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $5.83 million.
