During the recent session, Agora Inc ADR (NASDAQ:API)’s traded shares were 0.37 million, with the beta value of the company hitting 0.40. At the last check today, the stock’s price was $4.99, reflecting an intraday gain of 9.67% or $0.44. The 52-week high for the API share is $6.64, that puts it down -33.07 from that peak though still a striking 66.93% gain since the share price plummeted to a 52-week low of $1.65. The company’s market capitalization is $364.42M, and the average intraday trading volume over the past 10 days was 0.75 million shares, and the average trade volume was 1.53 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 2.00. 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. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Agora Inc ADR (NASDAQ:API) trade information
Agora Inc ADR (API) registered a 9.67% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 9.67% in intraday trading to $4.99, hitting a weekly high. The stock’s 5-day price performance is 6.85%, and it has moved by 9.67% in 30 days. Based on these gigs, the overall price performance for the year is 88.30%. 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 -89.73% 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 47.29% off the target high and 47.29% 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 100.40% during the last six months, with a year-to-date growth rate more than the industry average at 54.55% against 15.20. In the rating firms’ projections, revenue will decrease -1.21% compared to the previous financial year.
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 58.29% 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.
Agora Inc ADR (NASDAQ:API)’s Major holders
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.
Also, the Mutual Funds coming in first place with the largest holdings of Agora Inc ADR (API) shares are Allspring Emerging Markets Equity Fund and DFA Emerging Markets Core Equity Portfolio. Data provided on Nov 30, 2024 indicates that Allspring Emerging Markets Equity Fund owns about 1.17 shares. This amounts to just over 1.63 percent of the company’s overall shares, with a $5.98 million market value. The same data shows that the other fund manager holds slightly less at 92.8, or about 0.13% of the stock, which is worth about $0.47 million.
