In the latest trading session, 0.66 million Agora Inc ADR (NASDAQ:API) shares changed hands as the company’s beta touched 0.41. With the company’s most recent per share price at $6.21 changing hands around $0.61 or 10.89% at last look, the market valuation stands at $453.52M. API’s current price is a discount, trading about -6.92% off its 52-week high of $6.64. The share price had its 52-week low at $1.65, which suggests the last value was 73.43% up since then. When we look at Agora Inc ADR’s average trading volume, we note the 10-day average is 1.1 million shares, with the 3-month average coming to 1.62 million.
Analysts gave the Agora Inc ADR (API) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended API as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Agora Inc ADR’s EPS for the current quarter is expected to be 0.
Agora Inc ADR (NASDAQ:API) trade information
Instantly API is in green as seen in intraday trades today. With action 18.74%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 49.28%, with the 5-day performance at 18.74% in the green. However, in the 30-day time frame, Agora Inc ADR (NASDAQ:API) is 42.11% up. Looking at the short shares, we see there were 1.3 million shares sold at short interest cover period of 0.27 days.
The consensus price target for the stock as assigned by Wall Street analysts is 2.63, meaning bulls need a downside of -136.12% from its recent market value. According to analyst projections, API’s forecast low is 2.63 with 2.63 as the target high. To hit the forecast high, the stock’s price needs a 57.65% surge from its current level, while the stock would need to tank 57.65% for it to hit the projected low.
Agora Inc ADR (API) estimates and forecasts
Data shows that the Agora Inc ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 171.18% over the past 6 months, a 54.55% in annual growth rate that is considerably higher than the industry average of 14.10%. Year-over-year growth is forecast to reach -1.21% down from the last financial year.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -15.81%. The 2025 estimates are for Agora Inc ADR earnings to increase by 58.29%.
Agora Inc ADR (NASDAQ:API)’s Major holders
ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC holds the second largest percentage of outstanding shares, with 2.9562% or 2.75 million shares worth $5.83 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were Allspring Emerging Markets Equity Fund and DFA Emerging Markets Core Equity Portfolio. With 1.17 shares estimated at $7.24 million under it, the former controlled 1.63% of total outstanding shares. On the other hand, DFA Emerging Markets Core Equity Portfolio held about 0.13% of the shares, roughly 92.8 shares worth around $0.57 million.
