Why Agora Inc ADR (NASDAQ: API) Is A Stock Not To Be Discarded In 2025

In today’s recent session, 0.98 million shares of the Agora Inc ADR (NASDAQ:API) have been traded, and its beta is 0.40. Most recently the company’s share price was $6.60, and it changed around $0.44 or 7.14% from the last close, which brings the market valuation of the company to $482.00M. API at last check was trading at a discount to its 52-week high of $6.64, offering almost -0.61% off that amount. The share price’s 52-week low was $1.65, which indicates that the recent value has risen by an impressive 75.0% since then. We note from Agora Inc ADR’s average daily trading volume that its 10-day average is 1.29 million shares, with the 3-month average coming to 1.59 million.

Agora Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended API as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Agora Inc ADR is expected to report earnings per share of 0 for the current quarter.

Agora Inc ADR (NASDAQ:API) trade information

Instantly API has been showing a green trend so far today with a performance of 7.14% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 6.48 on recent trading daydecreased the stock’s daily price by -1.85%. The company’s shares are currently up 58.65% year-to-date, but still up 17.86% over the last five days. On the other hand, Agora Inc ADR (NASDAQ:API) is 79.35% up in the 30-day period. We can see from the shorts that 1.3 million shares have been sold at a short interest cover period of 0.27 day(s).

The consensus price target as assigned by Wall Street analysts is $2.63, which translates to bulls needing to decrease their stock price by -150.95% from its current value. Analyst projections state that API is forecast to be at a low of $2.63 and a high of $2.63.

Agora Inc ADR (NASDAQ:API)’s Major holders

ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC, with 2.9562% or 2.75 million shares worth $5.83 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Allspring Emerging Markets Equity Fund and DFA Emerging Markets Core Equity Portfolio were the top two Mutual Funds as of Nov 30, 2024. The former held 1.17 shares worth $7.87 million, making up 1.63% of all outstanding shares. On the other hand, DFA Emerging Markets Core Equity Portfolio held roughly 92.8 shares worth around $0.62 million, which represents about 0.13% of the total shares outstanding.