In the last trading session, 1.81 million Agora Inc ADR (NASDAQ:API) shares changed hands as the company’s beta touched 0.41. With the company’s per share price at $6.16 changed hands at $0.49 or 8.64% during last session, the market valuation stood at $449.86M. API’s last price was a discount, traded about -11.85% off its 52-week high of $6.89. The share price had its 52-week low at $1.65, which suggests the last value was 73.21% up since then.
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 was in green as seen at the end of in last trading. With action -4.64%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 48.08%, with the 5-day performance at -4.64% in the red. However, in the 30-day time frame, Agora Inc ADR (NASDAQ:API) is 31.06% up.
The consensus price target for the stock as assigned by Wall Street analysts is 7.56, meaning bulls need an upside of 18.52% from its current market value. According to analyst projections, API’s forecast low is 2.63 with 12.5 as the target high. To hit the forecast high, the stock’s price needs a -102.92% plunge from its current level, while the stock would need to tank 57.31% for it to hit the projected low.
Agora Inc ADR (API) estimates and forecasts
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 Dec 31, 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 1.58% of total outstanding shares. On the other hand, DFA Emerging Markets Core Equity Portfolio held about 0.12% of the shares, roughly 92.8 shares worth around $0.57 million.
