In the last trading session, 1.33 million shares of the Agora Inc ADR (NASDAQ:API) were traded, and its beta was 0.40. Most recently the company’s share price was $5.06, and it changed around -$0.6 or -10.60% from the last close, which brings the market valuation of the company to $369.53M. API currently trades at a discount to its 52-week high of $6.99, offering almost -38.14% off that amount. The share price’s 52-week low was $1.65, which indicates that the current value has risen by an impressive 67.39% since then.
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 showed a red trend with a performance of -10.60% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 6.99 on recent trading dayincreased the stock’s daily price by 27.61%. The company’s shares are currently up 21.63% year-to-date, but still down -9.64% over the last five days. On the other hand, Agora Inc ADR (NASDAQ:API) is -16.36% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $7.56, which translates to bulls needing to increase their stock price by 33.07% from its current value. Analyst projections state that API is forecast to be at a low of $2.63 and a high of $12.5.
Agora Inc ADR (API) estimates and forecasts
The year-over-year growth rate is expected to be 5.00%, up from the previous year.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 6.95%.
API Dividends
Agora Inc ADR’s next quarterly earnings report is expected to be released in April.
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 Dec 31, 2024 . The former held 1.17 shares worth $5.94 million, making up 1.58% of all outstanding shares. On the other hand, DFA Emerging Markets Core Equity Portfolio held roughly 92.8 shares worth around $0.47 million, which represents about 0.12% of the total shares outstanding.
