The $5.37 Is The Price At Which Agora Inc ADR (NASDAQ: API) Deserves Consideration

During the last session, Agora Inc ADR (NASDAQ:API)’s traded shares were 0.48 million, with the beta value of the company hitting 0.42. At the end of the trading day, the stock’s price was $5.37, reflecting an intraday gain of 2.68% or $0.14. The 52-week high for the API share is $6.99, that puts it down -30.17 from that peak though still a striking 69.27% gain since the share price plummeted to a 52-week low of $1.65. The company’s market capitalization is $392.17M, and the average trade volume was 1.20 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 1.00. 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 2.68% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.68% in intraday trading to $5.37, hitting a weekly high. The stock’s 5-day price performance is -5.12%, and it has moved by -7.25% in 30 days. Based on these gigs, the overall price performance for the year is 100.37%.

The consensus price target of analysts on Wall Street is $7.56, which implies an increase of 28.97% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.63 and $12.5 respectively. As a result, API is trading at a discount of -132.77% off the target high and 51.02% off the low.

Agora Inc ADR (API) estimates and forecasts

In the rating firms’ projections, revenue will increase 5.00% compared to the previous financial year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 6.95%. While earnings are projected to return 111.59% in 2025.

API Dividends

Agora Inc ADR is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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 Dec 31, 2024 indicates that Allspring Emerging Markets Equity Fund owns about 1.17 shares. This amounts to just over 1.58 percent of the company’s overall shares, with a $6.31 million market value. The same data shows that the other fund manager holds slightly less at 92.8, or about 0.12% of the stock, which is worth about $0.5 million.