During the last session, Agora Inc ADR (NASDAQ:API)’s traded shares were 0.43 million, with the beta value of the company hitting 0.47. At the end of the trading day, the stock’s price was $4.34, reflecting an intraday loss of -4.41% or -$0.2. The 52-week high for the API share is $6.99, that puts it down -61.06 from that peak though still a striking 61.98% gain since the share price plummeted to a 52-week low of $1.65. The company’s market capitalization is $316.95M, and the average intraday trading volume over the past 10 days was 0.53 million shares, and the average trade volume was 978.66K 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 -4.41% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.41% in intraday trading to $4.34, hitting a weekly high. The stock’s 5-day price performance is -6.47%, and it has moved by -29.89% in 30 days. Based on these gigs, the overall price performance for the year is 72.22%. The short interest in Agora Inc ADR (NASDAQ:API) is 1.68 million shares and it means that shorts have 1.42 day(s) to cover.
The consensus price target of analysts on Wall Street is $7.56, which implies an increase of 42.59% 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 -188.02% off the target high and 39.4% 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 on 2024-Aug-18. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Agora Inc ADR (NASDAQ:API)’s Major holders
Agora Inc ADR insiders own 2.23% of total outstanding shares while institutional holders control 46.70%, with the float percentage being 47.77%. SUSQUEHANNA INTERNATIONAL GROUP, LLP is the largest shareholder of the company, while 85.0 institutions own stock in it. As of 2024-06-30, the company held over 8.19 million shares (or 8.8017% of all shares), a total value of $17.36 million in shares.
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 FUNDS TRUST-Allspring Emerging Markets Equity Fund and American Century ETF Trust-Avantis Emerging Markets Equity ETF . Data provided on Jan 31, 2025 indicates that ALLSPRING FUNDS TRUST-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 $5.1 million market value. The same data shows that the other fund manager holds slightly less at 95.72, or about 0.13% of the stock, which is worth about $0.42 million.
