In the latest trading session,, 0.43 million Agora Inc ADR (NASDAQ:API) shares changed hands as the company’s beta touched 0.67. With the company’s most recent per share price at $2.97 changed hands at -$0.07 or -2.30% at last look, the market valuation stands at $216.90M. API’s current price is a discount, trading about -135.35% off its 52-week high of $6.99. The share price had its 52-week low at $1.65, which suggests the last value was 44.44% up since then. When we look at Agora Inc ADR’s average trading volume, we note the 10-day average is 0.79 million shares, with the 3-month average coming to 1.02 million.
Analysts gave the Agora Inc ADR (API) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.00. 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 (NASDAQ:API) trade information
Instantly API was in red as seen in intraday trades today. With action -26.30%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -28.61%, with the 5-day performance at -26.30% in the red. However, in the 30-day time frame, Agora Inc ADR (NASDAQ:API) is -44.69% down. Looking at the short shares, we see there were 1.68 million shares sold at short interest cover period of 1.42 days.
The consensus price target for the stock as assigned by Wall Street analysts is 7.56, meaning bulls need an upside of 60.71% from its recent 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 -320.88% plunge from its current level, while the stock would need to tank 11.45% for it to hit the projected low.
Agora Inc ADR (API) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 6.95%. The 2025 estimates are for Agora Inc ADR earnings to increase by 111.59%.
Agora Inc ADR (NASDAQ:API)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.23% of Agora Inc ADR shares while 46.76% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 47.83%. There are 46.76% institutions holding the Agora Inc ADR stock share, with SUSQUEHANNA INTERNATIONAL GROUP, LLP the top institutional holder. As of 2024-06-30, the company held 8.8017% of the shares, roughly 8.19 million API shares worth $17.36 million.
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 Jan 31, 2025 were ALLSPRING FUNDS TRUST-Allspring Emerging Markets Equity Fund and American Century ETF Trust-Avantis Emerging Markets Equity ETF . With 1.17 shares estimated at $3.41 million under it, the former controlled 1.58% of total outstanding shares. On the other hand, American Century ETF Trust-Avantis Emerging Markets Equity ETF held about 0.13% of the shares, roughly 95.72 shares worth around $0.28 million.
