Agora Inc ADR (NASDAQ:API) has a beta value of 0.72 and has seen 0.6 million shares traded in the recent trading session. The company, currently valued at $200.09M, closed the recent trade at $2.69 per share which meant it gained $0.07 on the day or 2.80% during that session. The API stock price is -159.85% off its 52-week high price of $6.99 and 38.66% above the 52-week low of $1.65. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.13 million shares traded. The 3-month trading volume is 1.05 million shares.
The consensus among analysts is that Agora Inc ADR (API) is Hold stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 3 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
Agora Inc ADR (NASDAQ:API) trade information
Sporting 2.80% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the API stock price touched $2.69 or saw a rise of 10.93%. Year-to-date, Agora Inc ADR shares have moved -35.25%, while the 5-day performance has seen it change -9.62%. Over the past 30 days, the shares of Agora Inc ADR (NASDAQ:API) have changed -41.95%. Short interest in the company has seen 1.05 million shares shorted with days to cover at 1.58.
Wall Street analysts have a consensus price target for the stock at $7.56, which means that the shares’ value could jump 64.42% from the levels at last check today.. The projected low price target is $2.63 while the price target rests at a high of $12.5. In that case, then, we find that the latest price level in today’s session is -364.68% off the targeted high while a plunge would see the stock lose 2.23% from the levels at last check today..
Agora Inc ADR (API) estimates and forecasts
The company’s shares have lost -0.61% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 5.00%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 6.95% over the past 5 years.
API Dividends
Agora Inc ADR is expected to release its next earnings report on 2024-Aug-18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Agora Inc ADR (NASDAQ:API)’s Major holders
Insiders own 2.16% of the company shares, while shares held by institutions stand at 55.89% with a share float percentage of 57.13%. Investors are also buoyed by the number of investors in a company, with Agora Inc ADR having a total of 87.0 institutions that hold shares in the company. The top two institutional holders are SUSQUEHANNA INTERNATIONAL GROUP, LLP with over 8.19 million shares worth more than $17.36 million. As of 2024-06-30, SUSQUEHANNA INTERNATIONAL GROUP, LLP held 8.8017% of shares outstanding.
The other major institutional holder is ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC, with the holding of over 2.75 million shares as of 2024-06-30. The firm’s total holdings are worth over $5.83 million and represent 2.9562% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are ALLSPRING FUNDS TRUST-Allspring Emerging Markets Equity Fund and Direxion Shares ETF Trust-Direxion Work From Home ETF . As of Feb 28, 2025 , the former fund manager holds about 1.46% shares in the company for having 1.08 shares of worth $2.89 million while later fund manager owns 93.64 shares of worth $0.25 million as of Mar 31, 2025 , which makes it owner of about 0.13% of company’s outstanding stock.
