Agora Inc ADR (NASDAQ: API) is 90.87% higher on its value in year-to-date trading and has touched a low of $1.65 and a high of $6.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The API stock was last observed hovering at around $5.35 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $5.02, the stock is 60.18% and 77.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.97 million and changing -6.17% at the moment leaves the stock 93.54% off its SMA200. API registered 59.37% gain for a year compared to 6-month gain of 84.56%. The firm has a 50-day simple moving average (SMA 50) of $2.7587 and a 200-day simple moving average (SMA200) of $2.582275.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 53.99% loss in the last 1 month and extending the period to 3 months gives it a 117.32%, and is 83.21% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 24.83% over the week and 11.42% over the month.
Agora Inc ADR (API) has around 1311 employees, a market worth around $366.11M and $138.29M in sales. Profit margin for the company is -31.69%. Distance from 52-week low is 203.60% and -21.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.19%).
with sales reaching $40M over the same period.The EPS is expected to grow by 76.08% this year, but quarterly earnings will post -1.00% year-over-year. Quarterly sales are estimated to grow 14.20% in year-over-year returns.
Agora Inc ADR (API) Top Institutional Holders
The shares outstanding are 73.16M, and float is at 70.93M with Short Float at 2.09%.
The top institutional shareholder in the company is SUSQUEHANNA INTERNATIONAL GROUP, LLP with over 8.19 million shares valued at $17.36 million. The investor’s holdings represent 8.8017% of the API Shares outstanding. As of 2024-06-30, the second largest holder is ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC with 2.75 million shares valued at $5.83 million to account for 2.9562 of the shares outstanding. The other top investors are NEUMANN ADVISORY HONG KONG LTD which holds 2.17 million shares representing 2.335% and valued at over $4.61 million, while HARBER ASSET MANAGEMENT LLC holds 2.1682 of the shares totaling 2.02 million with a market value of $4.28 million.
Agora Inc ADR (API) Insider Activity
#####
Still, SEC filings show that on Aug 10 ’24, Hale Roger (Officer) Proposed Sale 16,666 shares at an average price of $2.50 for $41665.0. The insider now directly holds shares of Agora Inc ADR (API).
