Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Agora Inc ADR (NASDAQ: API) closed the day trading at $3.64 up 3.12% from the previous closing price of $3.53. In other words, the price has increased by $3.12 from its previous closing price. On the day, 0.5 million shares were traded. API stock price reached its highest trading level at $3.69 during the session, while it also had its lowest trading level at $3.54.
Ratios:
For a better understanding of API, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.55 and its Current Ratio is at 3.55. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.
On August 20, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $4 to $2.63. Morgan Stanley Downgraded its Overweight to Equal-Weight on September 28, 2023, whereas the target price for the stock was revised from $4.60 to $3.20.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 30 ’25 when Morningside China TMT Top Up F bought 920,824 shares for $3.69 per share.
Morningside China TMT Fund II, bought 79,176 shares of API for $290,000 on May 30 ’25. On Feb 27 ’25, another insider, Morningside China TMT Top Up F, who serves as the Director of the company, bought 736,660 shares for $5.80 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, API now has a Market Capitalization of 320259200 and an Enterprise Value of 1244686976. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 9.32 whereas that against EBITDA is -41.729.
Stock Price History:
The Beta on a monthly basis for API is 0.58, which has changed by 0.75 over the last 52 weeks, in comparison to a change of 0.14460516 over the same period for the S&P500. Over the past 52 weeks, API has reached a high of $6.99, while it has fallen to a 52-week low of $1.65. The 50-Day Moving Average of the stock is -4.44%, while the 200-Day Moving Average is calculated to be -15.46%.
Shares Statistics:
Over the past 3-months, API traded about 443.39K shares per day on average, while over the past 10 days, API traded about 638190 shares per day. A total of 74.47M shares are outstanding, with a floating share count of 71.95M. Insiders hold about 3.37% of the company’s shares, while institutions hold 36.92% stake in the company. Shares short for API as of 1753920000 were 982444 with a Short Ratio of 2.22, compared to 1751241600 on 831164. Therefore, it implies a Short% of Shares Outstanding of 982444 and a Short% of Float of 1.39.
Earnings Estimates
Analysts are recommending an EPS of between $0.06 and $0.06 for the fiscal current year, implying an average EPS of $0.06. EPS for the following year is $0.11, with 1.0 analysts recommending between $0.11 and $0.11.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for API’s current fiscal year. The highest revenue estimate was $140.73M, while the lowest revenue estimate was $140.73M, resulting in an average revenue estimate of $140.73M. In the same quarter a year ago, actual revenue was $133.26MBased on 1 analysts’ estimates, the company’s revenue will be $156.21M in the next fiscal year. The high estimate is $156.21M and the low estimate is $156.21M.
