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.
The price of Agora Inc ADR (NASDAQ: API) closed at $3.41 in the last session, down -9.79% from day before closing price of $3.78. In other words, the price has decreased by -$9.79 from its previous closing price. On the day, 1.51 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 $3.3301.
Ratios:
We take a closer look at API’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.15 and its Current Ratio is at 5.62. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 27 ’25 when Morningside China TMT Top Up F bought 736,660 shares for $5.80 per share.
Morningside China TMT Fund II, bought 63,340 shares of API for $367,000 on Feb 27 ’25. On Nov 29 ’24, another insider, Morningside China TMT Top Up F, who serves as the Director of the company, bought 5,096,103 shares for $5.49 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 318238272 and an Enterprise Value of 1053432000. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 7.905 whereas that against EBITDA is -23.018.
Stock Price History:
The Beta on a monthly basis for API is 0.54, which has changed by 0.36399996 over the last 52 weeks, in comparison to a change of -0.024663687 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 -36.47%, while the 200-Day Moving Average is calculated to be -9.23%.
Shares Statistics:
According to the various share statistics, API traded on average about 984.90K shares per day over the past 3-months and 621900 shares per day over the past 10 days. A total of 73.03M shares are outstanding, with a floating share count of 69.28M. Insiders hold about 5.13% of the company’s shares, while institutions hold 37.89% stake in the company. Shares short for API as of 1741910400 were 1680225 with a Short Ratio of 1.71, compared to 1739491200 on 2160474. Therefore, it implies a Short% of Shares Outstanding of 1680225 and a Short% of Float of 3.1600002000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
