Market Watch Highlights: Agora Inc ADR (API) Ends on an Upturn Note at 3.40

Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.

As of close of business last night, Agora Inc ADR’s stock clocked out at $3.40, up 3.66% from its previous closing price of $3.28. In other words, the price has increased by $3.66 from its previous closing price. On the day, 0.54 million shares were traded. API stock price reached its highest trading level at $3.5 during the session, while it also had its lowest trading level at $3.33.

Ratios:

To gain a deeper understanding of API’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.62 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:

Investing in insider trades can also provide an investor with insight into how management views future 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 317936416 and an Enterprise Value of 1052225088. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.90 while its Price-to-Book (P/B) ratio in mrq is 0.44. Its current Enterprise Value per Revenue stands at 7.896 whereas that against EBITDA is -22.991.

Stock Price History:

The Beta on a monthly basis for API is 0.56, which has changed by 0.31274128 over the last 52 weeks, in comparison to a change of 0.092895746 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 -21.79%, while the 200-Day Moving Average is calculated to be -11.01%.

Shares Statistics:

It appears that API traded 1.03M shares on average per day over the past three months and 942570 shares per day over the past ten days. A total of 74.29M shares are outstanding, with a floating share count of 70.81M. Insiders hold about 4.68% of the company’s shares, while institutions hold 37.74% stake in the company. Shares short for API as of 1744675200 were 923260 with a Short Ratio of 0.90, compared to 1741910400 on 1680225. Therefore, it implies a Short% of Shares Outstanding of 923260 and a Short% of Float of 1.3099999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for API’s current fiscal year. The highest revenue estimate was $139.91M, while the lowest revenue estimate was $139.91M, resulting in an average revenue estimate of $139.91M. In the same quarter a year ago, actual revenue was $133.26MBased on 2 analysts’ estimates, the company’s revenue will be $156.49M in the next fiscal year. The high estimate is $158.53M and the low estimate is $154.45M.

Most Popular