Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $3.14 in the prior trading day, Agora Inc ADR (NASDAQ: API) closed at $2.92, down -7.01%. In other words, the price has decreased by -$7.01 from its previous closing price. On the day, 1.43 million shares were traded. API stock price reached its highest trading level at $3.205 during the session, while it also had its lowest trading level at $2.86.
Ratios:
Our goal is to gain a better understanding of API by taking a closer look at its different ratios. 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:
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 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 272508992 and an Enterprise Value of 870515008. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at 6.533 whereas that against EBITDA is -19.021.
Stock Price History:
The Beta on a monthly basis for API is 0.62, which has changed by 0.23206747 over the last 52 weeks, in comparison to a change of 0.059571505 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 -43.09%, while the 200-Day Moving Average is calculated to be -22.67%.
Shares Statistics:
The stock has traded on average 1.03M shares per day over the past 3-months and 1085910 shares per day over the last 10 days, according to various share statistics. 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 1743379200 were 1046144 with a Short Ratio of 1.02, compared to 1740700800 on 1591576. Therefore, it implies a Short% of Shares Outstanding of 1046144 and a Short% of Float of 1.97.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
