Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Agora Inc ADR (NASDAQ: API) was $4.04 for the day, up 0.50% from the previous closing price of $4.02. In other words, the price has increased by $0.50 from its previous closing price. On the day, 0.81 million shares were traded. API stock price reached its highest trading level at $4.05 during the session, while it also had its lowest trading level at $3.82.
Ratios:
Our analysis of API’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 377032992 and an Enterprise Value of 1288611072. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.21 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 9.67 whereas that against EBITDA is -28.157.
Stock Price History:
The Beta on a monthly basis for API is 0.54, which has changed by 0.55984557 over the last 52 weeks, in comparison to a change of 0.08089435 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 -25.55%, while the 200-Day Moving Average is calculated to be 8.12%.
Shares Statistics:
API traded an average of 980.77K shares per day over the past three months and 566540 shares per day over the past ten 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 37.97% 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.
