Agora Inc ADR (API) concluded trading on Wednesday at a closing price of $4.94, with 81.39 million shares of worth about $402.05 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 90.73% during that period and on October 02, 2024 the price saw a gain of about 79.64%. Currently the company’s common shares owned by public are about 73.16M shares, out of which, 70.67M shares are available for trading.
Stock saw a price change of 128.70% in past 5 days and over the past one month there was a price change of 168.48%. Year-to-date (YTD), API shares are showing a performance of 87.83% which increased to 98.39% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.65 but also hit the highest price of $3.35 during that period. The average intraday trading volume for Agora Inc ADR shares is 161.00K. The stock is currently trading 137.70% above its 20-day simple moving average (SMA20), while that difference is up 126.70% for SMA50 and it goes to 98.80% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Agora Inc ADR (NASDAQ: API) currently have 73.16M outstanding shares and institutions hold larger chunk of about 38.20% of that.
The stock has a current market capitalization of $360.27M and its 3Y-monthly beta is at 0.01. It has posted earnings per share of -$0.46 in the same period. It has Quick Ratio of 8.29 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for API, volatility over the week remained 20.13% while standing at 8.31% over the month.
Stock’s fiscal year EPS is expected to rise by 76.08% while it is estimated to increase by 96.45% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on August 20, 2024 offering a Neutral rating for the stock and assigned a target price range of between $4 and $2.63 to it. Coverage by Morgan Stanley stated Agora Inc ADR (API) stock as an Equal-weight in their note to investors on September 28, 2023, suggesting a price target of $3.20 for the stock. On May 16, 2022, Nomura Upgrade their recommendations, while on May 05, 2022, Bernstein Initiated their ratings for the stock with a price target of $10. Stock get an Overweight rating from Morgan Stanley on May 03, 2022.
