Witnessing the stock’s movement on the chart, on December 23, 2020, Agora Inc. (NASDAQ: API) had a quiet start as it plunged -9.96% to $39.96. During the day, the stock rose to $44.19 and sunk to $39.22 before settling in for the price of $44.38 at the close. Taking a more long-term approach, API posted a 52-week range of $33.60-$68.45.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -56.10%. This publicly-traded company’s shares outstanding now amounts to $99.23 million, simultaneously with a float of $17.50 million. The organization now has a market capitalization sitting at $3.99 billion. At the time of writing, stock’s 50-day Moving Average stood at $41.07.
Agora Inc. (API) Earnings and Revenue Records
As on 9/29/2020, Multinational firm has announced its last quarter scores, in which it reported -$0.01 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.01) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
Agora Inc.’s EPS decrease for this current 12-month fiscal period is -56.10% and is forecasted to reach -0.06 in the upcoming year.
Agora Inc. (NASDAQ: API) Trading Performance Indicators
Let’s observe the current performance indicators for Agora Inc. (API). It’s Quick Ratio in the last reported quarter now stands at 21.90. The Stock has managed to achieve an average true range (ATR) of 2.84. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 46.04.
Technical Analysis of Agora Inc. (API)
Going through the that latest performance of [Agora Inc., API]. Its last 5-days volume of 1.26 million indicated improvement to the volume of 0.93 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 26.30% While, its Average True Range was 2.95.
Raw Stochastic average of Agora Inc. (API) in the period of the previous 100 days is set at 26.61%, which indicates a major rise in contrast to 14.29% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 81.04% that was higher than 72.38% volatility it exhibited in the past 100-days period.