Agora Inc. (API) last month volatility was 8.17%: Don’t Ignore this Blaring Warning Signal
Agora Inc. (NASDAQ: API) started the day on June 09, 2021, with a price increase of 5.35% at $42.14. During the day, the stock rose to $43.6189 and sunk to $39.66 before settling in for the price of $40.00 at the close. Taking a more long-term approach, API posted a 52-week range of $33.60-$114.96.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -256.20%. This publicly-traded company’s shares outstanding now amounts to $41.16 million, simultaneously with a float of $17.50 million. The organization now has a market capitalization sitting at $4.72 billion. At the time of writing, stock’s 50-day Moving Average stood at $47.89, while the 200-day Moving Average is $50.47.
Agora Inc. (API) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/30/2021, the organization reported -$0.01 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.01) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
Agora Inc.’s EPS decrease for this current 12-month fiscal period is -256.20% and is forecasted to reach -0.11 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 18.50. The Stock has managed to achieve an average true range (ATR) of 3.33. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 34.14.
In the same vein, API’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.91, a figure that is expected to reach -0.07 in the next quarter, and analysts are predicting that it will be -0.11 at the market close of one year from today.
Technical Analysis of Agora Inc. (API)
If we take a close look at the recent performances of Agora Inc. (NASDAQ: API), its last 5-days Average volume was 1.21 million that shows plunge from its year to date volume of 1.6 million. During the previous 9 days, stock’s Stochastic %D was recorded 18.45% While, its Average True Range was 3.41.
Raw Stochastic average of Agora Inc. (API) in the period of the previous 100 days is set at 9.18%, which indicates a major fall in contrast to 32.83% 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 79.89% that was lower than 105.53% volatility it exhibited in the past 100-days period.