On Friday, Agora Inc ADR (NASDAQ: API) opened lower -3.55% from the last session, before settling in for the closing price of $1.97. Price fluctuations for API have ranged from $1.65 to $3.35 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 32.88%. Company’s average yearly earnings per share was noted 74.97% at the time writing. With a float of $70.06 million, this company’s outstanding shares have now reached $73.16 million.
Let’s determine the extent of company efficiency that accounts for 1311 employees. In terms of profitability, gross margin is 62.58%, operating margin of -33.8%, and the pretax margin is -31.94%.
Agora Inc ADR (API) Insider Activity
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Agora Inc ADR is 3.94%, while institutional ownership is 38.20%. The most recent insider transaction that took place on Aug 22 ’24, was worth 811,000. Before that another transaction happened on Aug 22 ’24, when Company’s Director proposed sale 31,727 for $2.21, making the entire transaction worth $70,000.
Agora Inc ADR (API) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 74.97% per share during the next fiscal year.
Agora Inc ADR (NASDAQ: API) Trading Performance Indicators
Check out the current performance indicators for Agora Inc ADR (API). In the past quarter, the stock posted a quick ratio of 8.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.46, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.10 in one year’s time.
Technical Analysis of Agora Inc ADR (API)
Looking closely at Agora Inc ADR (NASDAQ: API), its last 5-days average volume was 0.17 million, which is a drop from its year-to-date volume of 0.19 million. As of the previous 9 days, the stock’s Stochastic %D was 38.24%. Additionally, its Average True Range was 0.17.
During the past 100 days, Agora Inc ADR’s (API) raw stochastic average was set at 18.04%, which indicates a significant decrease from 33.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.18% in the past 14 days, which was higher than the 51.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.3000, while its 200-day Moving Average is $2.5614. However, in the short run, Agora Inc ADR’s stock first resistance to watch stands at $2.0399. Second resistance stands at $2.1797. The third major resistance level sits at $2.3097. If the price goes on to break the first support level at $1.7701, it is likely to go to the next support level at $1.6401. Should the price break the second support level, the third support level stands at $1.5003.
Agora Inc ADR (NASDAQ: API) Key Stats
There are currently 92,202K shares outstanding in the company with a market cap of 138.57 million. Presently, the company’s annual sales total 141,540 K according to its annual income of -87,220 K. Last quarter, the company’s sales amounted to 34,210 K and its income totaled -9,240 K.
