Agora Inc ADR (NASDAQ: API) on Friday, soared 6.04% from the previous trading day, before settling in for the closing price of $2.65. Within the past 52 weeks, API’s price has moved between $1.65 and $6.43.
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Technology Sector giant saw their annual sales surged by 32.88% over the last five years. The company achieved an average annual earnings per share of 76.08%. With a float of $70.67 million, this company’s outstanding shares have now reached $73.16 million.
The firm has a total of 1311 workers. Let’s measure their productivity. 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
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Agora Inc ADR is 3.09%, 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 76.08% per share during the next fiscal year.
Agora Inc ADR (NASDAQ: API) Trading Performance Indicators
Agora Inc ADR (API) is currently performing well based on its current performance indicators. A quick ratio of 8.29 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.46 and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of Agora Inc ADR (API)
Analysing the last 5-days average volume posted by the [Agora Inc ADR, API], we can find that recorded value of 0.84 million was better than the volume posted last year of 0.72 million. As of the previous 9 days, the stock’s Stochastic %D was 19.39%. Additionally, its Average True Range was 0.34.
During the past 100 days, Agora Inc ADR’s (API) raw stochastic average was set at 24.21%, which indicates a significant increase from 13.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.89% in the past 14 days, which was lower than the 117.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.53, while its 200-day Moving Average is $2.55. Now, the first resistance to watch is $2.96. This is followed by the second major resistance level at $3.11. The third major resistance level sits at $3.26. If the price goes on to break the first support level at $2.65, it is likely to go to the next support level at $2.50. Should the price break the second support level, the third support level stands at $2.35.
Agora Inc ADR (NASDAQ: API) Key Stats
Market capitalization of the company is 204.93 million based on 92,202K outstanding shares. Right now, sales total 141,540 K and income totals -87,220 K. The company made 34,210 K in profit during its latest quarter, and -9,240 K in sales during its previous quarter.
