Agora Inc ADR (API) posted a 11.22% change over the last five days signaling a new trend

Agora Inc ADR (NASDAQ: API) kicked off on Tuesday, up 19.34% from the previous trading day, before settling in for the closing price of $2.74. Over the past 52 weeks, API has traded in a range of $1.65-$6.43.

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Technology Sector giant saw their annual sales surged by 32.88% over the last five years. While this was happening, its average annual earnings per share was recorded 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) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Agora Inc ADR is 3.09%, while institutional ownership is 36.23%. 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) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.23 earnings per share (EPS), lower than consensus estimate (set at -0.1) by -0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.

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

Take a look at Agora Inc ADR’s (API) current performance indicators. Last quarter, stock had a quick ratio of 8.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.72.

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 0.74 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 50.36%. Additionally, its Average True Range was 0.31.

During the past 100 days, Agora Inc ADR’s (API) raw stochastic average was set at 33.84%, which indicates a significant decrease from 84.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.23% in the past 14 days, which was lower than the 120.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.63, while its 200-day Moving Average is $2.56. Now, the first resistance to watch is $3.51. This is followed by the second major resistance level at $3.75. The third major resistance level sits at $4.11. If the price goes on to break the first support level at $2.91, it is likely to go to the next support level at $2.55. Now, if the price goes above the second support level, the third support stands at $2.31.

Agora Inc ADR (NASDAQ: API) Key Stats

The company with the Market Capitalisation of 238.48 million has total of 92,202K Shares Outstanding. Its annual sales at the moment are 141,540 K in contrast with the sum of -87,220 K annual income. Company’s last quarter sales were recorded 34,210 K and last quarter income was -9,240 K.