On Monday, Agora Inc ADR (NASDAQ: API) opened lower -1.94% from the last session, before settling in for the closing price of $5.16. Price fluctuations for API have ranged from $1.65 to $6.49 over the past 52 weeks.
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Annual sales at Technology sector company grew by 32.88% over the past five years. Company’s average yearly earnings per share was noted 68.80% at the time writing. With a float of $71.03 million, this company’s outstanding shares have now reached $73.03 million.
Let’s look at the performance matrix of the company that is accounted for 1311 employees. In terms of profitability, gross margin is 63.16%, operating margin of -42.47%, and the pretax margin is -31.0%.
Agora Inc ADR (API) Insider and Institutional Ownership
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 2.74%, while institutional ownership is 35.88%. The most recent insider transaction that took place on Nov 29 ’24, was worth 28,000,000. Before that another transaction happened on Nov 29 ’24, when Company’s Director proposed sale 438,180 for $5.48, making the entire transaction worth $2,400,000.
Agora Inc ADR (API) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.23 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.07) by -0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 68.80% 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 6.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.49 and is forecasted to reach -0.05 in one year’s time.
Technical Analysis of Agora Inc ADR (API)
Agora Inc ADR (NASDAQ: API) saw its 5-day average volume 4.35 million, a positive change from its year-to-date volume of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 60.90%. Additionally, its Average True Range was 0.69.
During the past 100 days, Agora Inc ADR’s (API) raw stochastic average was set at 70.43%, which indicates a significant increase from 43.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 186.65% in the past 14 days, which was higher than the 152.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.57, while its 200-day Moving Average is $2.72. Nevertheless, the first resistance level for the watch stands at $5.69 in the near term. At $6.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.72. If the price goes on to break the first support level at $4.65, it is likely to go to the next support level at $4.23. The third support level lies at $3.61 if the price breaches the second support level.
Agora Inc ADR (NASDAQ: API) Key Stats
There are currently 92,202K shares outstanding in the company with a market cap of 369.53 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.
