On Friday, Agora Inc ADR (NASDAQ: API) was -8.38% drop from the session before settling in for the closing price of $5.25. A 52-week range for API has been $1.65 – $6.64.
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Annual sales at Technology sector company grew by 32.88% over the past five years. When this article was written, the company’s average yearly earnings per share was at 68.80%. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Agora Inc ADR stocks. 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
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
You can see what Agora Inc ADR (API) is doing with its current performance indicators. In the most recent 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 2.61.
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 1.95 million, a positive change from its year-to-date volume of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 12.19%. Additionally, its Average True Range was 0.68.
During the past 100 days, Agora Inc ADR’s (API) raw stochastic average was set at 63.30%, which indicates a significant increase from 22.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 183.24% in the past 14 days, which was higher than the 156.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.03, while its 200-day Moving Average is $2.84. Nevertheless, the first resistance level for the watch stands at $5.19 in the near term. At $5.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.82. If the price goes on to break the first support level at $4.56, it is likely to go to the next support level at $4.32. The third support level lies at $3.94 if the price breaches the second support level.
Agora Inc ADR (NASDAQ: API) Key Stats
There are 92,202K outstanding shares of the company, which has a market capitalization of 351.27 million. As of now, sales total 141,540 K while income totals -87,220 K. Its latest quarter income was 31,570 K while its last quarter net income were -24,180 K.
