Agora Inc ADR (API) 20 Days SMA touches -11.65%: The odds favor the bear

Agora Inc ADR (NASDAQ: API) kicked off on Friday, down -3.30% from the previous trading day, before settling in for the closing price of $4.55. Over the past 52 weeks, API has traded in a range of $1.65-$6.64.

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During the last 5-year period, the sales growth of Technology Sector giant was 32.88%. While this was happening, its average annual earnings per share was recorded 68.80%. With a float of $71.03 million, this company’s outstanding shares have now reached $73.03 million.

Let’s determine the extent of company efficiency that accounts 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 Activity

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 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) Earnings and Forecasts

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

Take a look at Agora Inc ADR’s (API) current performance indicators. Last quarter, stock had a quick ratio of 6.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.38.

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)

Looking closely at Agora Inc ADR (NASDAQ: API), its last 5-days average volume was 0.65 million, which is a drop from its year-to-date volume of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 40.12%. Additionally, its Average True Range was 0.55.

During the past 100 days, Agora Inc ADR’s (API) raw stochastic average was set at 55.08%, which indicates a significant increase from 17.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 114.99% in the past 14 days, which was lower than the 158.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.22, while its 200-day Moving Average is $2.92. However, in the short run, Agora Inc ADR’s stock first resistance to watch stands at $4.56. Second resistance stands at $4.71. The third major resistance level sits at $4.84. If the price goes on to break the first support level at $4.28, it is likely to go to the next support level at $4.15. Should the price break the second support level, the third support level stands at $4.00.

Agora Inc ADR (NASDAQ: API) Key Stats

The company with the Market Capitalisation of 321.33 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 31,570 K and last quarter income was -24,180 K.