The public float for AGBA is 19.06M and currently, short sellers hold a 4.62% ratio of that float. The average trading volume of AGBA on June 18, 2024 was 11.95M shares.
AGBA) stock’s latest price update
The stock price of AGBA Group Holding Limited (NASDAQ: AGBA) has dropped by -16.38 compared to previous close of 2.93. Despite this, the company has seen a fall of -25.76% in its stock price over the last five trading days. globenewswire.com reported 2024-06-12 that LOS ANGELES, June 12, 2024 (GLOBE NEWSWIRE) — NASDAQ-listed, AGBA Group Holding Limited (“AGBA” or the “Company” or the “Group”), reports that on June 12, 2024, the company filed its preliminary proxy statement for its shareholder meeting to approve its $4,000,000,000 merger of AGBA and Triller Corp.
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AGBA’s Market Performance
AGBA’s stock has fallen by -25.76% in the past week, with a monthly drop of -0.41% and a quarterly rise of 628.95%. The volatility ratio for the week is 9.46% while the volatility levels for the last 30 days are 15.87% for AGBA Group Holding Limited The simple moving average for the past 20 days is -17.88% for AGBA’s stock, with a 150.23% simple moving average for the past 200 days.
AGBA Trading at -2.48% from the 50-Day Moving Average
After a stumble in the market that brought AGBA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.89% of loss for the given period.
Volatility was left at 15.87%, however, over the last 30 days, the volatility rate increased by 9.46%, as shares surge +0.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +520.05% upper at present.
During the last 5 trading sessions, AGBA fell by -25.12%, which changed the moving average for the period of 200-days by +292.21% in comparison to the 20-day moving average, which settled at $2.98. In addition, AGBA Group Holding Limited saw 404.63% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AGBA
Current profitability levels for the company are sitting at:
- -0.82 for the present operating margin
- 0.05 for the gross margin
The net margin for AGBA Group Holding Limited stands at -0.88. The total capital return value is set at -3.23. Equity return is now at value -316.09, with -56.93 for asset returns.
Based on AGBA Group Holding Limited (AGBA), the company’s capital structure generated 0.87 points at debt to capital in total, while cash flow to debt ratio is standing at -2.13. The debt to equity ratio resting at 6.68. The interest coverage ratio of the stock is 0.17.
Currently, EBITDA for the company is -50.35 million with net debt to EBITDA at -0.01. When we switch over and look at the enterprise to sales, we see a ratio of 3.91. The receivables turnover for the company is 9.59for trailing twelve months and the total asset turnover is 0.84.
Conclusion
In conclusion, AGBA Group Holding Limited (AGBA) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
