AGBA Group Holding Limited (AGBA) Stock Experiences 18.07% Monthly Change

In the past week, AGBA stock has gone up by 3.20%, with a monthly gain of 18.07% and a quarterly surge of 541.19%. The volatility ratio for the week is 10.24%, and the volatility levels for the last 30 days are 13.64% for AGBA Group Holding Limited. The simple moving average for the past 20 days is -7.67% for AGBA’s stock, with a 175.43% simple moving average for the past 200 days.

Is It Worth Investing in AGBA Group Holding Limited (NASDAQ: AGBA) Right Now?

The public float for AGBA is 19.08M, and at present, short sellers hold a 5.86% of that float. The average trading volume of AGBA on June 27, 2024 was 12.17M shares.

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AGBA) stock’s latest price update

AGBA Group Holding Limited (NASDAQ: AGBA)’s stock price has gone rise by 2.83 in comparison to its previous close of 2.79, however, the company has experienced a 3.20% increase 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.

AGBA Trading at 2.64% 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 -33.12% of loss for the given period.

Volatility was left at 13.64%, however, over the last 30 days, the volatility rate increased by 10.24%, as shares sank -5.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +628.71% upper at present.

During the last 5 trading sessions, AGBA rose by +2.52%, which changed the moving average for the period of 200-days by +288.02% in comparison to the 20-day moving average, which settled at $3.10. In addition, AGBA Group Holding Limited saw 490.94% 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 4.58. The receivables turnover for the company is 9.59for trailing twelve months and the total asset turnover is 0.84.

Conclusion

In summary, AGBA Group Holding Limited (AGBA) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.

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