In the past week, API stock has gone down by -11.54%, with a monthly decline of -40.26% and a quarterly plunge of -2.39%. The volatility ratio for the week is 9.55%, and the volatility levels for the last 30 days are 9.95% for Agora Inc ADR The simple moving average for the past 20 days is -17.73% for API’s stock, with a 23.72% simple moving average for the past 200 days.
Is It Worth Investing in Agora Inc ADR (NASDAQ: API) Right Now?
Company’s 36-month beta value is 0.37.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for API is 71.03M, and currently, short sellers hold a 3.50% ratio of that floaft. The average trading volume of API on January 10, 2025 was 1.61M shares.
API) stock’s latest price update
Agora Inc ADR (NASDAQ: API)’s stock price has gone decline by -12.17 in comparison to its previous close of 4.19, however, the company has experienced a -11.54% decrease in its stock price over the last five trading days. globenewswire.com reported 2024-12-02 that SANTA CLARA, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) — Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced the Company’s senior management team have voluntarily entered into a lock-up period commencing from today and expiring on December 31, 2025.
Analysts’ Opinion of API
Many brokerage firms have already submitted their reports for API stocks, with BofA Securities repeating the rating for API by listing it as a “Neutral.” The predicted price for API in the upcoming period, according to BofA Securities is $2.63 based on the research report published on August 20, 2024 of the previous year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see API reach a price target of $3.20, previously predicting the price at $4.60. The rating they have provided for API stocks is “Equal-Weight” according to the report published on September 28th, 2023.
Nomura gave a rating of “Buy” to API, setting the target price at $10 in the report published on May 16th of the previous year.
API Trading at -16.71% from the 50-Day Moving Average
After a stumble in the market that brought API to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.58% of loss for the given period.
Volatility was left at 9.95%, however, over the last 30 days, the volatility rate increased by 9.55%, as shares sank -38.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.96% upper at present.
During the last 5 trading sessions, API fell by -11.54%, which changed the moving average for the period of 200-days by +46.03% in comparison to the 20-day moving average, which settled at $4.47. In addition, Agora Inc ADR saw -11.54% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at API starting from Morningside China TMT Top Up F, who proposed sale 5,096,103 shares at the price of $5.49 back on Nov 29 ’24. After this action, Morningside China TMT Top Up F now owns shares of Agora Inc ADR, valued at $28,000,000 using the latest closing price.
Morningside China TMT Fund II, the Director of Agora Inc ADR, proposed sale 438,180 shares at $5.48 during a trade that took place back on Nov 29 ’24, which means that Morningside China TMT Fund II, is holding shares at $2,400,000 based on the most recent closing price.
Stock Fundamentals for API
Current profitability levels for the company are sitting at:
- -0.42 for the present operating margin
- 0.63 for the gross margin
The net margin for Agora Inc ADR stands at -0.34. The total capital return value is set at -0.09. Equity return is now at value -7.68, with -6.70 for asset returns.
Based on Agora Inc ADR (API), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -0.45. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -211.3.
Currently, EBITDA for the company is -78.27 million with net debt to EBITDA at -0.09. When we switch over and look at the enterprise to sales, we see a ratio of 2.56. The receivables turnover for the company is 3.5for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.15.
Conclusion
In a nutshell, Agora Inc ADR (API) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
