API has 36-month beta value of 0.41. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for API is 68.54M, and currently, short sellers hold a 2.60% ratio of that float. The average trading volume of API on February 04, 2025 was 1.62M shares.
API) stock’s latest price update
The stock of Agora Inc ADR (NASDAQ: API) has increased by 9.83 when compared to last closing price of 5.60. Despite this, the company has experienced a 17.60% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-30 that Agora (API) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
API’s Market Performance
Agora Inc ADR (API) has seen a 17.60% rise in stock performance for the week, with a 40.75% gain in the past month and a 118.11% surge in the past quarter. The volatility ratio for the week is 12.17%, and the volatility levels for the past 30 days are at 9.62% for API. The simple moving average for the past 20 days is 28.51% for API’s stock, with a 93.46% simple moving average for the past 200 days.
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 “Buy.” The predicted price for API in the upcoming period, according to BofA Securities is $6 based on the research report published on January 16, 2025 of the current year 2025.
BofA Securities, on the other hand, stated in their research note that they expect to see API reach a price target of $2.63, previously predicting the price at $4. The rating they have provided for API stocks is “Neutral” according to the report published on August 20th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to API, setting the target price at $3.20 in the report published on September 28th of the previous year.
API Trading at 27.21% 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 -7.37% of loss for the given period.
Volatility was left at 9.62%, however, over the last 30 days, the volatility rate increased by 12.17%, as shares surge +39.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +51.22% upper at present.
During the last 5 trading sessions, API rose by +18.55%, which changed the moving average for the period of 200-days by +157.26% in comparison to the 20-day moving average, which settled at $4.79. In addition, Agora Inc ADR saw 47.85% in overturn over a single year, with a tendency to cut further gains.
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 -0.4. The debt to equity ratio resting at 0.07. 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 4.18. 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
To put it simply, Agora Inc ADR (API) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
