A share price of Agora Inc ADR [API] is currently trading at $4.81, up 3.00%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The API shares have gain 24.61% over the last week, with a monthly amount glided 3.44%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Agora Inc ADR [NASDAQ: API] stock has seen the most recent analyst activity on January 16, 2025, when BofA Securities upgraded its rating to a Buy but kept the price target unchanged to $6 for it. Previously, BofA Securities downgraded its rating to Neutral on August 20, 2024, and dropped its price target to $2.63. On September 28, 2023, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $3.20 on the stock. Nomura upgraded its rating to a Buy and decreased its price target to $10 on May 16, 2022. Bernstein initiated its recommendation with a Outperform and recommended $10 as its price target on May 05, 2022. Morgan Stanley upgraded its rating to Overweight for this stock on May 03, 2022, but kept the price target unchanged to $12.50. In a note dated February 18, 2022, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $31 to $11.
Agora Inc ADR experienced fluctuations in its stock price throughout the past year between $1.65 and $6.64. Currently, Wall Street analysts expect the stock to reach $2.63 within the next 12 months. Agora Inc ADR [NASDAQ: API] shares were valued at $4.81 at the most recent close of the market. An investor can expect a potential drop of -45.32% based on the average API price forecast.
Analyzing the API fundamentals
Trailing Twelve Months sales for Agora Inc ADR [NASDAQ:API] were 134.84M which represents -9.83% decline. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -0.42%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.34%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.08 and Total Capital is -0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.68 points at the first support level, and at 4.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.94, and for the 2nd resistance point, it is at 5.06.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Agora Inc ADR [NASDAQ:API] is 6.15. Further, the Quick Ratio stands at 6.15, while the Cash Ratio is 0.54. Considering the valuation of this stock, the price to sales ratio is 2.61, the price to book ratio is 0.61.
Transactions by insiders
Recent insider trading involved Morningside China TMT Top Up F, Director, that happened on Nov 29 ’24 when 5.1 million shares were purchased. Director, Morningside China TMT Fund II, completed a deal on Nov 29 ’24 to buy 0.44 million shares. Meanwhile, Officer ZHONG SHENG bought 0.4 million shares on Nov 29 ’24.
