Considering stock’s 52-week price range provides that API hit a high price of $6.89 and saw its price falling to a low level of $1.65 during that period. Over a period of past 1-month, stock came adding 19.33% in its value.
In contrast, when we review API stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
According to ratings assigned by 3 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 2 of them are recommending Agora Inc ADR (API) as a Hold, while 1 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the API stock which is currently positioned at 0. It further provides that stock’s current price level is 0.15% away from its 20-day simple moving average and is 13.83% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 52.74 while volatility remained at 10.51% over the past week which changes to 10.04% when measuring it over the past month. Beta is valued at 0.41, while measure of average true range or ATR is currently at 0.55. In predicting price targets of as low as $2.63 and as high as $2.63, analysts are in agreement on assigning the stock over the next 12 months average price target of $2.63. Stock’s current price level is 54.18% above from estimated low price target while it is 54.18% below the estimated high; and even if the API’s share succeeded to reach the median price of $2.63, then the outlook of 54.18% could come to the excitement of the investors.
The percentage of outstanding shares held by the insiders is 5.13% while it is 38.03% for the institutional holders. Addition of 37.98% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
