Agora’s (API) “Sell (D-)” Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (d-) rating on shares of Agora (NASDAQ:API) in a research report report published on Friday morning,Weiss Ratings reports.

Agora Stock Down 0.8%

Shares of Agora stock opened at $3.60 on Friday. The firm has a market cap of $335.99 million, a price-to-earnings ratio of -14.40, a P/E/G ratio of 1.88 and a beta of 0.63. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.55 and a quick ratio of 3.55. Agora has a 52-week low of $2.53 and a 52-week high of $6.99. The stock has a 50-day simple moving average of $3.68 and a 200-day simple moving average of $3.63.

Agora (NASDAQ:API) last announced its quarterly earnings results on Monday, August 18th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $34.26 million during the quarter. Agora had a negative return on equity of 3.87% and a negative net margin of 16.59%.During the same quarter in the prior year, the firm earned ($0.10) earnings per share. Agora has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Agora will post -0.4 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Agora

Several institutional investors have recently made changes to their positions in API. Acadian Asset Management LLC acquired a new stake in shares of Agora during the 1st quarter valued at about $2,818,000. MY.Alpha Management HK Advisors Ltd lifted its holdings in Agora by 59.7% in the 1st quarter. MY.Alpha Management HK Advisors Ltd now owns 1,173,703 shares of the company’s stock worth $4,718,000 after purchasing an additional 438,965 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Agora by 95.2% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 868,402 shares of the company’s stock worth $3,491,000 after purchasing an additional 423,607 shares during the last quarter. Yong Rong HK Asset Management Ltd lifted its holdings in Agora by 17.0% in the 1st quarter. Yong Rong HK Asset Management Ltd now owns 2,865,755 shares of the company’s stock worth $11,521,000 after purchasing an additional 415,755 shares during the last quarter. Finally, Marshall Wace LLP lifted its holdings in Agora by 213.0% in the 2nd quarter. Marshall Wace LLP now owns 460,210 shares of the company’s stock worth $1,753,000 after purchasing an additional 313,175 shares during the last quarter. 40.40% of the stock is currently owned by institutional investors and hedge funds.

About Agora

Agora, Inc operates in real-time engagement technology business in the People's Republic of China, the United States, and internationally. The company offers real-time engagement platform-as-a-services providing developers with application programming interfaces to embed real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence capabilities into their applications.