Connor Clark & Lunn Investment Management Ltd. boosted its position in Agora, Inc. Sponsored ADR (NASDAQ:API - Free Report) by 95.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 868,402 shares of the company's stock after buying an additional 423,607 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.93% of Agora worth $3,491,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC increased its position in shares of Agora by 7.9% during the 4th quarter. Barclays PLC now owns 119,572 shares of the company's stock worth $497,000 after purchasing an additional 8,724 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Agora during the 4th quarter worth approximately $73,000. Garden State Investment Advisory Services LLC acquired a new position in shares of Agora during the 4th quarter worth approximately $478,000. Seldon Capital LP acquired a new position in shares of Agora during the 4th quarter worth approximately $425,000. Finally, Hhlr Advisors LTD. acquired a new position in shares of Agora during the 4th quarter worth approximately $8,730,000. Institutional investors and hedge funds own 40.40% of the company's stock.
Agora Stock Up 0.5%
Shares of NASDAQ:API traded up $0.02 during trading on Friday, hitting $3.67. 1,088,515 shares of the company were exchanged, compared to its average volume of 341,395. The stock has a market cap of $342.52 million, a price-to-earnings ratio of -10.19, a P/E/G ratio of 2.31 and a beta of 0.59. Agora, Inc. Sponsored ADR has a fifty-two week low of $1.65 and a fifty-two week high of $6.99. The firm has a fifty day moving average price of $3.84 and a two-hundred day moving average price of $4.17. The company has a current ratio of 3.51, a quick ratio of 3.51 and a debt-to-equity ratio of 0.10.
Agora Profile
(
Free Report)
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.
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