D. E. Shaw & Co. Inc. lowered its position in shares of Agora, Inc. (NASDAQ:API - Free Report) by 48.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 94,386 shares of the company's stock after selling 89,771 shares during the quarter. D. E. Shaw & Co. Inc. owned about 0.10% of Agora worth $393,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. raised its stake in Agora by 159.5% during the fourth quarter. American Century Companies Inc. now owns 119,168 shares of the company's stock valued at $496,000 after buying an additional 73,243 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Agora by 1,988.6% during the fourth quarter. Rhumbline Advisers now owns 7,310 shares of the company's stock valued at $30,000 after purchasing an additional 6,960 shares during the last quarter. Barclays PLC grew its holdings in shares of Agora by 7.9% during the fourth quarter. Barclays PLC now owns 119,572 shares of the company's stock valued at $497,000 after purchasing an additional 8,724 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Agora during the fourth quarter valued at approximately $3,082,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Agora by 3,671.4% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 444,795 shares of the company's stock valued at $1,850,000 after purchasing an additional 433,001 shares during the last quarter. Institutional investors and hedge funds own 40.40% of the company's stock.
Agora Stock Performance
API stock traded down $0.23 on Friday, reaching $3.55. The company's stock had a trading volume of 604,822 shares, compared to its average volume of 903,737. Agora, Inc. has a 52 week low of $1.65 and a 52 week high of $6.99. The company has a market capitalization of $331.34 million, a P/E ratio of -7.24, a price-to-earnings-growth ratio of 4.36 and a beta of 0.53. The firm has a fifty day moving average of $3.40 and a two-hundred day moving average of $4.51. The company has a debt-to-equity ratio of 0.06, a current ratio of 6.15 and a quick ratio of 6.15.
Agora Company 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.
Featured Articles
Before you consider Agora, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Agora wasn't on the list.
While Agora currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
