Nomura Holdings Inc. acquired a new stake in Agora, Inc. (NASDAQ:API - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 214,314 shares of the company's stock, valued at approximately $892,000. Nomura Holdings Inc. owned approximately 0.23% of Agora as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in API. Rhumbline Advisers lifted its stake in shares of Agora by 1,988.6% during the 4th quarter. Rhumbline Advisers now owns 7,310 shares of the company's stock worth $30,000 after purchasing an additional 6,960 shares during the period. Jane Street Group LLC purchased a new position in Agora during the fourth quarter worth about $53,000. EntryPoint Capital LLC purchased a new position in Agora during the fourth quarter worth about $69,000. XTX Topco Ltd purchased a new position in Agora during the fourth quarter worth about $73,000. Finally, Virtu Financial LLC purchased a new position in shares of Agora during the 4th quarter worth about $155,000. 40.40% of the stock is currently owned by hedge funds and other institutional investors.
Agora Trading Up 2.0%
Shares of API stock opened at $3.57 on Tuesday. The firm has a market cap of $333.20 million, a P/E ratio of -7.29, a PEG ratio of 4.36 and a beta of 0.53. Agora, Inc. has a 1-year low of $1.65 and a 1-year high of $6.99. The company has a debt-to-equity ratio of 0.06, a current ratio of 6.15 and a quick ratio of 6.15. The firm's 50-day simple moving average is $3.67 and its 200-day simple moving average is $4.53.
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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