How to Buy Agora Stock
Agora Inc
Agora, Inc. provides Real-Time Engagement Platform-as-a-Service (RTE-PaaS) in the People's Republic of China, the United States, and internationally.
Agora stock last closed at $2.61, down 7.45% from the previous day, and has increased 8.3% in one year. It has overperformed other stocks in the Software - Application industry by 0.2 percentage points. Agora stock is currently +57.89% from its 52-week low of $1.65, and -62.66% from its 52-week high of $6.99.
There are currently 373.34M shares of API outstanding. The market value of API is $243.60M. In the past 24 hours, 1.43M API shares were traded.
How to Buy Agora Stock
Wondering how to invest in Agora stock? Here's how.
- Figure out where to buy Agora stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Agora stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your payment method and add your info.
- Analyze Agora stock: The Agora ticker symbol is API. Is Agora stock a good investment? Should you buy shares of API? How do API's underlying business fundamentals look? Do top analysts think Agora is a good buy? Why has API's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if API is a good stock to buy).
- Execute your API purchase: Decide if you will purchase API shares at the current market price or use a limit order to buy API stock at a particular price.
- Monitor your API position: Create a watchlist to monitor your new investment in Agora stock.
Step 1: Figure out where to buy Agora stock
You will need a brokerage account to access the NASDAQ market and buy API shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal information so you are able to invest in API stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new brokerage account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on one of the best stock apps, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of transferring funds into your new investment account.
Step 4: Analyze Agora stock
After you have decided on the best place to buy Agora stock, it's crucial to evaluate their stock before you buy, so you truly comprehend the risk as well as the upside.
Agora shares data
API Overview
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on API's stock page.
Is API stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge API's true value.
Using relative valuations ratios:
- API may be undervalued based on its P/B ratio of 0.43x, relative to Software - Application industry P/B ratio of 6.37x
You can access additional valuation analysis on API's stock here.
API Financial Summary
Positive Health Checks:
- API has cash burn of 51830000. It has sufficient cash and short-term investments to cover this for at least one year.
- Total API debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the API balance sheet.
- API has a low debt to equity ratio of 0.22.
- API has $273.41M in cash and short term investments. This is sufficient to cover its annual cash burn of $51.83M.
- There are more short-term assets than short-term liabilities on the API balance sheet.
Negative Health Checks:
- API profit margin has gone up by 0.3 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy API stock, according to Wall Street analysts?
Out of 1 sell side analysts who research API, the consensus analyst rating on API is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Agora stock forecast page.
Metrics for Advanced API Traders
API Performance Metrics
Last year, API revenue was $133.26M. In the past 5 year, API's revenue has grown by 15.64% per year. This was slower than the Software - Application industry average of 21.47%.
Dig into API's earnings and revenue performance here.
Latest Insiders Trades at API
In the last 12 months, executives and large shareholders at API have not bought or sold any shares.
Learn more about who owns API shares here.
Can I rely on API as an income stream?
No, Agora doesn't provide an income stream by paying out dividends.
API Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your API purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Press the Open Trade button and your broker will place the order.
If you require additional help buying stocks on eToro, click the how to video below:
Step 6: Monitor your API position
Now that you own some API shares, you'll want to keep up with your stock purchase.
Create a watchlist to get the latest updates about your API stock.
API Feed
How to Buy Stock in Agora
To summarize, here are the 6 steps you need to take to buy Agora stock right now:
- Figure out where to buy Agora stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Agora stock
- Execute your API purchase
- Monitor your API position
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Agora, create your watchlist below.
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