Is Agora Inc (API) Stock About to Get Hot Monday?

Agora Inc (API) stock is lower by 18.72% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Agora Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on API!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With API Stock Today?

Agora Inc (API) stock is trading at $7.25 as of 11:02 AM on Monday, Apr 18, a loss of -$0.60, or -7.64% from the previous closing price of $7.85. The stock has traded between $7.06 and $7.79 so far today. Volume today is low. So far 339,486 shares have traded compared to average volume of 1,142,556 shares.

More About Agora Inc

Agora Inc provides real-time communication solutions. The company offers real-time video calling, voice calling, live audio and video streaming, recording, and real-time messaging. It serves the gaming, retail, and education industries. The company operates in the People's Republic of China and the United States of America and the majority of its revenue is derived from the People's Republic of China. Click Here to get the full Stock Report for Agora Inc stock.