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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 $2.40, down 1.23% from the previous day, and has decreased 31.82% in one year. It has underperformed other stocks in the Software - Application industry by 0.5 percentage points. Agora stock is currently +3.67% from its 52-week low of $2.32, and -31.91% from its 52-week high of $3.53.

There are currently 368.8M shares of API outstanding. The market value of API is $221.28M. In the past 24 hours, 132,068 API shares were traded.

How to Buy Agora Stock

Wondering how to invest in Agora stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Pick your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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.
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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.
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  • Buy other assets: Such as ETFs and cryptocurrencies.

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Step 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

  1. 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.
  2. Enter your personal details to open your new brokerage account.
  1. Submit your data by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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 Price
$2.40
1w %
-1.64%
1y %
-31.82%
5y %
N/A
P/E
-0.68x
P/B
0.37x
P/S
1.69x
PEG
N/A
Revenue
$141.54M
Earnings
-$87.22M
Fore. Rev. Growth
6.42%
Fore. Earn. Growth
N/A
Market Cap
$221.28M
Next Earnings
May 28, 2024
Next Dividend
N/A

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 0.37x, relative to Software - Application industry P/B ratio of 6.31x

You can access additional valuation analysis on API's stock here.

API Financial Summary

Positive Health Checks:

  • API has cash burn of 25235000. 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 0.12.
  • API has $216.65M in cash and short term investments. This is sufficient to cover its annual cash burn of $25.24M.
  • 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 0.13 percentage points in the past year, but the company is still unprofitable.

You can dive deeper into what analysts are saying on the Agora stock forecast page.

API Trading Indicators

SMA10
2.44
SMA20
2.5
SMA50
2.63
SMA100
2.65
SMA200
2.76
MACD
-0.06
MACD Signal
-0.05
MACD Histogram
-0.01
RSI
39.37
Stochastic %K
22.1
Stochastic %D
17.64
StochRSI %K
27.04
StochRSI %D
18.08

API Performance Numbers

Last year, API revenue was $141.54M. In the past 5 year, API's revenue has gone up by 26.52% per year. This was slower than the Software - Application industry average of 27.59%.

Dive into API's earnings and revenue performance here.

Are API insiders buying or selling the stock?

Over 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.

Does API stock generate passive income?

No, Agora doesn't provide an income stream by paying out dividends.

What others are saying about API

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Execute your API purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price, use a limit order.

Click the Open Trade button and eToro will place the order.

If you require additional help buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Monitor your API position

Now that you own some shares in API, you'll want to keep up with your new stock purchase.

Put API on a watchlist to keep track of your API stock.

API Feed

How to Buy Stock in Agora

To reiterate, here are the 6 steps to buy Agora stock:

  1. Figure out where to buy Agora stock
  2. Sign up for a brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Agora stock
  5. Execute your API purchase
  6. Monitor your API position

If you are looking for a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your new investment in Agora, create a watchlist on WallStreetZen today.

NASDAQ: API
$2.40-0.03 (-1.23%)
Updated Apr 19, 2024
Open eToro Account
NASDAQ: API
$2.40-0.03 (-1.23%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Agora share?

As of Apr 19, 2024, it costs $2.40 to buy one share of Agora stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.417 shares of API.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Agora stock?

One way to place an order for Agora stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.