17,149 Shares in Agora, Inc. (NASDAQ:API) Bought by Squarepoint Ops LLC

Squarepoint Ops LLC acquired a new stake in Agora, Inc. (NASDAQ:API) during the fourth quarter, Holdings Channel.com reports. The firm acquired 17,149 shares of the company’s stock, valued at approximately $71,000.

Other institutional investors have also added to or reduced their stakes in the company. Two Sigma Investments LP boosted its stake in Agora by 7.7% during the fourth quarter. Two Sigma Investments LP now owns 58,631 shares of the company’s stock valued at $244,000 after buying an additional 4,207 shares during the period. MY.Alpha Management HK Advisors Ltd bought a new stake in shares of Agora in the 4th quarter worth approximately $3,057,000. Nomura Holdings Inc. purchased a new position in Agora in the 4th quarter worth approximately $892,000. Bank of America Corp DE raised its holdings in Agora by 714.6% in the 4th quarter. Bank of America Corp DE now owns 565,584 shares of the company’s stock worth $2,353,000 after acquiring an additional 496,156 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in Agora during the 4th quarter valued at $53,000. 40.40% of the stock is owned by institutional investors and hedge funds.

Agora Stock Performance

Shares of Agora stock opened at $3.99 on Wednesday. The company has a market capitalization of $372.40 million, a P/E ratio of -8.14, a P/E/G ratio of 4.36 and a beta of 0.56. The company has a debt-to-equity ratio of 0.06, a quick ratio of 6.15 and a current ratio of 6.15. The company has a fifty day moving average of $3.35 and a 200 day moving average of $4.48. Agora, Inc. has a fifty-two week low of $1.65 and a fifty-two week high of $6.99.

Agora Profile

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.