AgileThought Inc (NASDAQ: AGIL) stock fell -1.48% on Monday to $0.08 against a previous-day closing price of $0.08. With 0.69 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.78 million shares. During the session, the Information Technology Services company that operates in wider Technology sector, reached to the highest price of $0.0824 whereas the lowest price it dropped to was $0.0770. The 52-week range on AGIL shows that it touched its highest point at $4.68 and its lowest point at $0.06 during that stretch. It currently has a 1-year price target of $2.00. Beta for the stock currently stands at 0.02.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AGIL was down-trending over the past week, with a drop of -4.77%, but this was down by -43.00% over a month. Three-month performance dropped to -62.45% while six-month performance fell -90.56%. The stock lost -98.00% in the past year, while it has lost -98.10% so far this year. A look at the trailing 12-month EPS for AGIL yields -1.37 with Next year EPS estimates of -0.09. For the next quarter, that number is -0.08. This implies an EPS growth rate of -733.33% for this year and 76.32% for next year.
Float and Shares Shorts:
At present, 48.40 million AGIL shares are outstanding with a float of 32.67 million shares on hand for trading. On Oct 30, 2023, short shares totaled 1.02 million, which was 1.95% higher than short shares on Sep 28, 2023. In addition to Mr. Manuel Senderos Fernandez as the firm’s Chairman, CEO & President, Mr. Garduno Gonzalez Elizondo-Mauricio serves as its VP of Business Development & Director.
Institutional Ownership:
Through their ownership of 50.09% of AGIL’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 20.53% of AGIL, in contrast to 20.17% held by mutual funds. Shares owned by individuals account for 0.22%. As the largest shareholder in AGIL with 18.31% of the stake, Credit Suisse Asset Management LL holds 9,596,232 shares worth 9,596,232. A second-largest stockholder of AGIL, Ensign Peak Advisors, Inc., holds 856,948 shares, controlling over 1.64% of the firm’s shares. HRT Financial LLC is the third largest shareholder in AGIL, holding 81,719 shares or 0.16% stake. With a 0.16% stake in AGIL, the Clearwater Select Equity Fund is the largest stakeholder. A total of 83,424 shares are owned by the mutual fund manager. The Fidelity Nasdaq Composite Index F, which owns about 0.04% of AGIL stock, is the second-largest Mutual Fund holder. It holds 21,017 shares valued at 2081.0. Vanguard Invt. Fds. ICVC – US Equ holds 0.02% of the stake in AGIL, owning 9,119 shares worth 903.0.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AGIL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With AGIL analysts setting a high price target of $2.00 and a low target of $2.00, the average target price over the next 12 months is $2.00. Based on these targets, AGIL could surge 2400.0% to reach the target high and rise by 2400.0% to reach the target low. Reaching the average price target will result in a growth of 2400.0% from current levels.
Summary of Insider Activity:
Insiders traded AGIL stock several times over the past three months with 0 Buys and 1 Sells. In these transactions, 0 shares were bought while 279,600 shares were sold. The number of buy transactions has increased to 12 while that of sell transactions has risen to 42 over the past year. The total number of shares bought during that period was 98,127 while 926,237 shares were sold.