Wall Street analysts’ outlook for AGBA Group Holding Limited (AGBA)

With 2.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 11.92 million shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $3.295 whereas the lowest price it dropped to was $2.74. The 52-week range on AGBA shows that it touched its highest point at $4.29 and its lowest point at $0.32 during that stretch.

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 AGBA was down-trending over the past week, with a drop of -19.59%, but this was up by 603.14% over a month. Three-month performance surged to 537.02% while six-month performance rose 477.73%. The stock gained 56.25% in the past year, while it has gained 466.43% so far this year.

Float and Shares Shorts:

At present, 74.39 million AGBA shares are outstanding with a float of 74.39 million shares on hand for trading. On 2024-04-30, short shares totaled 1.55 million, which was 209.0 higher than short shares on 1711584000. In addition to Mr. Robert Edward Diamond Jr. as the firm’s Executive Chairman, Mr. Wing Fai Ng serves as its CEO & Executive Director.

Institutional Ownership:

Through their ownership of 0.00085 of AGBA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, AGBA reported revenue of $12805622.0 and operating income of -$14914633.0. The EBITDA in the recently reported quarter was -$14928304.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AGBA 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.