AGBA Group Holding Limited [AGBA] Revenue clocked in at $40.10 million, down -50.13% YTD: What’s Next?

AGBA Group Holding Limited [NASDAQ: AGBA] traded at a high on 09/08/23, posting a 8.32 gain after which it closed the day’ session at $0.77. The company report on September 7, 2023 at 5:00 PM that AGBA Group Announces $50 Million Equity Purchase Agreement.

The equity facility will enhance AGBA Group’s capitalization and financing flexibility, in addition to other alternatives available to us, to effectively execute our growth strategies to deliver value to all of our shareholders and other stakeholders.

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The results of the trading session contributed to over 13420452 shares changing hands. Over the past one week, the price volatility of AGBA Group Holding Limited stands at 13.58% while the volatility over the past one month is 11.61%.

The market cap for AGBA stock reached $47.80 million, with 67.46 million shares outstanding and 11.12 million shares in the current float. Compared to the average trading volume of 431.25K shares, AGBA reached a trading volume of 13420452 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about AGBA Group Holding Limited [AGBA]?

The Average True Range (ATR) for AGBA Group Holding Limited is set at 0.09, with the Price to Sales ratio for AGBA stock in the period of the last 12 months amounting to 1.19.

How has AGBA stock performed recently?

AGBA Group Holding Limited [AGBA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.90. With this latest performance, AGBA shares dropped by -13.51% in over the last four-week period, additionally sinking by -63.43% over the last 6 months – not to mention a drop of -93.23% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AGBA stock in for the last two-week period is set at 44.40, with the RSI for the last a single of trading hit 54.70, and the three-weeks RSI is set at 40.23 for AGBA Group Holding Limited [AGBA]. The present Moving Average for the last 50 days of trading for this stock 1.0374, while it was recorded at 0.6950 for the last single week of trading, and 1.8572 for the last 200 days.

AGBA Group Holding Limited [AGBA]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and AGBA Group Holding Limited [AGBA] shares currently have an operating margin of -90.77 and a Gross Margin at +35.55. AGBA Group Holding Limited’s Net Margin is presently recorded at -143.24.

Return on Total Capital for AGBA is now -120.33, given the latest momentum, and Return on Invested Capital for the company is -235.89. Return on Equity for this stock declined to -235.89, with Return on Assets sitting at -62.78. When it comes to the capital structure of this company, AGBA Group Holding Limited [AGBA] has a Total Debt to Total Equity ratio set at 107.88. Additionally, AGBA Total Debt to Total Capital is recorded at 51.89, with Total Debt to Total Assets ending up at 4.42.

Reflecting on the efficiency of the workforce at the company, AGBA Group Holding Limited [AGBA] managed to generate an average of -$292,899 per employee. Receivables Turnover for the company is 13.93 with a Total Asset Turnover recorded at a value of 0.44.AGBA Group Holding Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.60.

Insider trade positions for AGBA Group Holding Limited [AGBA]

The top three institutional holders of AGBA stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in AGBA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in AGBA stock with ownership which is approximately 5.7381%.

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