The stock of AgileThought Inc. (NASDAQ:AGIL) decreased by -$0.01 on Wednesday to $0.16, down -4.58 percent. The last five days have seen an average of 4,490,212 shares of common stock traded. 16 times new highs were reached in the current year, with a fall of -$4.0370. The average number of shares traded over the last 20 days was 12,073,733, while the average volume over the last 50 days totaled 5,005,693.
AGIL stock dropped -47.72% since last month. On 09/11/23, the company’s shares reached a one-month low of $0.1220. The stock touched a high of $4.80 on 02/02/23, after rallying from a low of $0.12 in 52 weeks. The price of AGIL stock has declined by -96.18% or -$4.0370 this year, reaching a new high 16 times. Still, the stock price is down -96.66% from the 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
Insider Transactions
AGIL stock investors should be aware that AgileThought Inc. (AGIL) stock had its last reported insider trading activity 222 days ago on Feb 10. On Feb 10, Chief Executive Officer Fernandez Manuel Senderos sold 568 shares at $4.50 each. This transaction resulted in the insider making $2,556. On Feb 09, Fernandez Manuel Senderos sold 1,875 shares at a price of US$4.50. After the transaction, the insider now owns 4,997,472 shares. Chief Executive Officer Fernandez Manuel Senderos had earlier sold 2,563 shares on Feb 08 for $4.50 a share. The transaction was completed for $11,534.
Valuation Metrics
Beta for the stock is -0.06. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.05, the price-to-book (PB) ratio of 0.27.
Financial Health
For the three months ended June 29, AgileThought Inc.’s quick ratio was 0.30, while its current ratio was 0.30, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.01, and the total debt to equity ratio is 3.12. As far as profitability goes, gross margin for the trailing twelve months is 33.00% percent. AgileThought Inc.’s EBITDA margin for the year ended June 29 was 3.47%, whereas its operating margin stood at -26.10% for the same period. Based on annual data, it had gross profit of $57.69 million and revenue of $176.85 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. AGIL’s return on assets (ROA) during the last 12 months has been -33.90%. There was a -4.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -121.30%.
Earnings Surprise
According to AgileThought Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $38.29 million, while revenues fell by -18.54% to $41.3 million. It was predicted that AgileThought Inc.’s quarterly earnings would be -$0.42, but it ended up being -$0.09, beating the consensus by -366.70%. EBITDA was $2.6 million for the quarter. At the end of AgileThought Inc.’s most recent quarter ended June 29, its liabilities totaled 157.36 million, while its total debt was $95.07 million. Equity owned by shareholders amounts to $52.4 million.
Technical Picture
Here’s a quick look at AgileThought Inc.’s (AGIL) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 39.17%, suggesting the stock is Neutral, with a 123.00% historical volatility rate.
The stochastic %K and %D were 25.05% and 17.50% respectively, while the average true range (ATR) was 0.0503. Based on the 14-day stochastic reading of 38.25%, the RSI (14) reading is 35.85%. On the 9-day MACD Oscillator, the stock is at 0.0125.
Analyst Ratings
In its analyst report released on December 09, 2022, Canaccord Genuity began covering AgileThought Inc. (NASDAQ: AGIL). The stock was rated as a Buy by the brokerage firm. Analysts have assigned AgileThought Inc. (AGIL) an Overweight rating. AGIL is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.
What is AGIL’s price target for the next 12 months?
The current consensus forecast for the stock is between $2.00 and $2.00, with a median target price of $2.00. In analyzing these forecasts, the average price target given by analysts for AgileThought Inc. (AGIL) is $2.00.
