AGBA Stock Summary and Trading Ideas (Agba Group Holding Limited - Ordinary Share | NASDAQ:AGBA)

AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with financial, medical, and healthcare service options. The AGBA is an omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.

Agba Group Holding Limited - Ordinary Share trades on the NASDAQ stock market under the symbol AGBA.

As of April 19, 2024, AGBA stock price climbed to $1.25 with 104,786,714 million shares trading.

AGBA has a beta of 0.94, meaning it tends to be less sensitive to market movements. AGBA has a correlation of 0.02 to the broad based SPY ETF.

AGBA has a market cap of $93.64 million. This is considered a Micro Cap stock.

In the last 3 years, AGBA stock traded as high as $11.81 and as low as $.32.

AGBA stock has underperformed the market in the last year with a return of -36.9%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AGBA shares. However, AGBA has outperformed the market in the last 3 month and 2 week periods, returning +216.5% and +247.2%, while SPY returned +4.3% and -3.5%, respectively. This indicates AGBA has been having a stronger performance recently.

AGBA support price is $.94 and resistance is $1.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGBA stock will trade within this expected range on the day.