Does AgileThought Inc. (NASDAQ:AGIL) warrant a purchase right now? What to Consider Before Making a Decision

The stock of AgileThought Inc. (NASDAQ:AGIL) last traded at $0.17, up 14.42% from the previous session.

Data from the available sources indicates that AgileThought Inc. (NASDAQ:AGIL) is covered by 2 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $2.00 and a low of $2.00, we find $2.00. Given the previous closing price of $0.15, this indicates a potential upside of 1233.33 percent. AGIL stock price is now -68.94% away from the 50-day moving average and -92.56% away from the 200-day moving average. The market capitalization of the company currently stands at $9.07M.

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In total, 1 analysts have assigned it a hold rating, and 1 have given it a buy rating. Brokers who have rated the stock have averaged $2.00 as their price target over the next twelve months.

With the price target of $7, Canaccord Genuity recently initiated with Buy rating for AgileThought Inc. (NASDAQ: AGIL).

In other news, Fernandez Manuel Senderos, Chief Executive Officer sold 568 shares of the company’s stock on Feb 10. The stock was sold for $2,556 at an average price of $4.50. Upon completion of the transaction, the Chief Executive Officer now directly owns 4,996,904 shares in the company, valued at $0.85 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 09, Chief Executive Officer Fernandez Manuel Senderos sold 1,875 shares of the business’s stock. A total of $8,438 was realized by selling the stock at an average price of $4.50. This leaves the insider owning 4,997,472 shares of the company worth $0.85 million. Insiders disposed of 646,637 shares of company stock worth roughly $0.11 million over the past 1 year. A total of 6.90% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in AGIL stock. A new stake in AgileThought Inc. shares was purchased by SHAY CAPITAL LLC during the first quarter worth $8,000. BAKER TILLY WEALTH MANAGEMENT, LLC invested $2,000 in shares of AGIL during the first quarter. In the first quarter, TOWER RESEARCH CAPITAL LLC (TRC) acquired a new stake in AgileThought Inc. valued at approximately $2,000. In total, there are 37 active investors with 52.50% ownership of the company’s stock.

With an opening price of $0.1417 on Tuesday morning, AgileThought Inc. (NASDAQ: AGIL) set off the trading day. During the past 12 months, AgileThought Inc. has had a low of $0.12 and a high of $4.80. As of last week, the company has a debt-to-equity ratio of 3.12, a current ratio of 0.30, and a quick ratio of 0.30. The fifty day moving average price for AGIL is $0.5293 and a two-hundred day moving average price translates $2.2401 for the stock.

The latest earnings results from AgileThought Inc. (NASDAQ: AGIL) was released for Jun, 2023. According to the Information Technology Services Company, earnings per share came in at -$0.42, missing analysts’ expectations of -$0.09 by -0.33. This compares to -$0.08 EPS in the same period last year. The net profit margin was -41.20% and return on equity was -121.30% for AGIL. The company reported revenue of $38.33 million for the quarter, compared to $46.17 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -16.98 percent. For the current quarter, analysts expect AGIL to generate $40.93M in revenue.

AgileThought Inc.(AGIL) Company Profile

AgileThought, Inc. provides digital transformation services in the United States and Latin America. It offers organizational transformations, training and certifications, and product management services. The company provides application engineering and DEVOPS, cloud architecture and migration, data analytics, automation, application modernization, UX/UI design, artificial intelligence, and machine learning services. In addition, it offers lifecycle management support and multi cloud services. The company serves professional services, healthcare, pharmacy, financial services, energy, and utilities industries. AgileThought, Inc. was founded in 2000 and is headquartered in Irving, Texas. On August 28, 2023, AgileThought, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. It is in joint administration with A.N. Global Group Holdings LTD.

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