AgileThought Inc (NASDAQ:AGIL) shares traded 137.35% higher at $0.20 on Wall Street last session.
In accordance with the data, 2 analysts cover AgileThought Inc (NASDAQ:AGIL). 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 $0.08, this indicates a potential upside of 2400.0 percent. AGIL stock price is now 49.73% away from the 50-day moving average and -85.42% away from the 200-day moving average. The market capitalization of the company currently stands at $10.32M.
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It has been rated a hold by 1 analysts and a buy by 1. 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, Rossi Alexander R., Director sold 279,600 shares of the company’s stock on Sep 22. The stock was sold for $50,328 at an average price of $0.18. Upon completion of the transaction, the Director now directly owns 3,093 shares in the company, valued at $618.6. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 10, Chief Executive Officer Fernandez Manuel Senderos sold 568 shares of the business’s stock. A total of $2,556 was realized by selling the stock at an average price of $4.50. This leaves the insider owning 4,996,904 shares of the company worth $1.0 million. Insiders disposed of 926,237 shares of company stock worth roughly $0.19 million over the past 1 year. A total of 37.66% of the company’s stock is owned by insiders.
AgileThought Inc (NASDAQ: AGIL) opened at $0.1495 on Wednesday. During the past 12 months, AgileThought Inc has had a low of $0.06 and a high of $4.68. As of last week, the company has a debt-to-equity ratio of 0.52, a current ratio of 0.65, and a quick ratio of 0.65. The fifty day moving average price for AGIL is $0.1315 and a two-hundred day moving average price translates $1.3508 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 -41.19% and return on equity was -56.23% 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.
