A number of other equities analysts also recently weighed in on ICLK. Roth Capital set a $7.00 target price on Iclick Interactive Asia Group and gave the company a buy rating in a report on Monday, August 26th. Zacks Investment Research downgraded Iclick Interactive Asia Group from a hold rating to a sell rating in a report on Wednesday, August 28th. Finally, Benchmark dropped their target price on Iclick Interactive Asia Group from $9.00 to $8.00 and set a buy rating on the stock in a report on Tuesday, August 27th.
NASDAQ ICLK traded down $0.06 on Wednesday, hitting $3.02. 7,350 shares of the company were exchanged, compared to its average volume of 76,385. The company’s 50 day moving average price is $3.38 and its 200-day moving average price is $3.90. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.45. The firm has a market capitalization of $177.80 million, a P/E ratio of -33.78 and a beta of 1.56. Iclick Interactive Asia Group has a twelve month low of $2.72 and a twelve month high of $5.90.
Iclick Interactive Asia Group (NASDAQ:ICLK) last posted its quarterly earnings data on Monday, August 26th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.01). The company had revenue of $49.35 million for the quarter, compared to analyst estimates of $48.00 million. Iclick Interactive Asia Group had a negative return on equity of 5.70% and a negative net margin of 20.49%. As a group, equities analysts expect that Iclick Interactive Asia Group will post -0.25 EPS for the current year.
A hedge fund recently bought a new stake in Iclick Interactive Asia Group stock. Measured Wealth Private Client Group LLC bought a new stake in Iclick Interactive Asia Group Ltd (NASDAQ:ICLK) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 315,500 shares of the company’s stock, valued at approximately $1,123,000. Iclick Interactive Asia Group accounts for approximately 0.7% of Measured Wealth Private Client Group LLC’s investment portfolio, making the stock its 24th largest position. Measured Wealth Private Client Group LLC owned about 0.59% of Iclick Interactive Asia Group as of its most recent SEC filing. Institutional investors own 0.31% of the company’s stock.
About Iclick Interactive Asia Group
iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in the People's Republic of China, Hong Kong, and internationally. The company offers mobile audience solutions, which are non-search engine marketing solutions designed to identify, engage, and activate audience on mobile apps, and monitor and measure the results of online marketing activities on such channels; and other solutions that focuses on identifying, engaging, and activating audience on non-mobile app content distribution channels comprising PC banner displays, PC video advertisements, and search engine marketing.
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