Iclick Interactive Asia Group (ICLK) – Research Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Iclick Interactive Asia Group (NASDAQ: ICLK) in the last few weeks:

  • 8/15/2019 – Iclick Interactive Asia Group was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 8/3/2019 – Iclick Interactive Asia Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “iClick Interactive Asia Group Limited provides an online marketing technology platform. The Company offer digital marketing, data analysis, display solutions, software development and other services. iClick Interactive Asia Group Limited is based in HONG KONG. “
  • 8/1/2019 – Iclick Interactive Asia Group was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 7/31/2019 – Iclick Interactive Asia Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $4.00 price target on the stock. According to Zacks, “iClick Interactive Asia Group Limited provides an online marketing technology platform. The Company offer digital marketing, data analysis, display solutions, software development and other services. iClick Interactive Asia Group Limited is based in HONG KONG. “
  • 7/2/2019 – Iclick Interactive Asia Group was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.

Shares of Iclick Interactive Asia Group stock opened at $3.10 on Tuesday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.01. The company has a market cap of $173.81 million, a PE ratio of -34.44 and a beta of 1.55. The business has a 50 day moving average of $3.59 and a 200 day moving average of $4.09. Iclick Interactive Asia Group Ltd has a 52 week low of $2.72 and a 52 week high of $6.49.

Iclick Interactive Asia Group (NASDAQ:ICLK) last released its earnings results on Wednesday, May 29th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.03. Iclick Interactive Asia Group had a negative return on equity of 3.76% and a negative net margin of 20.99%. The firm had revenue of $39.22 million for the quarter, compared to analysts’ expectations of $40.10 million. On average, research analysts anticipate that Iclick Interactive Asia Group Ltd will post -0.19 earnings per share for the current year.

An institutional investor recently bought a new position in Iclick Interactive Asia Group stock. Measured Wealth Private Client Group LLC bought a new position in Iclick Interactive Asia Group Ltd (NASDAQ:ICLK) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 315,500 shares of the company’s stock, valued at approximately $1,123,000. Iclick Interactive Asia Group comprises about 0.7% of Measured Wealth Private Client Group LLC’s portfolio, making the stock its 24th largest position. Measured Wealth Private Client Group LLC owned approximately 0.59% of Iclick Interactive Asia Group as of its most recent SEC filing. Institutional investors own 0.31% of the company’s stock.

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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