Iclick Interactive Asia Group (NASDAQ:ICLK) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, January 2nd.
Separately, Zacks Investment Research upgraded Iclick Interactive Asia Group from a “sell” rating to a “hold” rating in a research note on Tuesday, September 25th.
ICLK stock opened at $3.31 on Wednesday. Iclick Interactive Asia Group has a 52-week low of $2.72 and a 52-week high of $9.68. The firm has a market cap of $181.81 million and a PE ratio of -4.30.
Iclick Interactive Asia Group (NASDAQ:ICLK) last posted its quarterly earnings data on Wednesday, November 28th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.01. Iclick Interactive Asia Group had a negative return on equity of 8.74% and a negative net margin of 20.72%. The business had revenue of $42.59 million for the quarter, compared to analysts’ expectations of $41.54 million. Research analysts expect that Iclick Interactive Asia Group will post -0.32 EPS for the current fiscal year.
An institutional investor recently bought a new position in Iclick Interactive Asia Group stock. Jane Street Group LLC acquired a new stake in Iclick Interactive Asia Group Ltd (NASDAQ:ICLK) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 120,071 shares of the company’s stock, valued at approximately $762,000. Jane Street Group LLC owned about 0.23% of Iclick Interactive Asia Group as of its most recent SEC filing. 0.81% of the stock is currently owned by institutional investors and hedge funds.
Iclick Interactive Asia Group Company Profile
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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