iClick Interactive Asia Group (ICLK) to Release Earnings on Wednesday

iClick Interactive Asia Group (NASDAQ:ICLKGet Rating) will issue its quarterly earnings data before the market opens on Wednesday, November 30th.

iClick Interactive Asia Group (NASDAQ:ICLKGet Rating) last posted its earnings results on Thursday, August 25th. The company reported ($1.50) earnings per share for the quarter. iClick Interactive Asia Group had a negative net margin of 24.94% and a negative return on equity of 10.47%. The business had revenue of $38.08 million for the quarter.

iClick Interactive Asia Group Stock Performance

Shares of NASDAQ ICLK opened at $2.47 on Wednesday. The stock has a fifty day moving average price of $2.92 and a 200 day moving average price of $4.96. iClick Interactive Asia Group has a 12-month low of $2.10 and a 12-month high of $71.02. The company has a market cap of $24.36 million, a P/E ratio of -0.40 and a beta of 0.24.

Hedge Funds Weigh In On iClick Interactive Asia Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ICLK. HighTower Advisors LLC lifted its stake in shares of iClick Interactive Asia Group by 147.1% in the first quarter. HighTower Advisors LLC now owns 33,565 shares of the company’s stock worth $39,000 after acquiring an additional 19,982 shares in the last quarter. Citigroup Inc. purchased a new position in shares of iClick Interactive Asia Group during the 1st quarter valued at approximately $45,000. UBS Group AG grew its position in shares of iClick Interactive Asia Group by 1,024.6% during the second quarter. UBS Group AG now owns 56,329 shares of the company’s stock worth $38,000 after buying an additional 51,320 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of iClick Interactive Asia Group in the first quarter worth $67,000. Finally, Envestnet Asset Management Inc. raised its holdings in iClick Interactive Asia Group by 107.5% in the first quarter. Envestnet Asset Management Inc. now owns 66,168 shares of the company’s stock valued at $78,000 after acquiring an additional 34,283 shares in the last quarter. 23.41% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Benchmark downgraded iClick Interactive Asia Group from a “buy” rating to a “hold” rating in a report on Thursday, August 25th.

iClick Interactive Asia Group Company Profile

(Get Rating)

iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in the People's Republic of China and internationally. It offers iAudience, an audience identification solution that allows marketers to search, identify, and customize their targeted audience to generate or enhance brand awareness; iAccess and iActivation, an audience engagement and activation solution tailored for brand awareness-driven and performance-driven campaigns; and iNsights, an online campaign results monitoring and measurement solution.

Further Reading

Earnings History for iClick Interactive Asia Group (NASDAQ:ICLK)

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