iClick Interactive Asia Group (NASDAQ:ICLK) Shares Pass Above 200 Day Moving Average of $2.19

iClick Interactive Asia Group Limited (NASDAQ:ICLK) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.19 and traded as high as $2.29. iClick Interactive Asia Group shares last traded at $2.24, with a volume of 40,520 shares.

iClick Interactive Asia Group Stock Up 14.3 %

The company has a market capitalization of $22.42 million, a price-to-earnings ratio of -0.36 and a beta of 0.11. The stock has a fifty day moving average price of $1.98 and a two-hundred day moving average price of $2.19.

Institutional Investors Weigh In On iClick Interactive Asia Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC grew its position in shares of iClick Interactive Asia Group by 31.9% in the first quarter. Renaissance Technologies LLC now owns 64,903 shares of the company’s stock valued at $236,000 after purchasing an additional 15,700 shares during the period. HighTower Advisors LLC grew its position 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 valued at $39,000 after purchasing an additional 19,982 shares during the period. State Street Corp grew its position in shares of iClick Interactive Asia Group by 10.5% in the first quarter. State Street Corp now owns 350,281 shares of the company’s stock valued at $413,000 after purchasing an additional 33,405 shares during the period. Envestnet Asset Management Inc. grew its position in shares of 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 purchasing an additional 34,283 shares during the period. Finally, Citigroup Inc. purchased a new stake in shares of iClick Interactive Asia Group in the first quarter valued at $45,000. Hedge funds and other institutional investors own 65.80% 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 and internationally. The company offers iAudience, a market intelligence platform to provide real-time insights of the target audiences and competitive landscapes, which allows enterprises to explore potential market opportunities and drive long-term business growth; iAccess, an audience engagement and activation solution tailored for brand awareness-driven and performance-driven campaigns; iNsights 2.0, a marketing analytics platform that provides marketers with in-depth analyses, including conversion path analysis, cross-channel effectiveness analysis, and E-commerce analysis; iSCRM, a WeChat social customer relationship management that provides enterprises with WeChat private traffic management and operation; and iParllay, a social commerce platform that enhances customer management and marketing automation capabilities.