Iclick Interactive Asia Group (NASDAQ:ICLK) Issues Quarterly Earnings Results

Iclick Interactive Asia Group (NASDAQ:ICLK) posted its quarterly earnings data on Tuesday. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.01, Yahoo Finance reports. Iclick Interactive Asia Group had a negative net margin of 20.49% and a negative return on equity of 5.70%. Iclick Interactive Asia Group updated its FY 2019
Pre-Market guidance to EPS and its Q4 2019
Pre-Market guidance to EPS.

Iclick Interactive Asia Group stock opened at $3.22 on Wednesday. The company’s fifty day simple moving average is $3.12 and its 200-day simple moving average is $3.40. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. Iclick Interactive Asia Group has a 12 month low of $2.73 and a 12 month high of $5.90. The stock has a market cap of $190.25 million, a P/E ratio of -35.78 and a beta of 1.57.

Several equities analysts have recently commented on ICLK shares. Benchmark lowered their price target on shares of 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. Zacks Investment Research upgraded shares of Iclick Interactive Asia Group from a “sell” rating to a “hold” rating in a report on Tuesday, October 29th. Roth Capital set a $7.00 price target on shares of Iclick Interactive Asia Group and gave the company a “buy” rating in a report on Monday, August 26th. Finally, ValuEngine upgraded shares of Iclick Interactive Asia Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st.

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

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