Zacks Investment Research lowered shares of Iclick Interactive Asia Group (NASDAQ:ICLK) from a hold rating to a sell rating in a research report released on Wednesday morning.
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. “
Separately, Roth Capital started coverage on shares of Iclick Interactive Asia Group in a report on Thursday, February 1st. They issued a buy rating and a $10.00 target price for the company.
Shares of ICLK stock opened at $7.85 on Wednesday. Iclick Interactive Asia Group has a 1 year low of $5.05 and a 1 year high of $11.40. The firm has a market cap of $379.44 and a PE ratio of -10.19.
Iclick Interactive Asia Group (NASDAQ:ICLK) last issued its earnings results on Wednesday, March 28th. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.29). The company had revenue of $39.76 million for the quarter, compared to the consensus estimate of $31.71 million. sell-side analysts forecast that Iclick Interactive Asia Group will post -0.2 earnings per share for the current year.
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About Iclick Interactive Asia Group
iClick Interactive Asia Group Limited is an online marketing technology company. The Company serves as an integrated cross-channel gateway that provides marketers ways to optimize their online marketing cycle. Its integrated data-driven solutions help marketers identify, engage and activate potential customers, monitor and measure the results of marketing campaigns, and create content catering to potential customers across different content distribution channels through both PC and mobile devices.
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