iClick Interactive Asia Group Ltd ADR (NASDAQ: ICLK)’s stock price has gone decline by -46.05 in comparison to its previous close of 2.53, however, the company has experienced a -58.00% decrease in its stock price over the last five trading days. Seeking Alpha reported 2022-11-30 that iClick Interactive Asia Group Limited (NASDAQ:ICLK ) Q3 2022 Results Conference Call November 30, 2022 8:00 AM ET Company Participants Lisa Li – IR Jian Tang – CEO David Zhang – CFO Conference Call Participants Nelson Cheung – Citi Thomas Chong – Jefferies Brian Kinstlinger – Alliance Global Partners Operator Hello, ladies and gentlemen. Thank you for standing by for iClick Interactive Asia Group Limited’s 2022 Third Quarter Unaudited Financial Results Conference Call.
Is It Worth Investing in iClick Interactive Asia Group Ltd ADR (NASDAQ: ICLK) Right Now?
Moreover, the 36-month beta value for ICLK is 0.39. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ICLK is 8.75M and currently, short sellers hold a 0.03% of that float. On April 26, 2024, ICLK’s average trading volume was 17.23K shares.
ICLK’s Market Performance
ICLK stock saw a decrease of -58.00% in the past week, with a monthly decline of -65.18% and a quarterly a decrease of -64.17%. The volatility ratio for the week is 14.77%, and the volatility levels for the last 30 days are 6.02% for iClick Interactive Asia Group Ltd ADR (ICLK). The simple moving average for the last 20 days is -62.21% for ICLK’s stock, with a simple moving average of -54.58% for the last 200 days.
Analysts’ Opinion of ICLK
Alliance Global Partners gave a rating of “Buy” to ICLK, setting the target price at $8.50 in the report published on January 27th of the previous year.
ICLK Trading at -63.81% from the 50-Day Moving Average
After a stumble in the market that brought ICLK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.96% of loss for the given period.
Volatility was left at 6.02%, however, over the last 30 days, the volatility rate increased by 14.77%, as shares sank -67.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -65.79% lower at present.
During the last 5 trading sessions, ICLK fell by -60.00%, which changed the moving average for the period of 200-days by -28.57% in comparison to the 20-day moving average, which settled at $3.48. In addition, iClick Interactive Asia Group Ltd ADR saw -64.36% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ICLK
Current profitability levels for the company are sitting at:
- -1.63 for the present operating margin
- -0.2 for the gross margin
The net margin for iClick Interactive Asia Group Ltd ADR stands at -1.43.
When we switch over and look at the enterprise to sales, we see a ratio of 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.38.
Conclusion
To wrap up, the performance of iClick Interactive Asia Group Ltd ADR (ICLK) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
