The stock price of iClick Interactive Asia Group Ltd ADR (NASDAQ: ICLK) has jumped by 16.07 compared to previous close of 3.36. Despite this, the company has seen a gain of 24.80% in its stock price over the last five trading days. prnewswire.com reported 2024-09-30 that HONG KONG , Sept. 30, 2024 /PRNewswire/ — iClick Interactive Asia Group Limited (“iClick” or the “Company”) (NASDAQ: ICLK), a renowned marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced that it has appointed WWC, P.C.
Is It Worth Investing in iClick Interactive Asia Group Ltd ADR (NASDAQ: ICLK) Right Now?
Moreover, the 36-month beta value for ICLK is 0.54. 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.”
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The public float for ICLK is 8.75M and currently, short sellers hold a 0.25% of that float. On November 21, 2024, ICLK’s average trading volume was 26.07K shares.
ICLK’s Market Performance
The stock of iClick Interactive Asia Group Ltd ADR (ICLK) has seen a 24.80% increase in the past week, with a 20.37% rise in the past month, and a 22.64% gain in the past quarter. The volatility ratio for the week is 10.81%, and the volatility levels for the past 30 days are at 6.39% for ICLK. The simple moving average for the past 20 days is 19.53% for ICLK’s stock, with a 41.64% simple moving average for the past 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 21.76% 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 -2.74% of loss for the given period.
Volatility was left at 6.39%, however, over the last 30 days, the volatility rate increased by 10.81%, as shares surge +25.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.22% upper at present.
During the last 5 trading sessions, ICLK rose by +24.80%, which changed the moving average for the period of 200-days by +1.30% in comparison to the 20-day moving average, which settled at $3.26. In addition, iClick Interactive Asia Group Ltd ADR saw 1.83% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ICLK
Current profitability levels for the company are sitting at:
- -0.39 for the present operating margin
- 0.27 for the gross margin
The net margin for iClick Interactive Asia Group Ltd ADR stands at -0.25. The total capital return value is set at -0.9.
Currently, EBITDA for the company is -35.55 million with net debt to EBITDA at 0.4. When we switch over and look at the enterprise to sales, we see a ratio of 0.31. The receivables turnover for the company is 1.73for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
To wrap up, the performance of iClick Interactive Asia Group Ltd ADR (ICLK) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
