In the last trading session, 1,125,363 shares of the iClick Interactive Asia Group Limited(NASDAQ:ICLK) were traded, and its beta was 0. Most recently the company’s share price was $16.25, and it changed around $0.17 or 0.01% from the last close, which brings the market valuation of the company to $1.49 Billion. ICLK currently trades at a discount to its 52-week high of $19.1, offering almost -17.54% off that amount. The share price’s 52-week low was $3.86, which indicates that the current value has risen by an impressive 76.25% since then. We note from iClick Interactive Asia Group Limited’s average daily trading volume that its 10-day average is 1.17 Million shares, with the 3-month average coming to 1.8 Million.
iClick Interactive Asia Group Limited stock received a consensus recommendation rating of Buy, based on a mean score of 1.7. If we narrow it down even further, the data shows that none out of 5 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended ICLK as a Hold, whereas 5 deemed it a Buy, and no one rated it as Underweight. iClick Interactive Asia Group Limited is expected to report earnings per share of $0.01 for the current quarter.
iClick Interactive Asia Group Limited (NASDAQ:ICLK): Trading Information
Instantly ICLK has showed a green trend with a performance of 1.06% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $18.22 on Tuesday, Feb 16 increased the stock’s daily price by 10.81%. The company’s shares are currently up 0.9% year-to-date, but still down -0.0772 over the last five days. On the other hand, iClick Interactive Asia Group Limited (NASDAQ:ICLK) is 0.17% up in the 30-day period. We can see from the shorts that 734.46 Million shares have been sold at a short interest cover period of 408.03 day(s).
The consensus price target as assigned by Wall Street analysts is $20.56, which translates to bears needing to increase their stock price by 26.52% from its current value. Analyst projections state that ICLK is forecast to be at a low of $17.4 and a high of $24. In order for the stock price to hit the forecast high, the stock would need to surge +47.69% from its current level, while the stock would need to crash 7.08% from its current level to reach the projected low.
iClick Interactive Asia Group Limited (ICLK) projections and forecasts
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of $74.89 Million in revenue for the current quarter. 1 analysts expect iClick Interactive Asia Group Limited to make $61.45 Million in revenue for the quarter ending March 01, 2021. The company’s sales for the same quarters a year ago were $56.67 Million and $49.03 Million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 32.1%. Forecasts for the next quarter put sales growth at 25.3%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. iClick Interactive Asia Group Limited earnings are expected to increase by 72.6% in 2021, but the outlook is negative 0% per year for the next five years.
iClick Interactive Asia Group Limited (NASDAQ:ICLK)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 0% of iClick Interactive Asia Group Limited shares, and 37.2% of them are in the hands of institutional investors. The stock currently has a share float of 37.2%. iClick Interactive Asia Group Limited stock is held by 77 institutions, with FIL LTD being the largest institutional investor. By Dec 30, 2020, it held 6.31% of the shares, which is about 5.19 Million shares worth $44.28 Million.
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Baillie Gifford and Company, with 6.06% or 4.98 Million shares worth $42.55 Million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.