Roth Capital Remains a Buy on ICLICK INTERACTIVE ASIA GROUP LTD (ICLK)


Roth Capital analyst Darren Aftahi maintained a Buy rating on ICLICK INTERACTIVE ASIA GROUP LTD (ICLK) today and set a price target of $8. The company’s shares opened today at $3.89.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 15.1% and a 52.6% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ICLICK INTERACTIVE ASIA GROUP LTD with a $8 average price target.

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Based on ICLICK INTERACTIVE ASIA GROUP LTD’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $7.93 million. In comparison, last year the company had a GAAP net loss of $113K.

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iClick Interactive Asia Group Ltd. is a holding company, engages in the provision of online marketing and data technology platform. Its 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 personal computer and mobile devices. It operates through the following geographical segment: People’s Park of China (PRC), Hong Kong, and Others. The company was founded by Wing Hong Hsieh, Ricky Ng, and Jian Tang on 2009 and is headquartered in Hong Kong.

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