The company’s shares closed last Monday at $3.30.
According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 12.7% and a 48.0% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine, The Meet Group, and Mitek Systems.
ICLICK INTERACTIVE ASIA GROUP has an analyst consensus of Moderate Buy, with a price target consensus of $7.48, implying a 128.7% upside from current levels. In a report issued on December 5, Jefferies also initiated coverage with a Buy rating on the stock with a $7.96 price target.
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Based on ICLICK INTERACTIVE ASIA GROUP’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $1.41 million. In comparison, last year the company had a GAAP net loss of $21.63 million.
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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.
