ICLK Stock Summary and Trading Ideas (Iclick Interactive Asia Group Limited - American Depositary Shares | NASDAQ:ICLK)

iClick Interactive Asia Group Ltd is an independent online marketing and enterprise data solutions provider in China. It serves as an integrated cross-channel gateway that provides marketers with innovative and cost-effective ways to optimize their online marketing efforts throughout their marketing cycle and achieve their branding and performance-based marketing goals. It has two operating segments: Marketing Solutions, and Enterprise Solutions. Geographically, it derives majority revenue from Mainland China and also has a presence in Hong Kong and other countries.

Iclick Interactive Asia Group Limited - American Depositary Shares trades on the NASDAQ stock market under the symbol ICLK.

As of May 16, 2024, ICLK stock price climbed to $1.29 with 50,773 million shares trading.

ICLK has a beta of 0.56, meaning it tends to be less sensitive to market movements. ICLK has a correlation of 0.00 to the broad based SPY ETF.

ICLK has a market cap of $12.77 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, ICLK stock traded as high as $123.30 and as low as $1.03.

ICLK has underperformed the market in the last year with a price return of -46.1% while the SPY ETF gained +29.6%. ICLK has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -66.1% and +1.6%, respectively, while the SPY returned +5.6% and +5.7%, respectively.

ICLK support price is $1.10 and resistance is $1.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ICLK stock will trade within this expected range on the day.