Positive Press Coverage Somewhat Unlikely to Affect Iclick Interactive Asia Group (ICLK) Stock Price
News headlines about Iclick Interactive Asia Group (NASDAQ:ICLK) have been trending positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Iclick Interactive Asia Group earned a media sentiment score of 0.41 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.8460443849646 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Contrasting Iclick Interactive Asia Group (ICLK) & Its Peers (americanbankingnews.com)
- Two Early Stage iClick Investors Depart Board of Directors (finance.yahoo.com)
- Iclick Interactive Asia Group (ICLK) vs. Its Competitors Critical Contrast (americanbankingnews.com)
- Iclick Interactive Asia Group (ICLK) vs. Its Peers Head to Head Contrast (americanbankingnews.com)
Several equities analysts have weighed in on the company. Zacks Investment Research raised Iclick Interactive Asia Group from a “sell” rating to a “buy” rating and set a $9.50 target price on the stock in a research note on Thursday, May 31st. Benchmark assumed coverage on Iclick Interactive Asia Group in a research note on Tuesday, June 19th. They set a “buy” rating on the stock.
Iclick Interactive Asia Group (NASDAQ:ICLK) last announced its quarterly earnings results on Thursday, August 23rd. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.01. The firm had revenue of $42.70 million for the quarter, compared to analyst estimates of $40.34 million. equities research analysts predict that Iclick Interactive Asia Group will post -0.09 EPS for the current year.
Iclick Interactive Asia Group Company Profile
iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in the People's Republic of China, Hong Kong, and internationally. The company offers mobile audience solutions, which are non-search engine marketing solutions designed to identify, engage, and activate audience on mobile apps, and monitor and measure the results of online marketing activities on such channels; and other solutions that focuses on identifying, engaging, and activating audience on non-mobile app content distribution channels comprising PC banner displays, PC video advertisements, and search engine marketing.
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