iClick Interactive Asia Group (NASDAQ:ICLK) Shares Pass Above 200-Day Moving Average – Here’s Why

Shares of iClick Interactive Asia Group Limited (NASDAQ:ICLK) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.35 and traded as high as $3.30. iClick Interactive Asia Group shares last traded at $3.29, with a volume of 29,651 shares traded.

iClick Interactive Asia Group Stock Performance

The firm’s 50-day simple moving average is $3.12 and its two-hundred day simple moving average is $2.36.

Institutional Investors Weigh In On iClick Interactive Asia Group

A hedge fund recently bought a new stake in iClick Interactive Asia Group stock. Black Maple Capital Management LP purchased a new stake in shares of iClick Interactive Asia Group Limited (NASDAQ:ICLK) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 13,334 shares of the company’s stock, valued at approximately $53,000. Black Maple Capital Management LP owned about 0.13% of iClick Interactive Asia Group as of its most recent filing with the SEC.

About iClick Interactive Asia Group

iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in Mainland China, Hong Kong, and internationally. It operates through two segments, Marketing Solutions and Enterprise Solutions. The company offers iAudience, a market intelligence platform that provides real-time insights of the target audiences and competitive landscapes that allows enterprises to explore potential market opportunities and drive long-term business growth; iNsights 2.0, a marketing analytics platform that provides marketers with in-depth analyses, including conversion path analysis, cross-channel effectiveness analysis, and e-commerce analysis; iParllay, a social commerce platform that offers customer management and marketing automation capabilities; iSCRM, a WeChat social customer relationship management that provides enterprises with WeChat private traffic management and operation; and iAccess, an audience engagement and activation solution tailored for brand awareness-driven and performance-driven campaigns.