iClick Interactive Asia Group (NASDAQ:ICLK) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

iClick Interactive Asia Group Limited (NASDAQ:ICLK)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.31 and traded as high as $3.20. iClick Interactive Asia Group shares last traded at $3.09, with a volume of 53,776 shares traded.

iClick Interactive Asia Group Stock Performance

The business’s 50-day moving average price is $3.14 and its 200-day moving average price is $2.31.

Hedge Funds Weigh In On iClick Interactive Asia Group

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

iClick Interactive Asia Group Company Profile

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.