iClick Interactive Asia Group (NASDAQ:ICLK) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Shares of iClick Interactive Asia Group Limited (NASDAQ:ICLK) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $7.42 and traded as high as $9.97. iClick Interactive Asia Group shares last traded at $9.43, with a volume of 148,014 shares changing hands.

iClick Interactive Asia Group Trading Up 12.3 %

The stock’s fifty day moving average price is $8.95 and its two-hundred day moving average price is $7.47.

Institutional Investors Weigh In On iClick Interactive Asia Group

An institutional investor recently bought a new position in iClick Interactive Asia Group stock. Schonfeld Strategic Advisors LLC acquired a new stake in iClick Interactive Asia Group Limited (NASDAQ:ICLK) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 35,154 shares of the company’s stock, valued at approximately $329,000. Schonfeld Strategic Advisors LLC owned approximately 0.35% of iClick Interactive Asia Group as of its most recent SEC filing.

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.