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

iClick Interactive Asia Group Limited (NASDAQ:ICLK) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.50 and traded as high as $9.97. iClick Interactive Asia Group shares last traded at $9.43, with a volume of 148,014 shares traded.

iClick Interactive Asia Group Stock Performance

The company has a 50 day simple moving average of $8.43 and a two-hundred day simple moving average of $6.50.

Institutional Investors Weigh In On iClick Interactive Asia Group

A hedge fund recently bought a new stake in iClick Interactive Asia Group stock. Schonfeld Strategic Advisors LLC purchased a new stake in shares of iClick Interactive Asia Group Limited (NASDAQ:ICLK) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 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 at the end of the most recent quarter.

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.