An Important Test for iClick Interactive Asia Group Limited (ICLK), Central Puerto S.A. (CEPU)

The stocks of iClick Interactive Asia Group Limited (NASDAQ:ICLK) has been Initiated to Buy by The Benchmark Company in its latest research note that was published on June 19. ICLK was given a price target of $14, with other Wall Street analysts also giving their reports regarding the stock. The stock also received a Buy rating from ROTH Capital with the price target of $10. This was contained in a research note published by the firm on February 01.

iClick’s stock is covered by 2 analysts, with 2 of them rating the stock as Buy. It has been deemed to have strong buy by none of the analysts, none of them have rated it as a Hold while none of them rated it as sell. Meanwhile, none analyst(s) rated it as a sell. The above data shows that ICLK has an average analyst rating of Buy.

iClick Interactive Asia Group Limited, which has current market capitalization of above $186 Million, published its last quarter earnings on June 30, 2019. The company was able to amass $49 Million in revenue, which saw a quarterly growth rate of 16.77 percent. During that quarter of the year, iClick also recorded $-0.06 earnings per share (EPS) which is $-0.01 above the $-0.05 estimated by the analysts, leading to a surprise factor of -20%.

ICLK surged by $0.09 during the normal trading session on Monday and reaching a high of $3.35 during the day while it closed the day at $3.30. The iClick stock had a low trading volume of 0.14 million shares on that day, which is low compared to the average daily volume of 80.27M shares. ICLK has also gained 2.48% of its value over the past 7 days. However, the stock has surged by 5.10% in the 3 months of the year. Over the past six months meanwhile, it has lost 16.24% while it has lost 2.08% year-on date.

Shares in Central Puerto S.A. (NYSE:CEPU) started unchanged on on Monday. The company’s stock began trading at $3.17 below the previous closing price of $3.17, and finished the day at $3.05. Let us now take a look at the stock’s potential support and resistance levels. The publicly traded company was seen to have slipped by -23.21% from its 3 months high price. However, taking another look at CEPU will indicate that it is trading +21.03% away from its 90-day low. Looking at the bigger picture, the Central Puerto S.A. stock has dropped by -73.18% from its 52-week high while it has surged by +21.03% from its 52-week low price.

Let us now take a quick look at the stock’s short, medium and long-term indicators. Composite Indicator shows that CEPU stock was rated as a Buy by TrendSpotter. Its short-term indicators reveal that Central has a 20-day average volume of 316130 shares. This has led to the CEPU price forecast being placed as a 50%Sell on an average basis. In the medium term, however, the CEPU stock has its 50-Day average volume of 284244 shares, with the indicators also rating it as a 75%Sell. Finally, in the long-term, the CEPU stocks have a 100-Day average volume of 443545 shares, with the long-term indicators rating the stock as just 100%Sell.

Looking at the stock’s Technical analysis information over the past 50 days shows that its Raw Stochastic average stood at 42.16%. This figure is worse than the company’s 20-day Raw Stochastic average which currently stands at 42.16%. Over the past 20 days, Central’s Stochastic %K stood at 47.06% while its Stochastic %D was revealed to be 54.03%.