Click (NASDAQ:CLIK) Stock Price Down 1.7% – Time to Sell?

Click Holdings Limited (NASDAQ:CLIK)’s share price dropped 1.7% during trading on Wednesday. The company traded as low as $1.12 and last traded at $1.17. 22,980 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 426,022 shares. The stock had previously closed at $1.19.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Wall Street Zen upgraded shares of Click to a “hold” rating in a research note on Saturday, June 13th. Weiss Ratings restated a “sell (d)” rating on shares of Click in a research report on Monday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Click currently has a consensus rating of “Sell”.

Click Stock Down 1.7%

The stock has a 50 day simple moving average of $1.38 and a 200 day simple moving average of $1.80.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Click stock. Renaissance Technologies LLC acquired a new position in shares of Click Holdings Limited (NASDAQ:CLIK) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 14,200 shares of the company’s stock, valued at approximately $25,000. Renaissance Technologies LLC owned about 1.23% of Click at the end of the most recent reporting period.

About Click

Click Holdings Limited (NASDAQ: CLIK) is a marketing and advertising company that provides digital marketing solutions to businesses. Its services are focused on helping clients promote their brands, products and services through online channels.

The company’s activities include planning and executing digital advertising campaigns, developing marketing content and supporting customer engagement across digital media platforms. Click works with businesses seeking to improve brand awareness and reach targeted audiences.

Click Holdings Limited operates through subsidiaries and serves clients in the Asia-Pacific region.