Amber International (NASDAQ:AMBR) Issues Quarterly Earnings Results

Amber International (NASDAQ:AMBR) posted its earnings results on Wednesday. The company reported $0.03 EPS for the quarter, Zacks reports.

Amber International Stock Up 56.3%

NASDAQ:AMBR opened at $2.47 on Thursday. The stock has a market capitalization of $25.05 million, a P/E ratio of 247.00 and a beta of 0.46. The stock has a fifty day moving average price of $2.40. Amber International has a 1 year low of $1.23 and a 1 year high of $13.09.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AMBR. Wall Street Zen downgraded Amber International from a “hold” rating to a “sell” rating in a research report on Friday, August 22nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Amber International in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Amber International has an average rating of “Sell”.

Institutional Investors Weigh In On Amber International

Large investors have recently added to or reduced their stakes in the company. Two Sigma Investments LP bought a new stake in Amber International in the 3rd quarter valued at about $42,000. Qube Research & Technologies Ltd bought a new stake in shares of Amber International in the third quarter valued at approximately $52,000. Millennium Management LLC bought a new stake in shares of Amber International in the third quarter valued at approximately $98,000. Susquehanna International Group LLP purchased a new stake in shares of Amber International during the 3rd quarter valued at approximately $191,000. Finally, Citadel Advisors LLC bought a new position in Amber International in the 3rd quarter worth approximately $213,000.

About Amber International

iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in the People’s Republic of China and internationally. It offers iAudience, an audience identification solution that allows marketers to search, identify, and customize their targeted audience to generate or enhance brand awareness; iAccess and iActivation, an audience engagement and activation solution tailored for brand awareness-driven and performance-driven campaigns; iExpress, the lite version of iAccess solution for small and medium-sized enterprises; iNsights, an online campaign results monitoring and measurement solution; and iExperience, a content creation solution.