Amber International (NASDAQ:AMBR) Issues Quarterly Earnings Results

Amber International (NASDAQ:AMBR) issued its earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, FiscalAI reports. Amber International had a negative net margin of 1.43% and a negative return on equity of 0.72%.

Amber International Price Performance

Shares of AMBR opened at $1.02 on Thursday. The stock’s 50-day simple moving average is $1.32 and its 200 day simple moving average is $1.85. Amber International has a 52-week low of $0.83 and a 52-week high of $5.27.

Institutional Investors Weigh In On Amber International

Several hedge funds and other institutional investors have recently modified their holdings of AMBR. Schonfeld Strategic Advisors LLC bought a new position in shares of Amber International in the third quarter valued at approximately $375,000. Pantera Capital Partners LP bought a new stake in Amber International during the 3rd quarter worth approximately $321,000. Clear Street Group Inc. bought a new stake in Amber International during the 4th quarter worth approximately $157,000. Citadel Advisors LLC purchased a new stake in Amber International in the 3rd quarter worth approximately $213,000. Finally, Millennium Management LLC lifted its stake in Amber International by 109.5% in the 4th quarter. Millennium Management LLC now owns 61,098 shares of the company’s stock worth $106,000 after purchasing an additional 31,932 shares in the last quarter.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of Amber International from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, June 9th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Amber International has an average rating of “Hold”.

Amber International Company Profile

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.