Stock News in Focus: Criteo S.A. (NASDAQ:CRTO)

Criteo S.A. (NASDAQ:CRTO) stock identified change of 6.93% away from 52-week low price and recently located move of -48.25% off 52-week high price. It has market worth of $1228.31M . CRTO stock has been recorded -5.94% away from 50 day moving average and -18.32% away from 200 day moving average. Moving closer, we can see that shares have been trading -2.71% off 20-day moving average.

Criteo S.A. (NASDAQ:CRTO), the advertising platform for the open Internet, disclosed the launch of its Global Audience Partner Program, featuring new audience partnerships with Customer Data Platforms (CDPs), Data Management Platforms (DMPs) and other customer segmentation solutions. These new partners enable brands and retailers to re-engage their existing or lapsed customers with advanced audience segmentation using Criteo’s world-class capabilities to deliver real-time, personalized dynamic ads.

Advertisers that have invested in audience segmentation solutions can now leverage Criteo’s unique combination of scale, performance, transparency and market-leading match rates to more effectively and efficiently reach shoppers across the open web, mobile browsers and apps. Criteo Audience Match enables the onboarding of hashed emails, mobile IDs and cookies, regularly achieving match rates of 60%+ through its deterministic Shopper Graph.

Tim Bryan, CRO at Custora – a customer intelligence platform said “We are thrilled to partner with Criteo and integrate Custora’s advanced audience segmentation and personalization capabilities”. “More and more, we are seeing leading retailers adopt the understanding that not all shoppers are equal. They are taking a smarter approach to campaign optimization and targeting according to predicted Customer Lifetime Value (CLV). Additionally, by understanding shoppers’ affinities towards different promotions and products, they are able to add a layer of personalization that makes each touch-point in the buyer’s journey more meaningful. The results that retailers are experiencing when combining Custora and Criteo are truly remarkable.”

The Technology sector company, Criteo S.A. noticed change of 2.76% to $18.97 along volume of 1404602 shares in recent session compared to an average volume of 630.42K. The stock observed return of -0.52% in 5 days trading activity. The stock was at -2.22% over one month performance. CRTO’s shares are at -30.99% for the quarter and driving a -26.27% return over the course of the past year and is now at -16.51% since this point in 2018.

The average volatility for the week at 3.86% and for month was at 4.23%. There are 64.75M shares outstanding and 64.75M shares are floated in market. Right now the stock beta is 1.03.

Albert Cuevas

Albert Cuevas also covers the business news across all market sectors for website. He also has an enormous knowledge of stock market. He holds an MBA degree from University of Florida. Albert has more than 10 years of experience in writing financial and market news. He previously worked at a number of companies in different role including web developer, software engineer and product manager. He also covers Business news section for our site. Address: 1036 Stroop Hill Road, ELMER, New Jersey Email: Albert@newscontrol.info

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