Clicks Group (OTCMKTS:CLCGY) Reaches New 52-Week Low – Here’s Why

Clicks Group Limited (OTCMKTS:CLCGY)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $25.16 and last traded at $25.26, with a volume of 10963 shares changing hands. The stock had previously closed at $26.3150.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Clicks Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Clicks Group Stock Down 3.7%

The business’s 50 day moving average price is $27.27 and its 200-day moving average price is $32.10.

About Clicks Group

Clicks Group is a South African-based healthcare, beauty and wellness retailer operating primarily under the Clicks banner. The company’s core business comprises a network of pharmacies, health and beauty stores, and distribution services. Through its retail outlets, Clicks Group offers a range of products that includes prescription and over-the-counter medicines, personal care items, cosmetics, baby and household products, and nutritional supplements.

In addition to its branded pharmacies and retail stores, Clicks Group owns and operates a wholesale and distribution business that supplies products to its own stores and to third-party retailers across the region.