Redcare Pharmacy (OTCMKTS:SAEYY) Shares Up 18.7% – Time to Buy?

Redcare Pharmacy NV (OTCMKTS:SAEYYGet Free Report) shot up 18.7% on Wednesday . The stock traded as high as $8.43 and last traded at $8.43. 394 shares changed hands during trading, a decline of 61% from the average session volume of 1,022 shares. The stock had previously closed at $7.10.

Analyst Ratings Changes

Separately, Barclays began coverage on Redcare Pharmacy in a report on Tuesday, October 7th. They issued an “overweight” rating for the company. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy”.

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Redcare Pharmacy Price Performance

The stock’s 50-day moving average price is $7.65 and its 200-day moving average price is $9.11.

About Redcare Pharmacy

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Redcare Pharmacy NV operates in online pharmacy business in the Netherlands, Germany, Italy, Belgium, Switzerland, Austria, and France. It provides prescription and non-prescription over-the-counter pharmaceuticals, beauty and personal care products, and food supplements. The company was formerly known as Shop Apotheke Europe N.V. and changed its name to Redcare Pharmacy NV in June 2023. Redcare Pharmacy NV was founded in 2001 and is headquartered in Sevenum, the Netherlands.

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