Clicks Group (OTCMKTS:CLCGY) Shares Gap Up – Should You Buy?

Clicks Group Limited (OTCMKTS:CLCGY)’s stock price gapped up prior to trading on Tuesday. The stock had previously closed at $26.11, but opened at $28.51. Clicks Group shares last traded at $28.5245, with a volume of 1,177 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Clicks Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Clicks Group Price Performance

The company’s 50-day moving average is $25.56 and its 200-day moving average is $28.79.

Clicks Group Company Profile

Clicks Group Limited is a South African retail and healthcare group best known for operating Clicks, a chain of health, beauty and wellness stores. Its outlets offer prescription and over-the-counter medicines, personal-care products, cosmetics, toiletries, baby-care items, vitamins and other consumer-health merchandise. The group also operates pharmacies within many Clicks stores and provides digital and related healthcare services through its retail network.

The group’s operations include United Pharmaceutical Distributors (UPD), a pharmaceutical wholesaler that supplies medicines and healthcare products to pharmacies, private hospitals, dispensing doctors and other healthcare providers.