Clicks Group (OTCMKTS:CLCGY) Sets New 52-Week Low – Time to Sell?

Clicks Group Limited (OTCMKTS:CLCGY)’s stock price hit a new 52-week low on Monday . The stock traded as low as $28.16 and last traded at $28.16, with a volume of 7163 shares trading hands. The stock had previously closed at $28.99.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Clicks Group to a “hold” rating in a research note on Friday, June 12th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Clicks Group presently has a consensus rating of “Hold”.

Clicks Group Stock Performance

The stock has a 50 day moving average of $31.77 and a 200-day moving average of $36.62. The firm has a market capitalization of $3.33 billion and a P/E ratio of 4.65.

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.