Clicks Group (OTCMKTS:CLCGY) Shares Gap Down – Should You Sell?

Clicks Group Limited (OTCMKTS:CLCGY)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $29.13, but opened at $27.77. Clicks Group shares last traded at $27.67, with a volume of 366 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Clicks Group to a “hold” rating in a research report on Friday, June 12th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

Clicks Group Price Performance

The business has a fifty day moving average price of $29.43 and a two-hundred day moving average price of $35.22. The firm has a market capitalization of $3.27 billion and a price-to-earnings 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.