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

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

Analyst Upgrades and Downgrades

Separately, Barclays initiated coverage on shares of Redcare Pharmacy in a report on Tuesday, October 7th. They set an “overweight” rating for the company. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.

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Redcare Pharmacy Stock Up 18.7%

The business’s fifty day moving average price is $7.65 and its 200 day moving average price is $9.11.

Redcare Pharmacy Company Profile

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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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