Clicks Group (OTCMKTS:CLCGY) Sees Strong Trading Volume – Here’s What Happened

Shares of Clicks Group Limited (OTCMKTS:CLCGY) saw strong trading volume on Monday . Approximately 38,525 shares changed hands during trading, an increase of 135% from the previous session’s volume of 16,423 shares.The stock last traded at $27.74 and had previously closed at $27.78.

Analysts Set New Price Targets

Separately, Zacks Research lowered Clicks Group from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Clicks Group Price Performance

The stock has a market cap of $3.29 billion and a PE ratio of 4.65. The business has a 50 day moving average price of $28.80 and a two-hundred day moving average price of $34.54.

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.