Clicks Group (OTCMKTS:CLCGY) Reaches New 52-Week Low – What’s Next?

Clicks Group Limited (OTCMKTS:CLCGY) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $25.62 and last traded at $25.7145, with a volume of 681 shares traded. The stock had previously closed at $27.90.

Analyst Upgrades and Downgrades

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

Clicks Group Stock Down 5.1%

The firm has a market cap of $3.02 billion and a price-to-earnings ratio of 4.65. The business has a 50 day moving average price of $28.73 and a 200-day moving average price of $34.45.

Clicks Group Company Profile

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.