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 traded.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Clicks Group to a “hold” rating in a research note on Friday, June 12th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Clicks Group has an average rating of “Hold”.

Clicks Group Stock Down 0.2%

The firm has a market capitalization of $3.28 billion and a P/E ratio of 4.65. The business’s 50-day simple moving average is $29.59 and its 200 day simple moving average is $35.36.

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.