Clicks Group (OTCMKTS:CLCGY) Reaches New 12-Month Low – Time to Sell?

Clicks Group Limited (OTCMKTS:CLCGY) hit a new 52-week low on Tuesday . The company traded as low as $27.92 and last traded at $28.0832, with a volume of 5306 shares changing hands. The stock had previously closed at $29.02.

Wall Street Analysts Forecast Growth

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

Clicks Group Stock Down 1.5%

The business’s 50 day simple moving average is $31.02 and its 200 day simple moving average is $36.18. The company has a market capitalization of $3.25 billion and a PE 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.