Clicks Group (OTCMKTS:CLCGY) Sees Large Volume Increase – Time to Buy?

Shares of Clicks Group Limited (OTCMKTS:CLCGY) saw unusually-high trading volume on Friday. 100,583 shares changed hands during trading, an increase of 303% from the previous session’s volume of 24,969 shares. The stock last traded at $29.23 and had previously closed at $29.80.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Clicks Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat.com, Clicks Group has a consensus rating of “Strong Buy”.

Clicks Group Price Performance

The company’s 50 day moving average is $25.69 and its two-hundred day moving average is $28.67.

Clicks Group Company Profile

Clicks Group Limited is a South African retail and healthcare group best known for operating Clicks, a chain of health, beauty and wellness stores. Its outlets offer prescription and over-the-counter medicines, personal-care products, cosmetics, toiletries, baby-care items, vitamins and other consumer-health merchandise. The group also operates pharmacies within many Clicks stores and provides digital and related healthcare services through its retail network.

The group’s operations include United Pharmaceutical Distributors (UPD), a pharmaceutical wholesaler that supplies medicines and healthcare products to pharmacies, private hospitals, dispensing doctors and other healthcare providers.