Clicks Group (OTCMKTS:CLCGY) Shares Climb 9.8% – Still a Buy?

Clicks Group Limited (OTCMKTS:CLCGY) traded up 9.8% during trading on Wednesday. The stock traded as high as $28.74 and last traded at $28.6315. 2,424 shares changed hands during trading, a decline of 90% from the average daily volume of 24,574 shares. The stock had previously closed at $26.0750.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Clicks Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, Clicks Group presently has a consensus rating of “Hold”.

Clicks Group Price Performance

The firm has a 50-day simple moving average of $25.60 and a two-hundred day simple moving average of $28.74.

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.