Clicks Group (OTCMKTS:CLCGY) Reaches New 1-Year Low – Here’s Why

Shares of Clicks Group Limited (OTCMKTS:CLCGY) reached a new 52-week low during mid-day trading on Tuesday . The stock 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.

Analysts Set New Price Targets

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

Clicks Group Stock Down 3.1%

The company has a market cap of $3.32 billion and a P/E ratio of 4.65. The company has a 50 day moving average price of $31.34 and a 200-day moving average price of $36.36.

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.