Clicks Group (OTCMKTS:CLCGY) Stock Price Down 4.6% – Here’s What Happened

Clicks Group Limited (OTCMKTS:CLCGY)’s stock price dropped 4.6% on Friday. The company traded as low as $25.0101 and last traded at $25.0101. 1,686 shares changed hands during trading, a decline of 93% from the average daily volume of 23,639 shares. The stock had previously closed at $26.21.

Wall Street Analysts Forecast Growth

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

Clicks Group Trading Down 3.0%

The company has a 50-day moving average price of $25.63 and a two-hundred day moving average price of $29.23.

About Clicks Group

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.