Clicks Group (OTCMKTS:CLCGY) Shares Gap Up – Time to Buy?

Clicks Group Limited (OTCMKTS:CLCGY)’s share price gapped up before the market opened on Tuesday. The stock had previously closed at $26.11, but opened at $28.51. Clicks Group shares last traded at $28.5245, with a volume of 1,177 shares.

Wall Street Analysts Forecast Growth

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

Clicks Group Stock Down 0.8%

The firm has a fifty day simple moving average of $25.63 and a 200 day simple moving average of $28.70.

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.