Click Holdings (CLIK) Stock Is Skyrocketing Monday: What's Going On?

Benzinga_recent_news10-28

Click Holdings Limited (NASDAQ:CLIK) stock is trading sharply higher Monday afternoon after the Hong Kong-based human resources and senior care solutions provider announced strong revenue growth for ...

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The company more recently reported quarterly losses of $1.61 per share on sales of $10.711 million.\n“We are pleased to report significant revenue growth across both our nursing solutions and logistics solutions segments, in line with our expansion strategy,\" said Jeffrey Chan, founder and CEO of Click.\nHe added, “Although our bottom line was temporarily affected by investments…we are confident these investments represent short-term costs that will lay a strong foundation for sustained business expansion.”\nBenzinga Edge Rankings: According to Benzinga Edge, the company has a strong Value score of 94.03, suggesting the stock may be undervalued.\nCLIK Price Action: Click Holdings shares were up 68.4% at $10.46 on Monday, according to Benzinga Pro data.\nRead Also: Tech Stocks Rally, Gold Tumbles On US-China Trade Progress: What’s Moving Markets Monday?\nBesides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. \nFor example, in Click Holdings’ case, it is in the Industrials sector. 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