CLS Holdings plc (LON:CLI – Get Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 58.95 and traded as low as GBX 48.55. CLS shares last traded at GBX 48.55, with a volume of 394,390 shares traded.
Analysts Set New Price Targets
Several research analysts recently commented on the company. Peel Hunt reissued a “hold” rating and issued a GBX 70 price objective on shares of CLS in a research note on Wednesday, December 3rd. Berenberg Bank lifted their target price on shares of CLS from GBX 70 to GBX 80 and gave the stock a “buy” rating in a research note on Monday, January 26th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 75.
Check Out Our Latest Stock Report on CLS
CLS Stock Up 0.3%
CLS (LON:CLI – Get Free Report) last posted its quarterly earnings results on Friday, March 13th. The company reported GBX (12.60) earnings per share for the quarter. CLS had a negative net margin of 36.01% and a negative return on equity of 6.67%. As a group, analysts anticipate that CLS Holdings plc will post 10.0104167 earnings per share for the current fiscal year.
Insider Buying and Selling
In other CLS news, insider Johannes Conradi acquired 200,000 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was bought at an average cost of GBX 52 per share, for a total transaction of £104,000. Corporate insiders own 60.56% of the company’s stock.
CLS Company Profile
We are a commercial property investment company with a £2.1bn portfolio listed on the Premium Main Market on the London Stock Exchange, specialising in future-focused office space in the UK, Germany and France. Through geographical diversification, local expertise and an active management approach, we transform office properties into sustainable, modern spaces that help our tenants’ businesses to grow.
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