CLS (LON:CLI) Insider Patrick Symons Acquires 319 Shares of Stock

CLS Holdings plc (LON:CLI) insider Patrick Symons purchased 319 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were purchased at an average cost of GBX 47 per share, for a total transaction of £149.93.

CLS Trading Up 0.6%

LON CLI opened at GBX 46.94 on Thursday. The firm has a market capitalization of £188.43 million, a PE ratio of -1.96 and a beta of 1.01. The business’s 50-day moving average price is GBX 48.79 and its two-hundred day moving average price is GBX 49.85. The company has a current ratio of 0.26, a quick ratio of 0.59 and a debt-to-equity ratio of 128.45. CLS Holdings plc has a 12 month low of GBX 45.30 and a 12 month high of GBX 63.70.

CLS (LON:CLI) last released its earnings results on Wednesday, August 12th. The company reported GBX 2.70 EPS for the quarter. CLS had a negative return on equity of 13.63% and a negative net margin of 72.29%. On average, analysts expect that CLS Holdings plc will post 10.0104167 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Berenberg Bank decreased their target price on CLS from GBX 58 to GBX 51 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Peel Hunt reiterated a “reduce” rating and issued a GBX 45 target price on shares of CLS in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 48.

About CLS

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.