CLS Holdings plc (LON:CLI – Get Free Report)’s share price traded down 15% during trading on Monday. The stock traded as low as GBX 42 and last traded at GBX 42.50. 760,802 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 719,319 shares. The stock had previously closed at GBX 50.
Analysts Set New Price Targets
A number of research firms recently commented on CLI. Berenberg Bank dropped their target price on shares of CLS from GBX 58 to GBX 51 and set a “buy” rating on the stock in a report on Wednesday, August 12th. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 45 price target on shares of CLS in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 48.
Get Our Latest Stock Report on CLI
CLS Stock Performance
The firm’s 50-day moving average price is GBX 46.05 and its two-hundred day moving average price is GBX 47.88. The firm has a market capitalization of £170.62 million, a PE ratio of -1.77 and a beta of 1.01. The company has a quick ratio of 0.59, a current ratio of 0.26 and a debt-to-equity ratio of 128.45.
CLS (LON:CLI – Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported GBX 2.70 EPS for the quarter. CLS had a negative net margin of 72.29% and a negative return on equity of 13.63%. As a group, research analysts predict that CLS Holdings plc will post 10.01 earnings per share for the current fiscal year.
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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