CLS (LON:CLI) Insider Buys £150.48 in Stock

CLS Holdings plc (LON:CLI) insider Fredrik Widlund purchased 342 shares of the business’s stock in a transaction dated Monday, November 9th. The stock was bought at an average price of GBX 44 per share, for a total transaction of £150.48.

Fredrik Widlund also recently made the following trade(s):

• On Wednesday, September 9th, Fredrik Widlund purchased 319 shares of CLS stock. The shares were purchased at an average cost of GBX 47 per share, with a total value of £149.93.

CLS Stock Up 0.2%

LON:CLI traded up GBX 0.10 during midday trading on Tuesday, reaching GBX 43.10. 18,121 shares of the stock traded hands, compared to its average volume of 688,355. The company has a debt-to-equity ratio of 128.45, a quick ratio of 0.59 and a current ratio of 0.26. The stock has a market capitalization of £173.03 million, a PE ratio of -1.80 and a beta of 1.01. CLS Holdings plc has a 12-month low of GBX 42 and a 12-month high of GBX 63.70. The business has a 50-day moving average of GBX 45.46 and a two-hundred day moving average of GBX 49.99.

CLS (LON:CLI) last announced its earnings results on Wednesday, August 12th. The company reported GBX 2.70 earnings per share for the quarter. CLS had a negative return on equity of 13.63% and a negative net margin of 72.29%. On average, equities analysts forecast that CLS Holdings plc will post 10.01 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented 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 report on Wednesday, August 12th. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 45 price objective 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of GBX 48.

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.