CLS (LON:CLI) Insider Purchases £149.93 in Stock

CLS Holdings plc (LON:CLI) insider Fredrik Widlund purchased 319 shares of the stock in a transaction that occurred on Wednesday, September 9th. The shares were purchased at an average price of GBX 47 per share, for a total transaction of £149.93.

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

• On Friday, August 7th, Fredrik Widlund acquired 309 shares of CLS stock. The stock was purchased at an average price of GBX 49 per share, with a total value of £151.41.

CLS Stock Performance

CLI opened at GBX 46.94 on Thursday. The stock’s 50 day simple moving average is GBX 48.79 and its 200-day simple moving average 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. The stock has a market cap of £188.43 million, a PE ratio of -1.96 and a beta of 1.01. CLS Holdings plc has a 1 year low of GBX 45.30 and a 1 year high of GBX 63.70.

CLS (LON:CLI) last announced 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%. Sell-side analysts forecast that CLS Holdings plc will post 10.0104167 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Berenberg Bank dropped their target price on shares of CLS from GBX 58 to GBX 51 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Peel Hunt restated a “reduce” rating and set a GBX 45 target price on shares of CLS in a research report 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 company. According to data from MarketBeat, the stock presently 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.